VCCircle - Latest Indian Financial & Startup Funding News | Real …
'Business News:VCCircle is India leading source Latest Indian Financial News,Startup Funding,Real Estate,Funding news,Healthcare ata and analysis on alternative investments covering deals, exits, M&As, investors, investments, entrepreneurship, management and …
Latest Indian Financial & Startup Funding News - VCCircle
'Business News:VCCircle is India leading source Latest Indian Financial News,Startup Funding,Real Estate,Funding news,Healthcare ata and analysis on alternative investments covering deals, exits, M&As, investors, investments, entrepreneurship, management and …
Matrix Labs founder Nimmagadda Prasad's firm buys Viatris
Oct 3, 2023 · Viatris on Monday said it sold the Indian active pharmaceutical ingredients (API) business to IQuest Enterprises, a local pharma firm owned by Matrix Laboratories founder Nimmagadda Prasad. The deal marks Prasad’s re-entry into the API business that he sold to Mylan in 2006. Viatris also sold its women’s healthcare business to Insud Pharma ...
Agritech startup Kisankonnect secures pre-Series A funding
Jan 15, 2024 · Kisankonnect Safe Food Pvt Ltd, which operates agritech startup Kisankonnect, has raised around Rs 31 crore ($3.75 million) in a pre-Series A funding round led by climate-focused investment firm Green Frontier Capital. The round also saw participation from crop protection company Dhanuka Agritech Ltd, VC Grid and undisclosed family offices.
Amazon buys Accel-backed social commerce startup GlowRoad
22 Apr 2022. Credit: Reuters. E-commerce giant Amazon has acquired social commerce platform GlowRoad, which is backed by venture capital firms such as Accel and Vertex Ventures, a person familiar with the development told VCCircle. The transaction involves an all cash deal and has paved the way for the exit of the investors, the person said ...
Ixigo acquires Confirmtkt, opens exit door for Venture ... - VCCircle
Feb 4, 2021 · Ixigo, an artificial intelligence-based travel platform, has entered into an agreement to fully acquire train discovery and booking entity Confirmtkt, it said on Thursday. The buy will take place through a mix of cash and ixigo stock. However, the two companies did not disclose the financial details of the acquisition.
Aavishkaar Group's MSME lender Ashv Finance bags $10 mn in
By K Amoghavarsha. 06 Dec 2023. Nikesh Sinha, managing director, Ashv Finance. Non-banking lender Ashv Finance (erstwhile Jain Sons Finlease) has raised $10 million in a Series E round, from New York-based private equity firm Encourage Capital. According to a company statement, the capital will be used for expansion across the country.
Cred raises Series C funding; buys back ESOPs worth $1.2 mn
Jan 4, 2021 · The investment was made at a post-money valuation of $806 million (Rs 5,884 crore). According to data from research platform VCCEdge, the fresh capital takes Cred ’s overall funding to $230 million. Advertisement. Mumbai-based Cred last raised funds in August 2019 when it secured $101 million led by Ribbit Capital and Gemini Investments.
Recykal raises $22 mn led by funds managed by Morgan Stanley
Jan 11, 2022 · Credit: Pexels. Waste management and recycling startup Recykal has raised $22 million (around Rs 165 crore) in funding by investment funds managed by Morgan Stanley India, the company said on Tuesday. Existing investors Circulate Capital, Vellayan Subbiah, and Arun Venkatachalam of the Murugappa Family also took part in the round.
Multiple PE leads $111 mn bet on lender Kogta Financial
Mar 31, 2022 · Credit: 123RF.com. Non-bank lender Kogta Financial (India) Ltd has raised $111 million (Rs 846 crore) as a part of its Series D funding led by homegrown private equity fund Multiples Alternate Asset Management. The Canada Pension Plan Investment Board (CPPIB) also joined the round as new investor. Existing backers Morgan Stanley Private Equity ...