Arise Ventures founder Ankita Vashistha on third fund, AI focus and more
Early-stage venture capital firm Arise Ventures is in the middle of scaling up after more than a decade of investing across India, the US, and Singapore. Having backed companies such as software company Uniphore, meat and seafood delivery platform Licious, cosmetics marketplace Luxola, and HR technology provider Phenom across its ......
Deals Digest: Year-end holiday pause shrinks PE, VC funding
With the final full week of 2025 coinciding with the Christmas holiday, private equity and venture capital activity slowed to a seasonal lull, as investors and founders stepped back toward year-end, according to data compiled by VCCircle. A total of 13 deals worth $205.6 million (around Rs 1,846 crore) were announced ......
PE-backed Lohum's strategy head on financial performance, rare earth foray and more
Sustainable battery-raw-materials business Lohum Cleantech Pvt Ltd, backed by homegrown private equity firm Baring Private Equity Partners India, posted an impressive topline growth in FY25 increasing 70% year-on-year. Founded in 2017 by Rajat Verma, Lohum provides an end-to-end ecosystem for battery recycling, repurposing, materials refining, and integrated battery lifecycle management. It ......
Grapevine: Bain-Piramal fund, Bessemer, Vixar, Gauri Khan Family Trust in news
Piramal Group and Bain Capital’s JV, India Resurgence Fund (RF), has begun the process of selling part of its stake in Synthimed Labs, while Bengaluru-based biotech startup Pandorum Technologies is raising additional funding in its ongoing Series B round. Meanwhile, Vixar, formerly Arpwood Partners, has acquired a significant minority stake in ......
Deals Digest: PE, VC funding value cools despite steady deal flow
Private equity and venture capital activity slowed in terms of overall value, even though the deal volume remained healthy in the five-day period ended December 19, according to data compiled by VCCircle. Companies raised over $600 million (around Rs 5,378 crore) across 26 deals, compared with $1.44 billion (around Rs 12,908 ......
Spinny set to onboard new offshore investor in ongoing fundraise
Used car retailing platform Spinny, which is currently raising $160 million (around Rs 1,447 crore) in its Series G funding round as it expands its business with the impending buyout of car-servicing and repair startup GoMechanic, is likely to welcome a new investor in the ongoing fundraise, VCCircle has learnt. The ......
VC firm VenturEast exits seven-year-old SaaS bet with stellar returns
VenturEast, one of India’s oldest venture capital firms that has been investing in the country since 1997, has entirely exited its bet in a software-as-a-service (SaaS) company that it first invested in nearly seven years ago. The Bengaluru-based VC firm, which has clocked multiple exits in the last few months including ......
Grapevine: KKR, Mizuho, Reliance Consumer, Acko, Dhan, others in news
Mizuho Financial Group is set to acquire Avendus Capital, while Reliance Consumer Products is in advanced talks to pick up a majority stake in Udhaiyams Agro Foods. Meanwhile, General Atlantic and Multiples-backed digital insurer Acko has started groundwork for an initial public offer (IPO) and fintech platform Dhan has given early-stage ......
Deals Digest: PE/VC activity rebounds on big-ticket infra, green bets
Private equity and venture capital activity bounced back to normal levels in the five-day period ended December 12, according to data collated by VCCircle. Companies raised over $1.44 billion across 24 deals, more than double the $589 million raised through 18 deals in the previous week. The jump was largely driven by ......
Hospitality firm Moustache Group lays out aggressive expansion plan, eyes VC funding
Moustache Group, a hospitality brand known for its backpacker hostels, boutique stays and luxury resorts, expects a sharp rise in revenue in the financial year through March 2026 and beyond as it expands its footprint across India and prepares for its next phase of growth, a top company executive told ......















