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WEH Ventures' second fund exceeds target corpus

Finance

28 April, 2022

WEH Ventures' second fund exceeds target corpus

Mumbai-based WEH Ventures has already exceeded its second fund's target corpus of Rs 100 crore and is set to announce ......

MakeMyTrip's fintech arm picks up majority stake in BookMyForex

TMT

05 April, 2022

MakeMyTrip's fintech arm picks up majority stake in BookMyForex

MakeMyTrip’s fintech unit, TripMoney, has acquired a majority stake in online foreign exchange services provider, BookMyForex.  MakeMy Trip, however, did not ......

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Sixth Sense Ventures-backed Neeman's eyes $40 mn valn in fresh fundraise

Consumer

14 March, 2022

Sixth Sense Ventures-backed Neeman's eyes $40 mn valn in fresh fundraise

Eco-friendly footwear brand Neeman's Pvt. Ltd is in discussion with several homegrown private equity funds and growth investors to raise ......

Digit Insurance FY21 net loss shrinks as revenue soars over 50%

Finance

17 January, 2022

Digit Insurance FY21 net loss shrinks as revenue soars over 50%

Cloud-based general insurance company Digit Insurance’s net loss shrank sharply in 2020-21 (FY21) as the company reported a strong growth ......

Digit Insurance valued at $3.5 bn in funding round led by Faering Capital

TMT

02 July, 2021

Digit Insurance valued at $3.5 bn in funding round led by Faering Capital

Bengaluru headquartered general insurance company Digit Insurance on Friday said it has reached a valuation of $3.5 billion, a 1.8-time ......

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Unpacking Digit Insurance -- India's newest unicorn

TMT

20 January, 2021

Unpacking Digit Insurance -- India's newest unicorn

When Kamesh Goyal, founder and chairman of Digit Insurance, the country’s newest unicorn, started the non-life insurance company a little ......

Sequoia, Faering Capital double down on non-bank lender Finova

TMT

28 October, 2020

Sequoia, Faering Capital double down on non-bank lender Finova

Jaipur-based non-banking financial company Finova Capital Pvt. Ltd has raised $35 million (about Rs 260 crore) from existing venture capital ......

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Faering-backed WheelsEMI raises fresh funding in flat Series C round

Finance

13 August, 2020

Faering-backed WheelsEMI raises fresh funding in flat Series C round

WheelsEMI Pvt. Ltd, a non-banking finance company which offers loans for two-wheelers, has raised fresh capital in a flat Series ......

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Warburg Pincus moves ahead to take another Indian portfolio firm public

Finance

20 July, 2020

Warburg Pincus moves ahead to take another Indian portfolio firm public

Private equity giant Warburg Pincus has inched a step closer to taking public one more company from its India portfolio, ......

Grapevine: Geojit may buy Faering-backed Funds India; Blackstone to sell Embassy REIT units

General

23 June, 2020

Grapevine: Geojit may buy Faering-backed Funds India; Blackstone to sell Embassy REIT units

Geojit Financial Services is in talks to buy an online mutual fund investment platform -- Funds India -- from its ......