SMEcorner, which lends to micro, small and medium enterprises (MSMEs), has raised $30 million through a mix of equity and debt, a senior company executive said. — Mint Jerome Merchant + Partners advised Digikredit Finance Private Limited , operating as SMECorner led by a team of partner Sameer Sibal...

Bhagwandas Retail Pvt. Ltd, which operates business-to-business-focussed artisan platform Lal10, has raised $1.1 million (approximately Rs 8.16 crore at current exchange rates) in pre-Series A funding. — VCCircle Universal Legal advised Beyond Capital Fund led by a team of partner Mohit Kapoor &...

BigBasket … announced 100% acquisition of online milk delivery app DailyNinja. The deal will help the Bengaluru-based online grocer to consolidate its position in the subscription delivery space in the city, the firm said. — The Financial Express Algo Legal advised DailyNinja Delivery Services Priva...

Agriculture-technology startup Ecozen Solutions Pvt. Ltd has raised an undisclosed sum of money as part of its Series A funding round from impact investors Caspian and Hivos-Triodos Fund. — VCCircle Desai & Diwanji advised Omnivore Partners led by a team of partner Siddharth Mody and senior ass...

Sagent Lending Technologies has entered an agreement to acquire Australian mortgage technology provider ISGN Corporation.The mortgage servicing technology provider said that the acquisition would expand Sagent’s loan servicing products. Sagent also said that it aims to enhance its “comprehensive cap...

Representative Image Space technology startup Agnikul has raised Rs 23.4 crore in pre-series A funding led by Pi Ventures, as it looks to develop a satellite launch vehicle with a payload capacity of up to 100 kgs. The funding round also saw participation from Hari Kumar of LionRock Capital, Artha V...

Scoop: Corporate transactional saw the lion’s share of associate promos, alongside the Delhi and Bangalore offices

Online food delivery and restaurant recommendation platform Zomato has raised close to $5 million (Rs 38.20 crore) from Pacific Horizon Investment Trust, a fund managed by British investment manager Baillie Gifford. According to documents filed by Zomato with the Registrar of Companies, and accessed...

FarEye, a logistics SaaS (software-as-a-service) platform, announced a Series D investment of $25 million led by M12 (Microsoft’s venture fund), Eight Roads Ventures and Honeywell Ventures. Existing investor SAIF Partners also participated in the round. — Mint J Sagar Associates advised Microsoft Co...

Kochhar & Co. advises The Moms Co. on its USD 5 million Series B funding Gurugram based consumer goods start-up, The Moms Co. (Amishi Consumer Technologies Pvt Ltd.) has raised USD $ 5 million in a Series B funding round from its existing investors, DSG Consumer Partners and Saama Capital, acco...

Paras Healthcare Private Limited (client) acquired Fortis JK Hospital through the purchase of medical assets of Plus Medicare Hospitals Private Limited under an Asset Transfer and Framework Agreement. Paras will manage and run the operations of the hospital of Plus Medicare Hospitals Private Limited...

Invoice discounting platform, KredX, has raised $26 million (Rs 187 crore) in a Series B fund raise led by India’s largest invoice discounting platform on Wednesday announced its series B fund raise of $26M (Rs 187 crore) led by Tiger Global Management, along with participation from existing investo...

Sumitomo Chemical India Limited (‘SCIL’ or ‘the Company’), a subsidiary of one of the leading global chemical companies Sumitomo Chemical Co., Ltd., Japan (‘SCC Japan’) and a leading player in Indian agrochemical, household insecticides and animal nutrition sectors, announced the completion of the m...

Mukherjee to exit AZB and consider options, not just CM A ZB & Partners Delhi-based capital markets partner Madhurima Mukherjee is set to leave the firm for “personal reasons”, reported Bar & Bench . Update 20:53 : She told us that she had been thinking about leaving for the past six month...

CA Lotus Investments, an investment arm of Carlyle group, sold 65.51 lakh shares of Metropolis Healthcare through a bulk deal on the BSE. The offer size is 13.06 per cent of the outstanding share capital of Metropolis. Currently, CA Lotus holds 71.79 lakh shares or 14.31 per cent stake in the compan...

IndusLaw partner Anupam Prasad has set up an independent firm called AP Law Chambers around six weeks ago.

Multiples Alternate Asset Management has invested $20 million (about Rs 142 crore) in artificial intelligence and big data company Quantiphi, the first deep- tech investment by the Renuka Ramnath-led private equity firm. The investment which has a small secondary component as well, is the first inst...

Colliers International, a Nasdaq-listed commercial real estate services and investment management firm, has acquired a controlling interest in Synergy Property Development Services, a Bengaluru-based project management firm. — Hindu Business Line AZB & Partners advised Colliers International In...

Rupeek Fintech has raised $60 million (about Rs 432 crore) across two separate rounds, led by GGV Capital, Binny Bansal and Bertelsmann India Investments, among others. The Bengaluru-headquartered startup, which provides loans against gold as collateral, said it will use the proceeds from the latest...

Khatabook, an app that enables small and medium enterprises (SMEs) to record and track business transactions digitally, has raised $25 Mn Series A round from GGV Capital, Partners of DST Global, RTP Ventures, Sequoia India, Tencent, Y Combinator and others. — Inc42 Algo Legal advised Sequoia Capital...