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Home Diagnostics Startup Inito Bags $29 Mn From BII, Fireside Ventures

India, Dec. 11 -- Healthtech startup Inito has raised $29 Mn (INR 261.9 Cr) in a Series B funding round co-led by Bertelsmann India Investments (BII) and existing investor Fireside Ventures. With thi... Read More


Faad Capital Cofounder's BYT Capital Launches INR 180 Cr Maiden Deeptech Fund

India, Dec. 11 -- Bengaluru-based VC firm BYT Capital has launched its maiden deeptech fund with a corpus of INR 180 Cr (about $20 Mn). The Category II AIF aims to back 18-20 startups with an average... Read More


Uber Partners ONDC To Foray Into B2B Logistics

India, Dec. 11 -- Ride-hailing giant Uber has tapped into the state-backed Open Network for Digital Commerce (ONDC) to foray into the B2B logistics segment. Under the new offering, Uber will offer on... Read More


Dr. Paws Nets INR 29 Cr To Open New Veterinary Clinics

India, Dec. 11 -- Veterinary clinic chain Dr. Paws has raised INR 29.3 Cr ($3.3 Mn), in a mix of debt and equity, in its Pre-Series A round led by Chiratae Ventures. The round also saw participation ... Read More


Jio Financial Services Pumps INR 230 Cr In Two JVs

India, Dec. 10 -- Jio Financial Services (JFS) and global asset manager BlackRock have invested INR 230 Cr each into their two joint ventures to deepen their presence in the booming digital-first weal... Read More


Aequs IPO: Shares List At 13% Premium

India, Dec. 10 -- Contract manufacturing company Aequs made a strong debut on the bourses, with its shares getting listed at INR 140 apiece on the BSE and the NSE, a premium of 12.9% to the issue pric... Read More


US Court Scraps $1 Bn Damages Order Against Byju Raveendran

India, Dec. 10 -- In a perhaps long-awaited sigh of relief, US' Delaware court has reversed its earlier default ruling judgement directing BYJU'S founder Byju Raveendran to pay over $1 Bn in damages, ... Read More


Meesho Makes Bumper Debut On Bourses, Lists At 46% Premium

India, Dec. 10 -- Ecommerce unicorn Meesho made a bumper debut on the stock exchanges, listing 46.4% above the issue price at INR 162.50 apiece on the NSE. On the BSE, the stock got listed at INR 161... Read More


[Update] Wakefit IPO Closes With 2.5X Oversubscription

India, Dec. 10 -- Update | December 10, 20:00 IST D2C mattress and furniture startup Wakefit's IPO closed with an oversubscription of 2.5X. The public issue received bids for 9.16 Cr shares against 3... Read More


Transition VC Closes Maiden Fund At INR 700 Cr

India, Dec. 10 -- Energy transition-focussed venture capital (VC) firm Transition VC has closed its maiden fund at INR 700 Cr over two years after its launch. The SEBI category-II fund would focus on ... Read More