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Zaggle to buy VC-backed spend management platform Dice Enterprises

New Delhi, June 5 -- Software-as-a-services firm Zaggle Prepaid Ocean Services Ltd said Thursday it has agreed to acquire spend management startup Dice Enterprises for Rs 123 crore ($14.3 million). "... Read More


Stride Green, Khari Foods, two others raise early-stage funding

New Delhi, June 5 -- Climate-tech financing platform Stride Green, snacks brand Khari Foods, travel platform The Tarzan Way, and drone maker AVPL have secured funding from venture capital firms and an... Read More


Digital lending startup LoanTap raises pre-Series C round

New Delhi, June 5 -- Digital lending startup LoanTap, backed by venture capital firms like 3one4 Capital, India Quotient, and Avaana Capital, has raised Rs 54 crore ($6.2 million) in equity in its pre... Read More


Women's wellness brand Plush raises Series B from Blume, ex-PremjiInvest exec

New Delhi, June 5 -- Plush, a women's wellness brand, has secured Rs 40 crore ($4.7 million) in a Series B round of funding, as it scales its offline presence and expands its personal care offerings. ... Read More


Valar Ventures-backed wealth platform Syfe raises $80 mn in Series C funding

New Delhi, June 5 -- Investment platform Syfe, which last year secured funding from existing investors, has raised $80 million (Rs 685 crore) in a Series C funding round led by two British family offi... Read More


PE-owned Sekhmet Pharma gets former Lupin, Shilpa Medicare exec as new CEO

New Delhi, June 4 -- A private equity consortium led by PAG, an Asia-focused investment firm, has announced the appointment of Santosh Kumar Mahil as managing director and CEO of Sekhmet Pharmaventure... Read More


After exiting logistics firm, Flipkart checks out of Aditya Birla Fashion

New Delhi, June 4 -- Walmart-owned ecommerce giant Flipkart sold its stake in Aditya Birla Fashion and Retail Ltd (ABFRL) on Wednesday, a day after exiting a logistics company that it backed a decade ... Read More


Jewellery startup True Diamond secures $3-mn in early-stage funding

New Delhi, June 4 -- Lab-grown diamond jewellery brand True Diamond said on Wednesday that it has secured Rs 26 crore ($3 million) in a pre-Series A funding round led by venture capital firm India Quo... Read More


Bessemer Venture Partners appoints former Cisco Investment exec as partner

New Delhi, June 4 -- Silicon Valley-based venture capital firm Bessemer Venture Partners, which closed its second India-focused fund in March, said on Wednesday that it has named a former executive at... Read More


GyanDhan, Gully Labs, ServeClub raise early-stage funding

New Delhi, June 3 -- Education financing platform GyanDhan, sneaker brand Gully Labs and pickleball gear maker ServeClub have secured funding in separate early-stage rounds, the companies said on Tues... Read More