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Purplle races to unicorn with $33 mn extended Series D round

TMT

09 June, 2022

Purplle races to unicorn with $33 mn extended Series D round

Online beauty products marketplace Purplle, operated by Mumbai-based Manash Lifestyle Pvt Ltd, has turned unicorn after raising $33 million (Rs ......

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Kotak's investment arm to raise its new "strategic" fund by October

Finance

11 May, 2022

Kotak's investment arm to raise its new "strategic" fund by October

Kotak Investment Advisors Ltd (KIAL), the alternative investment arm of Kotak Group, is set to mark the first close of ......

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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 ......

Sequoia-backed LambdaTest raises $45 mn led by Premji Invest

TMT

29 March, 2022

Sequoia-backed LambdaTest raises $45 mn led by Premji Invest

Sequoia Capital India-backed LambdaTest, an end-to-end cloud-based test orchestration platform, has raised $45 million in a venture round led by Premji Invest, the company said ......

Premji Invest to pick 10% stake in Sagar Cements for Rs 350 cr

Infrastructure

25 March, 2022

Premji Invest to pick 10% stake in Sagar Cements for Rs 350 cr

Azim Premji’s investment arm Premji Invest Opportunities Fund on Friday agreed to pick just over 10% stake in publicly-listed cement ......

Kotak fund, Premji Invest to infuse Rs 600 cr in glass manufacturer

Manufacturing

01 March, 2022

Kotak fund, Premji Invest to infuse Rs 600 cr in glass manufacturer

Kotak Special Situations Fund (KSSF) and private equity firm Premji Invest have announced an investment of Rs 600 crore (around ......

Sequoia-backed Increff racks up $12 mn from TVS, 021 Capital, others

TMT

21 February, 2022

Sequoia-backed Increff racks up $12 mn from TVS, 021 Capital, others

NextSCM Solutions Pvt. Ltd, which runs supply-chain startup Increff, on Monday said it has secured $12 million (around Rs 89 ......

Pixis snags $100 mn in Series C led by SoftBank; Exfinity partially exits

TMT

20 January, 2022

Pixis snags $100 mn in Series C led by SoftBank; Exfinity partially exits

Artificial Intelligence (AI) based cloud marketing startup Pixis Software Inc. on Thursday said it has raised $100 million (Rs 745 ......

Premium
Premji Invest-backed Gold Plus Glass plans public float

Manufacturing

17 December, 2021

Premji Invest-backed Gold Plus Glass plans public float

Premji Invest-backed Gold Plus Glass Industry Pvt Ltd has hired three merchant banks for an initial public offering next year, ......

Warburg Pincus sells 6.2% stake in Medplus before the start of IPO

Markets

10 December, 2021

Warburg Pincus sells 6.2% stake in Medplus before the start of IPO

Lavender Rose Investment Ltd, a Mauritius-based unit of private equity firm Warburg Pincus, sold shares worth Rs 550 crore in ......