New age logistics and supply chain startup Delhivery has raised around $277 million, or over Rs 2,000 crore in a new funding round led by US-based Fidelity with Singapore’s sovereign wealth fund GIC also participating, latest regulatory filings accessed by ET showed. — The Economic Times Samvad Part...

FarEye, an end-to-end, global delivery management platform, on Tuesday announced that it has raised $100 million in Series E round led by TCV and Dragoneer Investment Group. Existing investors including Eight Roads Ventures, Fundamentum, and Honeywell also participated in the round. YourStory As per...

Mumbai-based B2B packaging marketplace Bizongo is raising INR 68.35 Cr from several investors, including Accel India, IDG Ventures and International Finance Corporation. All three are existing investors in Bizongo. Inc42 Samvad Partners advised Smartpaddle Technology Private Limited , operating as B...

GenWorks, a health-tech startup spun off by General Electric’s (GE’s) healthcare arm Wipro GE Healthcare has raised Rs 65 crore from PE firm Somerset Indus Capital Partners for a 30% stake. — The Times of India Samvad Partners advised Genworks Health Private Limited on all aspects of the transaction...

Samsung Venture has made investments in a system apps company OSLabs (Indus OS), speech technology startup Gnani.ai, IoT solutions provider Silvan Innovation Labs and an early-stage computer vision startup, whose name it did not disclose. — Mint Samvad Partners advised Samsung Ventures led by a team...

Spice Route Legal team advised Berlin based global venture capital fund, Foundamental GmbH in its investment of USD 2 million into fleet management solutions company, LococNav, as reflected by Foundamental on its site. Spice Route Legal advised Foundamental GmbH led by a team of Mathew Chacko, Aadya...

“Pre-owned cars platform Spinny … said it has raised $65 million (Rs 481.7 crore) as part of its Series C round from new and existing investors.”, reported Techcircle Samvad Partners advised the existing investors The Fundamentum Partnership Fund I led by a team of partner Junaira Rahman , partner A...

Samvad Partners has hired Savani Gupte as a partner in Mumbai’s disputes team from Khaitan & Co, where she had been a principal associate.

Business-to-business (B2B) manufacturing platform Zetwerk has raised $120 million (Rs 880 crore) in a Series D funding round led by US-based Greenoaks Capital and Lightspeed Venture Partners. The fundraising, which saw participation of Sequoia Capital and Kae Capital, values the company at around $6...

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...

PE-backed GenWorks acquires in-vitro unit of Mumbai-based healthcare firm

— VCCircle

Samvad Partners advised Genworks Health Private Limited led by a team of partner Siddharth Seshan, senior associate Surabhi Rao, and associate Vaagisha.

2020-12-24

Deal value: Confidential

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Scripbox, a digital personal wealth management platform, has acquired a controlling stake in Mitraz Financial, a ten-year-old SEBI-registered investment advisor providing personalised financial advisory services to high net worth individuals (HNIs) and ​ultra high net worth individuals​ (UHNIs). — H...

Business-to-business (B2B) manufacturing platform Zetwerk has raised $21 million ( ₹160 crore) as part of its Series C round, led by existing investor US-based Greenoaks Capital. Existing investors including Accel, Kae Capital, Lightspeed and Sequoia India also participated in this round. — Mint Sam...

Amishi Consumer Technologies, the parent company that operates mother and baby care brand The Moms Co, has raised $8 million (Rs 58.4 crore at current exchange rates) in a Series B round of funding led by its existing investors Saama Capital and DSG Consumer Partners. — Techcircle Samvad Partners ad...

Samvād Partners has promoted Bangalore-based counsel Anisha Shroff and Siddharth Seshan to partner.

Agritech startup Intello Labs has raised $5.9 million in Series A round led by early stage investor Saama Capital, along with global agritech funds GROW (Singapore) and SVG Ventures THRIVE (US). Existing investors Omnivore and Nexus Venture Partners also participated in this round. — Mint Samvad Par...

Zetwerk, a platform for customised products for industrial use, has raised $32 million (Rs 225 crore) in Series-B funding from venture capital firms Lightspeed and Greenoaks Capital to fuel its expansion plans. The funding round also saw participation from Zetwerk’s existing investors Sequoia India,...

NoBroker Technologies Solutions has raised an additional $30 million (about Rs 231 crore) from existing investor General Atlantic (GA), the online real estate search platform said in its filings with the Registrar of Companies. — The Economic Times Bharucha & Partners advised General Atlantic l...

Mintoak, a Mumbai based merchant payments solutions company, set up by former top officials of Visa, has raised close to Rs 15 crore in a pre-Series A round of fund raise led by Pravega Ventures. The Mintoak platform offers a single view across all forms of payments to provide reconciled statements ...

Inventus Capital Partners Fund II made a secondary sale of shares in Etechaces Marketing and Consulting Private Limited to Softbank fund SVF Python II (Cayman) Limited. Early-stage technology-focused fund Inventus Capital Partners recorded cash exits worth Rs 230 crore from three portfolio companies...