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Simple Energy raises $10 mn from existing investors to boost retail expansion

New Delhi, Sept. 25 -- Bengaluru-based electric two-wheeler firm Simple Energy has raised $10 million (around Rs 88.6 crore) in an all-equity round led by existing investor Arokiaswamy Velumani, found... Read More


Former Titan Capital exec Bipin Shah's ZeroPearl VC closes debut fund

New Delhi, Sept. 25 -- ZeroPearl VC, a micro venture capital firm set up by veteran investor Bipin Shah, has closed its debut fund at about Rs 159 crore ($18 million). The fund's limited partners inc... Read More


Swiggy selling Rapido stake to Prosus, WestBridge; to hive off Instamart

New Delhi, Sept. 24 -- Bengaluru-headquartered food and grocery delivery company Swiggy Ltd has agreed to sell its entire stake in Rapido to Dutch technology investor Prosus and Indian private equity ... Read More


Gullak, Oolka, Amwoodo, others net funding

New Delhi, Sept. 24 -- Gold purchase app Gullak, credit management platform Oolka, sustainable materials startup Amwoodo, handcrafted products startup P-TAL, and battery management platform Xbattery h... Read More


Poly Medicure inks second European M&A deal in a month

New Delhi, Sept. 24 -- Poly Medicure Ltd has acquired an Italy-based medical device maker, marking its second European acquisition in weeks as it expands into the orthopaedics market in the region. T... Read More


India-focused Duro Capital marks first close of maiden public markets fund

New Delhi, Sept. 24 -- The Singapore-headquartered, India-focused investment management firm Duro Capital has secured the first close of its maiden category-III alternative investment fund, the Duro O... Read More


QSR chain Wow! Momo bags investment from 360 ONE

New Delhi, Sept. 24 -- Quick-service restaurant chain Wow! Momo, which is backed by New York-based Tiger Global and Malaysian sovereign wealth fund Khazanah Nasional Berhad, has bagged an investment f... Read More


Enam Holdings-backed Pernia's Pop-Up Shop's parent files draft papers for IPO

New Delhi, Sept. 24 -- Purple Style Labs, which is backed by investors including SageOne Investments, S 4 Four Capital and multiple family offices, has filed its preliminary papers for an initial publ... Read More


Neev Fund-backed Chakr Innovation raises Series C funding

New Delhi, Sept. 23 -- Clean-tech startup Chakr Innovation, which counts SBICap Ventures-backed Neev Fund II among its investors, has raised $23 million (around Rs 200 crore) in its Series C funding r... Read More


Kedaara Capital invests in life-sciences software firm Axtria

New Delhi, Sept. 23 -- Indian private equity firm Kedaara Capital, which is currently deploying from its $1.73 billion fourth fund, has invested $240 million (Rs 2,131 crore) in Axtria, a life science... Read More