Delhi-based fleet management startup BT TechLabs, the parent company of LocoNav, has raised $4 Mn (INR 28 Cr) in a Series B round of funding. According to the Ministry of Corporate Affairs filings, the investment has come in from the company’s existing investor Sequoia Capital in two tranches from J...

Foodpanda, the online food ordering and delivery startup owned by Ola, has acquired Mumbai-based, food-tech startup Holachef Hospitality Pvt. Ltd for an undisclosed sum, the company said in a statement … Mint had on 2 August reported that Foodpanda was in advanced talks to buy Holachef, which had sh...

Mumbai-based online marketplace for pre-owned cars Truebil has raised a fresh investment of Rs 100 core ($14 million at current exchange rates) in a mix of equity and debt, a company statement said. — VCCircle Samvad Partners advised Paix Technology Private Limited ( Truebil ) led by a team of partn...

Private equity fund Zephyr Peacock India Growth Fund has led a ₹55 crore funding round in Shiksha Finance, a Chennai-based education finance company, said a senior executive. — Mint Samvad Partners advised Shiksha Financial Services India Private Limited led by a team of partner Natasha Mahajan ; as...

Business-to-business platform for custom manufacturing – Zetwerk – has raised $9 million in a Series A round from Accel Partners while existing investors Sequoia Capital and Kae Capital also participated. — Entrackr Samvad Partners advised Zetwerk Manufacturing Businesses Private Limited led by a te...

Women-centric social network Healofy on Wednesday said it has raised $8 million (about Rs 55 crore) from China’s maternity and child-focused community platform BabyTree Group, BAce Capital, a fund anchored by Ant Financial Services Group, and existing investor Omidyar Network India. — Hindu Business...

Search giant Google has acquired Sigmoid Labs Pvt Ltd, a Bengaluru-based startup that owns travel app Where Is My Train, the companies said on Monday. The terms of the deal have not been disclosed. — VCCircle Samvad Partners advised Sigmoid Labs Private Limited and its founders led by a team of part...

Mobile marketing company Affle (India) has acquired Bengaluru-based Vizury Interactive Solutions’ commerce business and brand in an all-cash deal, the company said in a statement. Affle (India), which had earlier filed papers for an Initial Public Offering (IPO), did not disclose the financials of t...

Worxogo, an enterprise start-up, has raised ₹16.5 crore in Series A funding from Inventus India and Ideaspring Capital. The company will use the funds primarily to scale its Artificial Intelligence (AI) engine Mia and enter the global markets. — Hindu Business Line Samvad Partners advised Inventus I...

Healofy, a pregnancy-parenting social network, has raised $1 million (Rs 6.4 crore) in seed funding from impact investor Omidyar Network, a company statement said. — VCCircle Samvad Partners advised Omidyar Networks led by a team of partner Neela Badami ; and associate Surabhi Rao . 2018-03-05 Deal ...

Bengaluru-based fintech startup Open Financial Technologies has raised an undisclosed amount of pre-series A funding led by Unicorn India Ventures and Recruit Co. Ltd, through its investment subsidiary RSP India Fund LLC. — Inc42 Samvad Partners advised Open Financial Technologies Private Limited le...

Samvad Partners advised RVCF India Growth Fund – RVCF Trust – III led by a team of partner Nivedita Nivargi; senior associate Samyuktha Damojipurapu; and associate Surabhi Rao.

Online furniture seller Wooden Street has raised $1 million in its Series A funding round from Rajasthan Venture Capital Funds (RVCF). The funding was supervised by Growth India Fund. reported Entrackr . Samvad Partners advised RVCF India Growth Fund – RVCF Trust - III led by a team of partner Nived...

“Sealing its debut investment, growth-capital firm The Fundamentum Partnership has poured $12 million (Rs 78 crore) in holiday-packages marketplace TravelTriangle. The investment company, which led the Series C investment round in the firm, was floated by Infosys co-founder Nandan Nilekani and Helio...

“Samunnati Financial Intermediation and Services Pvt. Ltd, a non-banking financial services company (NBFC) focusing on loans to farmers and entities engaged in agriculture, on Tuesday said it raised Rs150 crore in a round led by responsAbility Investments AG, with participation from existing investo...

“An NBFC focused on two-wheeler financing Wheels, EMI Private Limited … announced that it has raised Rs. 100 cr in Series B funding,” reported The Economic Times . Samvad Partners advised WheelsEMI Private Limited led by a team of partner Vineetha MG ; partner Aparna Ravi ; partner Neela Badami ; se...

“Apollo Hospitals Enterprise Ltd has acquired a 50 per cent stake in Medics International Lifesciences Ltd, a 330-bed super-speciality hospital in Lucknow, for ₹91 crore,” reported Hindu Business Line . Samvad Partners advised Medics International Life Sciences Limited led by a team of partner Vinee...

“Mumbai-based FMCG startup QwikPik Technology, which owns and operates YumLane, has raised $4 Mn in a Series A round of funding led by Singapore-based family office RB Investments,” reported Inc42 . Samvad Partners advised Qwikpik Technologies Private Limited , which owns Qwikpik , and RB Investment...

“Private sector lender ICICI Bank has acquired a 9.9 per cent stake in fintech firm Arthashastra Fintech Private Limited for a cash consideration of ₹8.27 crore,” reported Hindu Business Line . “Private sector lender ICICI Bank has acquired a 9.9 percent stake in fintech firm Arthashastra Fintech Pr...

“Early-stage investor Inventus Capital Partners, which backs Indian and US startups, has placed a bet on Bengaluru-based AptEner Mechatronics Pvt. Ltd, which makes and sells motorcycle riding and safety gear under the brand name BluArmor,” reported VCCircle . Mani Chengappa & Mathur advised Apt...