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Bessemer Venture Partner leads edtech app Seekho's Series B

New Delhi, Sept. 3 -- Venture Capital firm Bessemer Venture Partners has led a $28 million (around Rs 246 crore) Series B funding round in edtech startup Seekho. Goodwater Capital and existing invest... Read More


Poly Medicure to buy Dutch cardiology devices maker PendraCare

New Delhi, Sept. 3 -- Medical devices maker Poly Medicure Ltd said Wednesday it will acquire a 90% stake in PendraCare Group, a Dutch company which provides cardiology catheter-based solutions. The M... Read More


PlatinumRx, WaterScience secure early-stage funding

New Delhi, Sept. 3 -- Online pharmacy PlatinumRx and water filtration maker WaterScience have raised funds in separate rounds from venture capital firms, the companies said on Wednesday. Meanwhile, e-... Read More


PremjiInvest, Gaja Capital, Accel, others team up to back Indian deep-tech startups

New Delhi, Sept. 3 -- At least eight venture capital and private equity firms from the US and India have teamed up to launch the India Deep Tech Investment Alliance (IDTA) to mobilise private capital ... Read More


Waaree Energies acquires transformer maker Kotsons in first post-IPO buy

New Delhi, Sept. 3 -- Solar panel maker Waaree Energies, backed by investors such as Baring PE, Norges, and ValueQuest, has announced the acquisition of Kotsons, a transformer manufacturer based in Al... Read More


PE-backed TBO Tek to acquire US luxury travel firm Classic Vacations

New Delhi, Sept. 3 -- Listed travel-tech company TBO Tek Ltd, which counts private equity firms General Atlantic and Affirma Capital amongst its investors, has agreed to buy US luxury travel company C... Read More


BizDateUp launches Pulse Fund I to back startups, SMEs, real estate

New Delhi, Sept. 2 -- BizDateUp, a startup ecosystem enabler, has launched Pulse Fund I, a Category II alternative investment fund (AIF), with a corpus of Rs 1,000 crore ($113 million). This includes ... Read More


Offgrid, Tuco Kids, LeafyBus, others bag funds; Nazara ends Moonshine deal

New Delhi, Sept. 2 -- Battery-tech startup Offgrid, personal care brand for children Tuco Kids, electric bus fleet operator LeafyBus, consumer electronics startup Cuzor, maternal health firm SaveMom, ... Read More


Country Delight-backer Venturi Partners marks first close of Fund II

New Delhi, Sept. 2 -- Venturi Partners, a Singapore-based investment firm backing consumer-focused startups in India and Southeast Asia, has raised $150 million (around Rs 1,320 crore) for the first c... Read More


Early-stage VC firm Peak XV Partners sees another top-level exit

New Delhi, Sept. 2 -- Early-stage venture capital firm Peak XV Partners has witnessed another high-profile departure, adding to a string of senior-level exits. Managing director Harshjit Sethi is the... Read More