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PE-backed Fibe to sharpen focus on profitability after FY24 AUM, revenue double

TMT

01 July, 2024

PE-backed Fibe to sharpen focus on profitability after FY24 AUM, revenue double

Digital lending platform Fibe expects business growth to moderate this fiscal year as it intends to sharpen its focus on improving ......

Skye Air, Palette Brands, Finsall secure early-stage funding; CredAble gets debt investment 

Consumer

12 June, 2024

Skye Air, Palette Brands, Finsall secure early-stage funding; CredAble gets debt investment 

Drone logistics startup Skye Air, consumer goods company Palette Brands and fintech startup Finsall raised early-stage investment, while fintech startup CredAble ......

Digital lender Fibe gets Series E cheque from TR Capital, others

TMT

05 June, 2024

Digital lender Fibe gets Series E cheque from TR Capital, others

Lendingtech startup Fibe (erstwhile EarlySalary) said Wednesday it has raised Series E funding in a round led by private equity ......

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Grapevine: Lenskart, Purplle eye fresh funds; Blackstone changes tack for PGP Glass sale

General

04 April, 2024

Grapevine: Lenskart, Purplle eye fresh funds; Blackstone changes tack for PGP Glass sale

are engaged in early discussions for fresh funding, indicating a resurgence in big-ticket deals exceeding $100 million, a media report said.   Lenskart ......

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Grapevine: Actis, Sembcorp eye Brookfield assets; GIC, Blackstone property deal falls

General

27 March, 2024

Grapevine: Actis, Sembcorp eye Brookfield assets; GIC, Blackstone property deal falls

Private equity firm Actis' renewable energy platform BluPine Energy and Sembcorp Industries Ltd are among those considering the acquisition of ......

Blume, Chiratae LP Alphatron Capital raises $30 mn for debut fund

Finance

21 March, 2024

Blume, Chiratae LP Alphatron Capital raises $30 mn for debut fund

American investment firm Alphatron Capital, which primarily makes limited partner-style bets on venture capital firms in India, has closed its ......

Chiratae-backed Minus Zero to develop self-driving trucks with Ashok Leyland

Manufacturing

19 March, 2024

Chiratae-backed Minus Zero to develop self-driving trucks with Ashok Leyland

Indian automaker Ashok Leyland has partnered with Minus Zero to develop self-driving trucks, the autonomous driving technology startup said on ......

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VC-backed Redcliffe Labs in talks for more acquisitions to boost profitability

Healthcare

11 March, 2024

VC-backed Redcliffe Labs in talks for more acquisitions to boost profitability

Redcliffe Lifetech Pvt Ltd, which operates diagnostic centres under the Redcliffe Labs brand, is in talks to acquire labs with ......

Exly, three others raise early-stage funding

TMT

05 March, 2024

Exly, three others raise early-stage funding

Business tools provider Exly, community platform Hack2Skill, startup Vijya Fintech and beverage brand Swizzle raised early-stage funding, the companies said on ......

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Deals Digest: Momentum continues to be subdued in absence of large-ticket deals

General

23 February, 2024

Deals Digest: Momentum continues to be subdued in absence of large-ticket deals

Capital raised by private equity (PE) and venture capital (VC)-backed companies slid further for a second consecutive week marred by ......