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Swiggy delivers for Prosus with 23% IRR, venture portfolio a mixed bag

Bengaluru, June 23 -- Dutch investment group Prosus' internal rate of return for Indian portfolio companies Swiggy and PayU India stood at 23% and 13%, respectively, in 2024-25. Prosus' venture inves... Read More


Nurix AI expects to hit $10 million in projected annual revenue by the first half of next year

Bengaluru, June 23 -- Agentic artificial intelligence startup Nurix AI expects to hit $10 million in annual recurring revenue (ARR) by the first half of next year, according to founder and chief execu... Read More


Japan's BeyondNext plans $50 million India fund to back deeptech, AI, semiconductor startups

New Delhi, June 20 -- Japanese venture capital firm BeyondNext Ventures, which focuses on deeptech and deep science startups, plans to raise a $50 million fund to back more Indian ventures, a top comp... Read More


Israeli startup Coralogix to invest bulk of $115 million fundraise in India

New Delhi, June 17 -- Israeli data analytics startup Coralogix will be deploying most of its fresh fundraise of $115 million in India as it looks to deepen its presence in the country, according to th... Read More


IFC invests $60 million in Motilal Oswal Alternates's $750 million fifth fund

New Delhi, June 16 -- The International Finance Corporation has invested $60 million in Motilal Oswal Alternates's fifth fund in a deal that will allow it to co-invest in the Indian private equity fir... Read More


IPO-bound Groww sees 3x jump in profit in FY25

New Delhi, June 12 -- Stock-broking app Groww has seen its profit jump more than threefold in FY25 to Rs.1,819 crore, people familiar with the matter said, as the investment platform prepares to launc... Read More