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Nexus Venture Partners closes eighth fund at $700 mn

New Delhi, Dec. 4 -- Nexus Venture Partners, a venture capital firm that invests in early- and growth-stage startups in India and the US, has closed its eight fund at $700 million (Rs 6,290 crore), ke... Read More


Moglix arm Credlix acquires majority stake in Vanik Finance

New Delhi, Dec. 4 -- Credlix, the supply chain financing platform of business-to-business e-commerce unicorn Moglix, said Thursday it has bought a majority stake in non-bank lender Vanik Finance. The... Read More


Ultraviolette raises $45 mn in latest round from Zoho and Lingotto

New Delhi, Dec. 4 -- Electric vehicle maker Ultraviolette has raised $45 million (Rs 404 crore) as part of its ongoing Series E round from domestic software company Zoho Corporation and European inves... Read More


WestBridge Capital leads $40 mn bet on AI communication platform Yoodli

New Delhi, Dec. 3 -- Homegrown private equity firm WestBridge Capital has led a $40 million (Rs 360 crore) Series B funding round in AI-powered communication platform Yoodli. Menlo Park-based early-s... Read More


Mamaearth, boAt backer Fireside closes fourth VC fund at $253 mn

New Delhi, Dec. 2 -- Venture capital firm Fireside Ventures, which makes early-stage consumer bets, has closed its fourth fund after collecting Rs 2,265 crore ($253 million) from its limited partners ... Read More


Prosus stepping up India strategy as PayU turns profitable, says CEO

New Delhi, Nov. 25 -- Dutch investment group Prosus, which makes technology-focused investments across India, Latin America and Europe, is doubling down on its 'ecosystem' play in India, as its fintec... Read More


Accel teams up with Google to back India's early-stage AI startups

New Delhi, Nov. 25 -- Global venture capital firm Accel has joined hands with Google's AI Futures Fund to launch the Atoms AI Cohort 2026, a platform to support pre-seed and seed-stage startups in Ind... Read More


Wealth-tech platform Wealthy.in secures $14.5 mn Series B funding

New Delhi, Nov. 24 -- Wealthy.in, a wealth-tech platform for mutual fund distributors and wealth management professionals, has raised Rs 130 crore ($14.5 million) in a Series B round led by Bertelsman... Read More


FAE Beauty, Ravity Software snag early-stage capital

New Delhi, Nov. 21 -- Beauty brand FAE Beauty and mobility-focused startup Ravity Software have secured early-stage funding, the companies said. FAE Beauty FAE Beauty has secured $2 million (Rs 17.9... Read More


Agraga, Stylework, Pibit.AI, CtrlB, Thimblerr raise fresh funding

New Delhi, Nov. 20 -- Digital freight forwarder Agraga, managed workspace aggregator Stylework, insurtech company Pibit.AI, data platform CtrlB, and fashion supply-chain platform Thimblerr have raised... Read More