Online pharmacy 1mg has closed a $70 million investment round led by Corisol Holdings, a European family office, with participation from the World Bank’s investment arm IFC, at a valuation of around $200 million. The Series-D round also saw South Korea’s Redwood Global and Korea Omega Healthcare fun...

Mumbai-based Alteria Capital has written a Rs 80 crore cheque for digital lending firm Lendingkart, the single largest transaction by the venture debt firm till date. The transaction, which is also possibly the largest deal by a venture debt firm for a home-grown startup, will see Lendingkart, which...

Propelld, a Bengaluru-based fintech startup that enables student education loans … announced that it has raised Rs 15 crore from Stellaris Venture Partners and India Quotient. — Yourstory AAS Regina Legal advised Propelld led by a team of partner Ankita Singh , strategic advisor Ajay Anand , and ass...

Valuedrive Technologies, which owns and operates used-car retailing platform Spinny, has raised a shade more than $13 million (about Rs 92 crore) in equity and debt financing, led by marque investment firms SAIF Partners and Accel Partners. Additionally, the round has seen Raghunandan G, cofounder o...

Education-focused fintech company Finwego … announced that it has raised $1.7 million in its seed round from SAIF Partners. A group of HNIs and angels also participated in this round. — Yourstory IC Universal Legal Advocates and Solicitors advised Finwego led by a team of senior partner Kavitha Vija...

Skin and hair care brand mCaffeine on Tuesday said it had raised $2 million as a part of its Series A funding led by RP-SG Ventures. Other key investors who participated in this round include Apurva Salarpuria, LV Angel Fund, KRS Jamwal, and Telama Investments. — Yourstory Poovayya & Co advised...

Two-wheeler rental startup Bounce raised $72 million in its series C funding round led by global technology fund B Capital Group and Falcon Edge Capital, a New York-based hedge fund. Accel Partners India, Accel Partners USA, Chiratae Ventures, Maverick Ventures, Omidyar Network India, Sequoia Capita...

India Alternatives Investment Advisors Ltd. invested up to USD 8 million for a significant minority stake in Brinton Pharmaceuticals Limited. Brinton is focused on dermatology and has recently expanded into the paediatric dermatology and respiratory segments. — The Economic Times DSK Legal advised I...

The Baichung Bhutia Football School (BBFS) with its 50th centre has also announced an angel investment by the promoters of the CarWale & Chalo and Zomato. — Www.Insidesport.Co Bharucha Singh Mundkur advised Talent Invigoration & Sports Management Private Limited led by partner Kaushik Moit...

New Delhi-based India Sports Flashes Pvt. Ltd, which operates sports content app Sports Flashes, has raised $1 million (Rs 6.7 crore) in a pre-Series A funding round from early-stage venture capital fund SRI Capital, a company executive told VCCircle. — VCCircle Bharucha Singh Mundkur advised India ...

Private equity firm General Atlantic has led a $51 million investment round in real estate platform NoBroker, regulatory filings show. Rocketship.vc, along with existing investors Beenext Ventures and SAIF Partners, also participated in the round, which values the company at roughly $160 million. — ...

Mumbai-based Paysense Services India Pvt. Ltd, which operates an online consumer lending platform, has raised $18 million (Rs 123.88 crore) in a Series B funding round, a company statement said. — VCCircle ARA Law advised Paysense Pte Limited, Nexus Ventures and Jungle Ventures led by a team of mana...

Ad tech startup “Affle added Indian hedge fund Malabar Investments to its list of backers”, reported YourStory . The deal took place via a secondary sale of the shares of Affle (India) Private Limited to Malabar India Fund Limited and Malabar Value Fund. ARA Law advised Malabar India Fund Limited an...

Cybersecurity specialist Network Intelligence (NII) has raised Rs 33 crore (around $4.8 million) in fresh capital from private equity firm Helix Investments. — VCCircle Phoenix Legal advised Network Intelligence , led by partner Sriram Ramachandran and associate Manasi Chandriani . Spice Route Legal...

Logistics management startup Locus has raised $22 million (around Rs 196 crore) in its Series B round of funding led by Falcon Edge Capital and Tiger Global Management LLC. — VCCircle Mani Chengappa Mathur (MCM Law) advised Exfinity Technology Fund Series II led by a team of partner Samuel Mani , se...

CloudSEK Info Security Pvt. Ltd, which develops software-as-a-service (SaaS) information security risk management solutions, said it has raised Rs 3.5 crore ($490,000 at current exchange rate) in a fresh funding round from IDFC Parampara Early Stage Opportunities Fund. — VCCircle Mani Chengappa Math...

Pratilipi, a platform that enables users to read, write and listen to stories in local languages, has raised Rs 105 crore, led by China-based Qiming Venture Partners. The financing round indicates bullishness of Chinese investors on the content startups. — The Economic Times Link Legal India Law Ser...

M1xchange, run by Mynd solutions Pvt. Ltd., has raised a Series-A round of venture capital from Mayfield India and SIDBI Ventures. — The Economic Times Economic Laws Practice (ELP) advised Mayfield India II Limited led by a team of partner Shyam Pandya , associate manager Alysha Razvi , associate ma...

Reliance Brands has purchased an additional 12.56 per cent stake in Genesis Colors Limited (GCL) for about Rs 52.77 crore, taking its total holding in the company to 46.39 per cent. “This is to inform that Reliance Brands, a subsidiary of the Company, has purchased an additional 12.56 per cent equit...

Private equity firm Neev Fund, which is backed by State Bank of India and UK’s Department for International Development, has invested an undisclosed amount in Mahendra Educational Pvt. Ltd, the PE firm said. — VCCircle Economic Laws Practice (ELP) advised Neev Fund led by a team of partner Shyam Pan...