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B2B marketplace ProcMart raises $30 million Series B money

Bengaluru, April 15 -- Noida-based business-to-business marketplace ProcMart has raised $30 million in a Series B round led by Fundamentum Partnership, a venture capital firm co-founded by Nandan Nile... Read More


ShareChat snags $49 mn from Temasek, others to step up monetisation plans

New Delhi, April 15 -- Google-backed short video platform ShareChat said Monday said it has $49 million (about Rs 409 crore) by issuing convertible debentures to some of its existing investors. Light... Read More


Byju's India CEO steps down as founder Raveendran takes hands-on role in rejig

New Delhi, April 15 -- Beleaguered edtech company Byju's India CEO Arjun Mohan has stepped down, ten months after moving to the company from rival upGrad. Founder Byju Raveendran will take over Mohan'... Read More


Lightbox-backed Zeno Health buys online pharmacy startup

New Delhi, April 4 -- Lightbox-backed Zeno Health, which raised $25 million (R 2085 crore) in Series C round led by South Korean private equity firm STIC Investments last month, has acquired online ph... Read More


Venture Catalysts' accelerator platform 9Unicorns onboards new partner

New Delhi, March 29 -- 9Unicorns, set up by incubator and accelerator Venture Catalysts, has appointed investor Vinod Keni as partner. As a part of his role, Keni will be responsible for developing t... Read More


Zerodha's Nikhil Kamath, Kalaari Capital, NABVENTURES make startup bets

New Delhi, March 26 -- Speciality coffee brand Subko, real estate management platform Aeria, logistics startup JustDeliveries, footwear company Kaarigar Mandi and crypto platform Nomoex Global have se... Read More


Blume, Chiratae LP Alphatron Capital raises $30 mn for debut fund

New Delhi, March 21 -- American investment firm Alphatron Capital, which primarily makes limited partner-style bets on venture capital firms in India, has closed its maiden fund after surpassing its i... Read More


Astarc Group's Naxnova acquires 74% stake in Belgium-based firm

Bengaluru, March 20 -- Astarc Group's flagship company Classic Stripes, which rebranded to Naxnova last month, has acquired Belgium-based maker of customised printed electronics Quad Industries, in a ... Read More


Nexus-backed wearable startup Ultrahuman secures $35 mn in equity, debt

New Delhi, March 20 -- Nexus-backed wearable technology startup Ultrahuman on Wednesday said it has secured $35 million (Rs 291 crore) in a mix of equity and debt in a fresh round of funding from its ... Read More


Former Cipla exec's biotech startup Engrail gets $157 mn from Norwest, others

New Delhi, March 19 -- Engrail Therapeutics, a biotech startup led by Vikram Sudarsan, former executive of Indian pharmaceutical major Cipla, has secured $157 million (Rs 1300 crore) in its Series B r... Read More