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Ribbit Capital extends India fintech harvest to over $650 mn

New Delhi, Aug. 31 -- Ribbit Capital, an American venture capital firm that invests mainly in financial technology and financial services companies, has sold more stake in an India portfolio company t... Read More


Y Combinator hitting a jackpot from decade-old India bet

New Delhi, Aug. 26 -- US-based startup accelerator Y Combinator (YC) has hit a jackpot from another one of its bets in India, less than ten days after it monetized its holding in discount broker Groww... Read More


SoftBank churning out blockbuster returns from Indian portfolio company

New Delhi, Aug. 25 -- SoftBank, the Japanese investment giant that makes technology-focused bets and has backed companies such as Meesho, Unacademy and Ola Electric in India through its Vision Fund, h... Read More


VC-backed electric bike company Matter raises Series C funding

New Delhi, Aug. 25 -- Matter Motor Works Pvt. Ltd, a mobility startup that sells geared electric motorcycles, said Tuesday it has secured $25 million (Rs 240 crore) from its existing investors as part... Read More


Temasek-backed InnoVen raising new healthcare-focussed fund, taps offshore LP

New Delhi, Aug. 24 -- InnoVen Capital, a venture debt firm backed by Singapore's state-owned investment company Temasek, is raising a new healthcare-focussed fund that will invest across India, Southe... Read More


CPPIB-backed CtrlS raises fresh capital from two new investors

New Delhi, Aug. 20 -- CtrlS Datacenters Ltd, one of the largest hyperscale data centre operators in India that counts Canada Pension Plan Investment Board as a key investor, has raised Rs 250 crore ($... Read More


IPO won't change how we run our business: Gaja Capital's Gopal Jain

New Delhi, Aug. 19 -- Homegrown private equity firm Gaja Capital, which backs mid-market Indian growth businesses, is aiming for a valuation of Rs 2,256 crore (nearly $236 million) for its parent enti... Read More


Carlyle's Africa spinoff Alterra set to buy Juven, BII-backed company

New Delhi, Aug. 19 -- Alterra Capital Partners, an Africa-focussed private equity firm that backs high-growth companies in the region, is set to make an investment through a vehicle it closed earlier ... Read More


Y Combinator's Groww harvest hits $440 mn as stock surge lifts gains

New Delhi, Aug. 19 -- US-based startup accelerator Y Combinator (YC) has sold more stake in fintech company Groww, taking advantage of a surge in the company's share price that helped it generate mult... Read More


Siguler Guff raises $500 mn for India-focussed investment strategy

New Delhi, Aug. 19 -- US-based private markets investment firm Siguler Guff & Company has closed its Global Emerging Markets Growth Opportunities Fund II (GEMGO II), securing $500 million (Rs 4,787 cr... Read More