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Exclusive: Jewellery Startup Melorra Bags $10 Mn Debt Funding From Ace Investor Kalpraj Dharamshi, Others

India, Oct. 11 -- Indian fine jewellery D2C brand Melorra is raising INR 79 Cr (approx $10.2 Mn) in a debt funding round. The startup is raising the investment from a clutch of ten investors. Accordi... Read More


Exclusive: Servify To Raise $100 Mn In Series D From New And Existing Investors

India, Oct. 11 -- Mumbai-based Servify is in talks to raise $100 Mn in a Series D funding round, according to a source privy to the development. The round is expected to close in the next couple of we... Read More


Fosun Gets 6X Return After Selling Majority Stake In ixigo To GIC & Invesco

India, Oct. 8 -- IPO-bound online ticketing platform ixigo which is awaiting SEBI's approval to get it listed on the domestic stock exchange witnessed Fosun International sell large chunk of its stake... Read More


Fosun Gets 6X Return After Selling Majority Of Its Stake In ixigo To GIC & Invesco

India, Oct. 8 -- IPO-bound online ticketing platform ixigo which is awaiting SEBI's approval to get it listed on the domestic stock exchange witnessed Fosun International sell large chunk of its stake... Read More


Healthtech Startup HealthifyMe Appears On Pandora Papers; Company Denies

India, Oct. 7 -- Indian healthtech startup HealthifyMe has appeared in the Pandora Papers, an 11.9 Mn leaked file which reveals the hidden wealth of famous people across the world. HealthifyMe's Sing... Read More


Exclusive: Ahead Of IPO Delhivery Converts Into Public Company

India, Oct. 6 -- Ahead of its initial public offering (IPO), logistics unicorn Delhivery's shareholders have approved the conversion of the startup into a public company. As per the regulatory filing... Read More


Exclusive: D2C Fresh Produce Delivery Startup Fraazo To Raise $28 Mn From WestBridge, Sixth Sense

India, Oct. 6 -- Direct-to-consumer (D2C) fresh food startup Fraazo is raising INR 210.9 Cr (approx $28.2 Mn) in a fresh round of funding. As per the company's filings accessed by Inc42, the startup ... Read More


Exclusive: Veritas Finance To Raise INR 440 Cr From Norwest Ventures, Kedaara Capital

India, Oct. 6 -- Chennai-based NBFC Veritas Finance is raising INR 440 Cr ( ~58.9 Mn) in a fresh round of funding. As per the regulatory filings accessed by Inc42, the startup will be issuing 1,33,34,... Read More


Exclusive: IPO-Bound Paytm's Employees Convert ESOPs Worth Around INR 346.9 Cr To Shares

India, Oct. 5 -- IPO-bound One97 Communications which operates digital payments platform Paytm has allotted a total of 18,49,191 equity shares to its 120 employees upon ESOP conversion. As per the re... Read More


IPO-Bound PharmEasy To Rope In New Investors For Its $300 Mn Pre-IPO Round: Report

India, Oct. 5 -- IPO-bound PharmEasy which is set to file its draft red herring prospectus in this month is likely to bring in a new set of investors such as Steadview Capital, IIFL and a US-hedge fun... Read More