Tanglin Venture Partners, a $50-million fund floated by former Tiger Global executives Ravi Venkatesh and Edwina Yeo, has invested around ₹40 crore in home appliances brand Lifelong Online, its first funding in India. The round includes a mix of primary and secondary infusion, people familiar with t...

Business-to-business (B2B) food commodity marketplace TechnifyBiz said it has raised over $2 million (Rs 14 crore) in its seed round of funding. — VCCircle Desai & Diwanji advised Omnivore Partners India Fund 2 and Insitor Impact Asia Fund Pte. led by partner Siddharth Mody , with a documentati...

Scooter rental startup Bounce is having a ball. Within six months of raising $72 million, the Bengaluru-based venture has raised $97.5 million in a Series D round led by Accel Partners and B Capital. Existing investors, including Chiratae, Sequoia Capital, Omidyar and others also participated in the...

NEW DELHI: HomeVista Decor and Furnishing, which owns and operates online home interior design platform HomeLane, has raised $30 million (Rs 213.50 crore) in a new funding round, led by Evolvence India Fund, NSE-listed Pidilite Industries Ltd and New York-based investment firm FJ Labs. The Series D ...

The IoT-SaaS startup will use the funding to build AI capabilities for each of its horticulture value chain — Inc42 IC Universal Legal advised Omnivore Partners led by a team of partner Sameena Chatrapathy , senior associate Janani Dinesh , associate Adeeb Shah , associate Raghavi Raj . Burgeon Law ...

NEW DELHI: Attracted by India’s green energy trajectory, LGT Lightstone Aspada plans to invest up to $50 million in Canadian firm AMP Solar Group’s India unit, said four people aware of the development. — Mint IndusLaw advised long-standing AMPSolar India and its management team led by a team of par...

In yet another startup acquisition, Reliance Industries has scooped up Hyderabad-based SaaS startup NowFloats Technologies. The filings with the stock exchange show that Reliance Strategic Business Ventures Limited, a wholly-owned subsidiary of Reliance Industries Limited has acquired equity shares ...

Healthcare startup Pristyn Care … said it has raised $12 million in a Series B funding round led by Sequoia Capital India, Hummingbird Ventures, Greenoaks Capital and AngelList. — Mint Veyrah Law advised Pristyn Care led by a team of partner Ajay Joseph , principal associate Arun Mohanty , associate...

Non-banking finance company Five Star Business Finance has raised $50 million in a new funding round led by private equity major TPG Capital, valuing the Chennai-based lender at $950 million. The company, which was founded back in 1984, has been on a strong growth trajectory since 2014, creating a b...

ZestMoney, an artificial intelligence-driven financing platform, has raised over Rs 100 crore ($15 million) in an equity investment round led by American investment banking giant Goldman Sachs. The Bengaluru-based company’s existing investors, Naspers Fintech, Quona Capital and Flourish, also partic...

Bombay Shaving Company (BSC) has raised Rs 45 crore in a new financing round, led by Sixth Sense Ventures, with participation from existing investor Colgate Palmolive Asia Pacific. Following the fundraising, a clutch of angels and early employees have exited the brand, which has picked up Rs 80 cror...

PremjiInvest, the family office of chair man Wipro Ltd Azim Premji, is set to acquire a stake in Hyderabad-based pharmacy chain Medplus Health Services Pvt Ltd — VCCircle Samisti Legal advised Medplus Health Services led by a team of partner Prashant Jain . Deal value: Rs 200 Cr (according to Busine...

Student Housing Startup Stanza Living Raises Funds From Billionaire Sam Zell: Stanza Living has raised undisclosed funding from Equity International — Inc42 AZB & Partners advised Equity International Management led by a team of partners Srinath Dasari and Nanditha Gopal , and senior associate ...

India Business Excellence Fund – III, a fund managed and/or advised by MOPE Investment Advisors Private Limited (“MOPE”), have committed INR 2,500 million to VVDN Technologies Private Limited (“VVDN”/the “Company”), a Gurugram based company engaged in the business of Product Engineering and Electron...

Fashor, a Chennai-based online women’s apparel brand, raised $1 million in a Pre-Series A round led by Sprout Venture Partners. IP Ventures, and Venture Catalysts, with participation from a few HNIs. — Yourstory Platinum Partners advised Target company and its promoters Fashor Lifestyle Private Limi...

Girnar Software, which owns and operates auto portal CarDekho.com, has raised $70 million (about Rs 500 crore) in a fresh round of financing from a clutch of new and existing investors, including, Global Voyager Fund, an investment arm of Chinese retail financial services giant Ping An. Sunley House...

Global alternative asset manager Investcorp has closed an estimated $45 million (about Rs 323 crore) funding round in dialysis services provider NephroPlus, in the process, providing an exit to one of the Hyderabad-headquartered company’s existing investors. The latest transaction will see SeaLink C...

RIB Software SE (through its affiliates RIB Limited & RIB ITWO Software Private Limited), listed on Frankfurt Stock Exchange and an innovator in construction business providing software solutions across various industries worldwide, on 24 December 2019 invested in Indian company Capricot Techno...

Agritech startup Ecozen, which makes products that help enhance life and value of perishables has raised a total of $6 million funding to fuel its growth phase. — Hindu Business Line Desai & Diwanji advised repeat investor Omnivore India Capital Trust led by a team of partner Siddharth Mody and...

NEW DELHI: SoftBank has invested about $231 million (Rs 1,645 crore) in Lenskart Solutions after months of negotiations with the eyewear solutions company. The Japanese group will back the Faridabad-based company, now valued at $1.5 billion from its second Vision Fund The financing round was first r...