Mahindra Partners, the investment arm of automobiles-to-information technology conglomerate Mahindra Group, has invested Rs 206.5 crore in specialty eye care chain Centre for Sight, with the transaction also giving Matrix Partners a complete exit from its decade-long investment in the company. — The...

In February of this year, preceding the March $300m buy-in from Hyundai and Kia , Ola subsidiary Ola Electric Mobility raised $14m from investors including Matrix Partners India, Tiger Global; and Sarin Family India, according to reports . Khaitan & Co advised Ola Electric Mobility Private Limi...

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...

“Zoomtail raises seed capital led by Matrix Partners India - ETtech: The round also saw participation from V1 Capital, Kunal Shah, Anshuman Bapna and Shamik Sharma,” reported The Economic Times . Sahai & Co advised ZoomTail Technologies India Private Limited led by a team of partner Savyasachi ...

Rajaram Legal, which was converted into a law firm in 2017 by former Unilazer general counsel Archana Rajaram, has promoted Bangalore-based principal associate Prasad Subramanyan to partner.

“Japan’s Nichirei Corp leads Series D investment in meat ordering platform Licious: Delightful Gourmet Pvt Ltd, the Bengaluru-based startup that owns online meat and fish ordering platform Licious, has raised $25m,” reported VCCircle . In October 2018, Licious had also raised $25m in its Series C, b...

“SME Lender Five Star Business Finance Raises $100M Led by TPG: Five Star Business Finance Limited, a Chennai-based registered non-banking finance company, has raised $100 million led by private equity firm TPG,” reported Inventiva.

Delightful Gourmet, which operates Licious, a food brand in the meat and seafood category, has raised $25m of Series C funding from German media conglomerate’s investment arm Bertelsmann India Investments and Vertex Ventures Southeast Asia and India, along with UCLA and existing investors Mayfield I...

Milk and grocery delivery startup DailyNinja has raised an estimated 20 crores (around $2.7m) in a Series A round of funding from Matrix Partners India, with participation from existing investors Sequoia India and Saama Capital. reported The Economic Times . The current investment comes a few months...

Hostel and paying guest accommodation startup, Stanza Living has raised an estimated Rs 73 crores (around $10m) in a Series A round of funding led by Sequoia Capital, along with participation from existing investors Matrix Partners and California-headquartered Accel Partners, as reported by VC Circl...

Online lender Kissht has raised a Series C round of $30m from Singapore’s Vertex Ventures and Russia’s Sistema Asia Fund, as well as from existing investors Fosun RZ Capital, Ventureast and Endiya Partners, reported Mint . Rajaram Legal acted for Kissht led by principal associate Prasad Subramanyan ...

Colgate-Palmolive, via its Hong Kong arm, has made its first India venture capital (VC) investment, with an Rs 18 crore ($2.6m) buy of 14% in men’s grooming firm Bombay Shaving Company, reported the Economic Times . Rajaram Legal advised Bombay Shaving Company led by managing partner Archana Rajaram...

Cab hailing major Ola has acquired Mumbai based ticketing and commuting app, Ridlr for an estimated Rs 163 crores (around $25m) as a move to digitize public transportation, reported The Economic Times . This would also mark as the second major acquisition by Ola, after the buy of Foodpanda for an ap...

Chennai-based financial technology startup, Kaleidofin, has raised Rs 18 crores ($2.8m) in a seed funding round led by impact investing firm Omidyar Network, along with participation from Blume Ventures and Israeli serial entrepreneur and investor Professor Shlomo Ben-Haim, as reported by MoneyContr...

Mumbai-based mid-market PE firm Gaja Capital has raised INR 85 crores (USD 13 million) in design-led lifestyle venture Chumbak Design in an investment round by subscribing to securities of Chumbak constituting 28.36%, as reported by The Economic Times and VC Circle . Along with Gaja, the round also ...

Online lending startup Ziploan, operated by Delhi-based Blue Jay Finlease, has raised Rs 20 crores (around $3m) in a funding round led by Matrix Partners India along with existing investors Whiteboard Capital, Waterbridge Ventures, Capital 18 Managing Director Sarabvir Singh & GrowX Projects as reported by VC Circle and The Economic Times.

Online insurance selling platform Policybazaar, which is operated by ETechAces Marketing and Consulting, has raised Rs 515 crore ($79 million) in a Series E funding round, as reported by VC Circle.

Rajaram Legal advised and acted for Lenskart Solutions and was led by Mumbai-based founding partner Archana Rajaram and senior associate Prasad Subramanyan.

“Budget-hotel tech company Treebo has raised Series C funding of $34 million led by Hong-Kong based investment firms Ward Ferry Management and Karst Peak Capital. Existing investors SAIF Partners, Bertelsmann India Investments and Matrix Partners also participated in the round,” reported Your Story.

“Non-banking finance company Five Star Business Finance has raised Rs 333 crores (about $50 million) in its Series C round led by Norwest Venture Partners and Sequoia Capital. Existing investors including a fund managed by Morgan Stanley Private Equity Asia and Matrix Partners also participated in the round. The round saw Five Star raising Rs 318 crores through primary infusion with about Rs 15 crores coming in via a secondary sale of shares,” reported the Economic Times.