Exclusive

Publication

Byline

FirstClub nets Series B funding as valuation doubles to $255 mn

New Delhi, June 4 -- FirstClub, a quick-commerce startup set up by former Flipkart executive Ayyappan R, has pocketed $55 million (Rs 512 Crore) in a Series B funding round led by domestic venture cap... Read More


Sleepy Owl, Burger Singh backer Rukam Capital's second fund exceeds target

New Delhi, June 4 -- Venture capital firm Rukam Capital, which makes bets in early-stage consumer products and services companies in the country, has crossed the initial target for its second flagship... Read More


Grapevine: Warburg Pincus, KKR, Carlsberg, Kuku FM, Peak XV in news

New Delhi, June 4 -- Several private equity firms are in race to buy a stake in hospital chain Cloudnine while content platform Kuku FM has confidentially filed for an initial public offering and vent... Read More


Inox to acquire GIP-owned Vena Energy's India renewables platform

New Delhi, June 4 -- Noida-based Inox Clean Energy Ltd has agreed to acquire the Indian renewable energy platform of Singapore-headquartered Vena Energy, which is backed by Global Infrastructure Partn... Read More


Open a digital savings account & earn high interest rates up to 6.50%

New Delhi, June 4 -- A digital savings account is a fully functional bank account that can be operated digitally, from anywhere in the world. It gives you access to all traditional banking facilities ... Read More


Kedaara-backed Neurealm acquires healthcare tech services firm Veersa

New Delhi, June 4 -- Kedaara Capital-backed technology services platform Neurealm has acquired healthcare-focussed technology services company Veersa Technologies to strengthen its artificial intellig... Read More


KfW, Dara Holdings-backed impact fund Anara marks first close of debut vehicle

New Delhi, June 4 -- A new venture fund Anara Impact Capital, which is focussed on impact-driven startups across the Middle East and North Africa, has marked the first close of its debut fund, collect... Read More


Avendus healthcare banking head quits; set to lead BofA India I-banking

New Delhi, June 4 -- Anshul Gupta, managing director and head of healthcare investment banking at Avendus Capital, has quit the firm and is likely to join Bank of America to lead its investment bankin... Read More


TrueFan AI, Phab, KorinMi, The Sweet Change raise early-stage funding

New Delhi, June 4 -- AI video-generation startup TrueFan AI, protein snack brand Phab, Korean skincare clinic chain KorinMi, and natural sweetener startup The Sweet Change have raised fresh funding. ... Read More


Did SoftBank beat the exit benchmark as it pulls $300 mn more from Lenskart?

New Delhi, June 4 -- SoftBank, the Japanese investment giant that makes technology-focused bets and has backed companies such as Meesho, Unacademy and Ola Electric in India through its Vision Fund, ha... Read More