Pre-Series A round investment by Kalaari in AgNext Technologies by subscribing to equity shares and cumulative compulsorily convertible participatory preference shares, according to reports . Early-stage venture capital firm Kalaari Capital has bet on a startup in the agricultural technology segment...

Mswipe Technologies, which develops point-of-sale terminals for merchants, Tuesday said it has raised $30 million (about Rs 207 crore) from existing investors Falcon Edge, B Capital, Epiq Capital and DSG Growth Partners. Mswipe plans to have 1.5 million merchants on its platform by the end of 2019-2...

BlackBuck is raising up to $150 million ( Rs 1,040 crore) in its latest financing round, led by Silicon Valley-based Accel US Growth Fund and including Goldman Sachs, B Capital and Sequoia Capital, valuing the inter-city trucking and supply chain startup at around $800-850 million, two people famili...

Competition watchdog CCI has cleared Japan-based Nippon Steel & Sumitomo Metal Corporation’s acquisition of 51 per cent shareholding in Sanyo Steel. — The Economic Times Sanyo is active in Indian special steel manufacturing via subsidiaries Sanyo Special Steel India and Mahindra Sanyo Special S...

GMR Infrastructure said a consortium comprising the Tata Group, an affiliate of Singapore sovereign wealth fund GIC and Hong Kong-based SSG Capital Management would invest Rs 8,000 crore ($1.16 billion) in its airports unit. GMR will use the entire fund to bring down its debt to Rs 12,000 crore from...

Vivriti Capital, a Chennai-based lending platform for corporate entities, secured Rs 110 crore worth of equity in an additional round of funding from its existing investor Creation Investments. — Yourstory J Sagar Associates advised Creation Investments India III LLC led by a team of partner Lalit K...

Vivriti Capital, a Chennai-based lending platform for corporate entities, has raised equity funding of Rs 200 crore in its series A round from Creation Investment, an investment management company dedicated to financial services.The non-banking finance company (NBFC) plans to use the new funds for s...

Seattle, Washington-based automated tax compliance solutions provider Avalara has acquired startup Indix… The acquisition was executed for an undisclosed sum. Indix is an artificial intelligence platform for product data information. Begun in 2010, Indix is based out of Seattle, US, with its product...

Vikara Services Private Limited (Vikara) and its promoters took a Series A round of equity funding from Elevar I-IV AIF and RFE Co-Invest Holdings Pte Ltd. Vikara under the brand name Better India, provides an online marketplace and a curated customer base for SMEs, NGOs, SHGs and individuals to sel...

Singapore-based Blue Planet Environmental Solutions has acquired Yasasu EMS, an organic waste processing company based in Mumbai. Yasasu manufacturers self-contained and compact digesters which the company claims can process one to five tonnes of organic waste such as leftover food, vegetable and fr...

Valiant Organics Limited, a company listed on the Bombay Stock Exchange, has acquired Amarjyot Chemicals Limited by way of court approved merger. Pursuant to the merger, the shareholders of Amarjyot have been issued equity shares and optionally convertible preference shares of Valiant, according to ...

Alternative investments group Samena Capital has taken a 35% stake in Bloom Hotels for Rs 100 crore valuing the company at Rs 330 crore in a series B investment round. Bloom, which has hotels in markets like Bengaluru, New Delhi, Gurgaon and Goa, plans to set up 100 hotels across South Asia, it said...

Payments startup Pine Labs has acquired Amazon-backed Qwikcilver, a gift card technology startup for $110 million, it said in a statement Tuesday. — Mint MD&T Partners advised Qwikcilver Solutions Private Limited led by a team of partners Mahesh Devaiah , PV Sandhya , senior associate Sridip Su...

Fantasy sports platform Dream11 has raised around $80-100 million round from Tencent Holding, said two sources close to the development. The Mumbai-based company was in talks with the Chinese conglomerate for the investment round from past couple of months. — EnTrackr L&L Partners advised Tence...

Amber Enterprises India Ltd… has approved the proposal to enter into the definitive agreements for acquiring eighty percent (80%) stake upfront in the equity share capital of Sidwal Refrigeration Industries Private Limited (’Sidwal’), which will include in it, the business of Sidwal Technologies.Thi...

Private equity firm True North sold majority stake in VKL Seasoning Pvt. Ltd., to Firmenich, the company said … The deal will enable the Swiss company to have a deeper penetration in the Indian market as the country is one of the fastest growing markets. — Mint S&R Associates advised Firmenich ...

New Street Technologies Pvt. Ltd, which builds and operates blockchain-enabled platforms for institutional clients in the financial services segment, has raised $2 million (Rs 13.8 crore at current exchange rates) in a seed funding round led by impact investment firm Unitus Ventures. — VCCircle J Sa...

ChrysCapital, India’s largest domestic private-equity firm, has led a Rs 220-crore investment round in energy solutions company LivGuard Energy Technolgies that makes, besides traditional automotive products, batteries that drive cars and bikes using the electric power train. The transaction has als...

Sequoia Capital invested ₹ 65 crore in mattresses and sleep-products company Wakefit in exchange for 31.9% equity. With that investment, the previously bootstrapped start-up’s valuation now stands at over ₹ 210 crore, Wakefit said in a statement on Tuesday. — Mint Samvad Partners advised Wakefit Inn...

Patna-headquartered Green Agrevolution Pvt. Ltd, which operates online marketplace for farmers DeHaat, has raised Rs 20 crore in venture debt from Trifecta Capital. — Techcircle Desai & Diwanji advised Green Agrevolution Private Limited and its promoters, Shashank Kumar, Shyam Sundar Singh, Amr...