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PUBG Maker KRAFTON Floats INR 6,000 Cr India Fund

India, Dec. 19 -- With a vision of doubling down on investments in leading gaming and technology companies across Asia and particularly in India, South Korean gaming giant KRAFTON is set to launch a n... Read More


StockGro Raises $13 Mn To Fuel Geographic Expansion

India, Dec. 19 -- Investment advisory platform StockGro has raised $13 Mn (INR 117.3 Cr) in a Series B1 funding round from existing investor BITKRAFT Ventures. The fresh capital will be infused to en... Read More


Packaged Food Startup Alimento Agro Raises INR 52 Cr To Strengthen Distribution

India, Dec. 19 -- Mumbai-based packaged food startup Alimento Agro Foods has raised INR 52 Cr (about $5.8 Mn) in its Series A funding round from IvyCap Ventures. The startup plans to use the capital ... Read More


Speciale Invest To Launch INR 1,400 Cr Fund For Growth Stage Deeptech Startups

India, Dec. 18 -- VC firm Speciale Invest plans to launch a growth stage fund with a target corpus of INR 1,400 Cr ($155.3 Mn) to back deeptech startups. In a statement, the firm said it plans to rai... Read More


Meesho Hits 20% Upper Circuit Post UBS' Thumbs Up

India, Dec. 17 -- Ecommerce giant Meesho's shares continue to rally post a bumper listing last week. The SoftBank-backed company's shares were locked in its 20% upper circuit at INR 216.35 during intr... Read More


Japan's Mizuho Financial Group To Acquire 60% Stake In Avendus Capital

India, Dec. 17 -- Japan's Mizuho Securities is acquiring a majority stake of about 60% in Avendus Capital from US-based investment firm KKR with an eye on expanding its financial offerings in the Indi... Read More


D2C Haircare Brand Moxie Beauty Bags $15 Mn From Bessemer, Others

India, Dec. 16 -- D2C haircare brand Moxie Beauty has secured $15 Mn (about INR 136.2 Cr) in its Series A round led by Bessemer Venture Partners. The round also saw participation from Mokobara cofound... Read More


Kusha Kapila's D2C Innerwear Brand Underneat Raises $6 Mn

India, Dec. 16 -- Influencer Kusha Kapila's D2C innerwear brand Underneat has secured $6 Mn (about INR 54 Cr) in its pre-Series A funding round from existing investor Fireside Ventures. In a statemen... Read More


Shiprocket Files Updated DRHP For INR 2,342 Cr IPO

India, Dec. 13 -- Logistics unicorn Shiprocket has filed its updated draft red herring prospectus (UDRHP) with SEBI for INR 2,342.3 Cr IPO. The company's proposed public listing will comprise a fresh... Read More


Eternal-Backed Shiprocket Files Updated DRHP For INR 2,342 Cr IPO

India, Dec. 13 -- Logistics unicorn Shiprocket has filed its updated draft red herring prospectus (UDRHP) with SEBI for INR 2,342.3 Cr IPO. The company's proposed public listing will comprise a fresh... Read More