Delhivery
Finance
Weekly Deals Wrap: Cars24 tops chart with massive funding but deal value sees sharp drop on muted M&As
The overall deal value saw an over seven-fold steep fall this week from the preceding one, despite deep-pocketed edtech giant...
Infrastructure
Sitics gains control over cold chain startup, dials PE funds to boost acquisitions
Sitics Logistic Solutions Pvt Ltd, a technology-enabled supply chain company, has bought out a majority stake in Delhi-based cold...
Infrastructure
Lee Fixel's new fund invests over $75 mn in IPO-bound Delhivery
Ahead of its proposed initial public offering (IPO), logistics company Delhivery has raised over $75 million in funding from Addition--a...
TMT
Weekly Deals Wrap: Deal value slips but tech startups Delhivery, Grofers hog spotlight
Deal value across private equity, venture capital and mergers and acquisitions (M&As) fell for the second week in a row ......
Infrastructure
IIFL PE bets on logistics startup floated by ex-Blue Dart honcho
Homegrown private equity firm IIFL PE Fund, managed by financial services firm IIFL AMC, has struck...
TMT
Nexus Venture Partners bets on enterprise-focused AI startup
Early stage venture capital fund Nexus Venture Partners has invested in Neuron7--a startup that uses artificial intelligence (AI)...
Infrastructure
US delivery firm FedEx Corp's unit to invest in market-bound Delhivery
FedEx Express, a subsidiary of US based logistics major FedEx Corp, will invest $100 million (Rs 744 crore) in SoftBank ......
TMT
Why a small fund from Avendus stable built up stakes in unicorns
A fund floated by Avendus Asset Management Ltd -- with an aim to make late-stage investments in mature companies -- ......
TMT
Nexus Venture Partners bets on AI-powered security platform
Nexus Venture Partners has invested in an artificial intelligence based automated security platform for homes and enterprises...
TMT
Tech sizzles in second year of pandemic as most promising sector
During the first five months of 2021, over $14.5 billion changed hands in the technology sector through venture deals, private...
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