Pine Labs, the digital payments and commerce solutions provider to merchants, said it has raised $285 million in new funding from public market crossover investors, including Marshall Wace, Baron Capital Group, Duro Capital, Moore Strategic Ventures and Ward Ferry Management. Its existing investors—...

Bangalore based fin-tech startup, Razorpay has raised around INR 1208 crores ($160M) in its Series E funding round led by GIC, Sequoia Capital India, Matrix Partners India and Ribbit Capital, raising its valuation to $3bn, as reported by the Business Insider . Rajaram Legal advised Matrix Partners I...

Algonomy Software has acquired 100% stake in Rich Relevance, Inc. and pursuant to this acquisition the shareholders of Rich Relevance, Inc. has acquired an equity stake in Algonomy Software, according to reports . Samvad Partners advised Algonomy Software Private Limited (formerly known as Manthan S...

Home-grown payments solution provider Pine Labs, on Monday, announced that it has raised close to $100 million from Lone Pine Capital as part of secondary and primary share sale. This investment round has taken the company’s valuation from $1.6 billion to $2 billion within a year. — Mint Phoenix Leg...

Cryptocurrency exchange platform, CoinDCX has raised Rs 100 crore ($13.9 Million) in series B funding round led by a series B round was led by Block.one and included DG, Jump Capital, Uncorrelated Ventures, Coinbase Ventures, Polychain Capital, Mehta Ventures and Alex Pack. — The Economic Times Ikig...

Razorpay, a Bengaluru startup which provides end-to-end payments solutions to businesses, has raised $100 million in its series D round of funding. In the process, the venture has been valued by investors at over $1 billion, making it the latest fintech unicorn in India. This investment round was co...

Itilite Technologies Pvt. Ltd, a software-as-a-service company focussed on business travel, has raised $13 million (Rs 99.45 crore at current exchange rates) in a Series B funding round. — VCCircle Rajaram Legal advised Itilite Technologies Private Limited and Matrix Partners India led by a team of ...

MoEngage, an intelligent customer analytics and cross-channel engagement platform, has raised $25 million in Series C funding. The funding was led by Eight Roads Ventures with participation from its US-based sister fund, F-Prime Capital, along with Matrix Partners India and Ventureast. — Hindu Busin...

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...

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...

US-international firm Goodwin Procter Hong Kong-based private equity partner Abhishek Krishnan, who is a 2009 NLSIU Bangalore graduate and had joined the firm in 2015, was promoted to partnership at the US firm last month as part of a group of 33 new global partners.

Social commerce startup Meesho has raised $125 million, led by South African media and internet group Naspers, with participation from US technology company Facebook and existing investors SAIF Partners, Sequoia Capital, Shunwei Capital, RPS and Venture Highway. Former Vodafone Group CEO Arun Sarin ...

Fintech firm Cred has raised $120 million (Rs 862 crore) in a new funding round, founder Kunal Shah tweeted… according to filings with the Ministry of Corporate Affairs, Cred has raised Rs 730.02 crore from a clutch of investors in its Series B funding round. Ribbit Capital, a fintech-focused global...

Student housing startup Stanza Living has raised an undisclosed amount as a part of its ongoing Series C round, led by Falcon Edge Capital. However, sources close to YourStory said that the investment raised as a part of this round is close to $50 million. — Yourstory Ikigai Law advised Stanza Livin...

A91 Partners, a venture capital firm floated by three former Sequoia executives, Gautam Mago, VT Bharadwaj and Abhay Pandey has held its first and only closing earlier this week. The fund raised approximately $350 million from a large number of investors, which includes development finance instituti...

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...

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...

Teva Pharmaceutical Industries has announced that Teva and the Procter & Gamble Company [NYSE: PG] have agreed to terminate the PGT Healthcare partnership that the two companies established in 2011 to market OTC (Over The Counter) medicines. The separation is planned to take effect July 1, 2018...

MSD, an artificial intelligence-based company incorporated under the US laws, represented by its Founders, Ashwini Asokan and Anand Chandrasekhar, has raised Series B round of investment from its lead investor, Falcon Edge and its existing investors, Sequoia Capital Investments and Global Brains, ac...

At least seven law firms advised on the giant deal. “With the shared mobility concept gaining traction in India and other markets, South Korean automobile manufacturer Hyundai Motor Group on Tuesday announced an investment of $300 million in India’s biggest cab aggregator Ola Cabs, as part of a stra...