Portl, ProsParity, Freshleaf grab early-stage funding
Fitness and wellbeing technology startup Portl, fintech startup ProsParity and homegrown tea brand Freshleaf secured early-stage funding, the companies said. Portl Hyderabad-based Portl has raised $3 million (Rs 25 crore) in a pre-Series A funding round led by early-stage venture capital firm Bharat Innovation Fund. The round also saw participation from ......
Singapore investment firm ThinKuvate launches maiden India-focused angel fund
Singapore-based early-stage investment firm ThinKuvate Tuesday said the firm has launched its maiden India-focused angel fund. ThinKuvate India Fund – I is a SEBI-registered category-I alternative investment fund (AIF), it said. The fund has a target corpus of Rs 100 crore ($12 million), with a greenshoe option of Rs 50 ......
Matel, three others secure early-stage funding
E-mobility startup Matel, spiritual tech startup InstaAstro, local savoury startup The Betel Leaf Co and co-working startup Stylework secured early-stage funding, the companies said on Wednesday. Matel Matel has raised $4 million (Rs 33.4 crore) in a Series A funding round led by Transition VC. The round also saw participation from Nikhil Kamath’s Gruhas and Haresh ......
Ivy Growth Associates rolls out new fund for startups
Micro venture capital firm Ivy Growth Associates has floated Arigato Capital, a SEBI-registered category-I alternative investment fund VC fund with a target corpus of Rs 250 crore (around $30 million). The sector-agnostic fund will invest in startups across a variety of emerging sectors, including agritech, cleantech, generative AI, fintech, consumer brands, and software-as-a-service ......
Regrip, Treacle secure early-stage funding
Tyre re-engineering startup Regrip and cybersecurity startup Treacle secured early-stage funding, the companies said on Thursday. Regrip Regrip has raised $2 million (Rs 16.6 crore) in a funding round led by Qatar-based venture capital firm Sirious One along with Inflection Point Ventures and Let's Venture. The round also saw participation from angel investors ......
Catamaran's Padaki on the family office's take on LP bets, friction around exits and more
With assets under management valued at over a billion dollars, Infosys co-founder NR Narayana Murthy’s family office, Catamaran Ventures, invests across asset classes including public equity, fixed income and private equity. Led by president Deepak Padaki, the family office has its portfolio roughly divided into thirds across the asset classes. However, within ......
MENA Digest: Egyptian startup OneOrder, Saudi SaaS firm Merit lead funding
Dealmaking in the Middle East and North Africa region during the week was propelled by high-value, growth-stage fundraises by tech-led startups across the UAE, Egypt, Jordan, and Saudi Arabia. While Saudi Arabian SaaS startup Merit raised pre-Series B funding, Egyptian logistics player OneOrder secured Series A funding. Besides the UAE-based proptech ......
Esas Private Equity acquires Turkish cosmetics brand with co-investors
Esas Private Equity, the PE arm of Turkey’s largest family-owned investment firm Esas Holding, has acquired a leading Turkish cosmetics brand in partnership with two co-investors. Esas, which manages assets worth $2.2 billion in private equity, acquired Turkish cosmetic brand Flormar from French company Groupe Rocher, the owner of Yves ......
AZB hires former Cyril Amarchand Mangaldas partner for antitrust practice
Full-service law firm AZB & Partners has appointed Kirthi Srinivas as a partner to bolster its competition law practice. Srinivas will be operating from the firm’s Mumbai office. With experience of more than a decade, Srinivas has worked in areas such as competition law, competition strategy and advisory along with private ......
