In the deals space, Mumbai-based supply chain solutions company LEAP India raised $13 million in a Series B round of funding from a clutch of investors, including Sixth Sense Venture Fund, IndiaNivesh Venture Capital and Mayfield India.
Gurgaon-based Thea Kitchen, which runs a chain of restaurants under Biryani Blues brand, received $1.98 million in a bridge round of funding from existing investor Carpediem Capital Partners.
In the M&A space, Sona Group acquired a 37.5% stake held by its JV partners in auto components manufacturer Mahindra Sona for $17.6 million.
Zoho, a software products firm, invested in Bengaluru-based machine-vision company Zentron Labs and US-based medical devices firm vTitan Corporation.
In another deal, cloud-based customer support software maker Freshdesk acquired Pipemonk, a data integration platform, for an undisclosed amount. The earlier investors in Pipemonk—Orios Venture Partners, Helion Venture Partners and Anupam Mittal—exited as a result.
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