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HealthKois unveils $300-mn VC fund to bet on healthcare startups

New Delhi, June 6 -- Alternative investment firm HealthKois, set up by the leadership of HealthQuad, has unveiled a venture capital fund to invest in early growth-stage startups in the healthcare sect... Read More


Goofy Tails, Kosmc AI secure early-stage funding

New Delhi, June 6 -- Wipro's consumer investment arm has struck its first investment in the pet care space, while social commerce infrastructure startup Kosmc AI has secured funding in a pre-seed roun... Read More


RBI rejects PE-backed Annapurna Finance's banking application for second time

New Delhi, June 6 -- The Reserve Bank of India has rejected an application by Annapurna Finance Pvt. Ltd, which counts Piramal Alternatives and mid-market private equity firm Oman India Joint Investme... Read More


MENA Digest: Tunisian startup Kumulus Water, Qatar's ShipBee secure funding

New Delhi, June 6 -- At least two early-stage startups secured funding in the Middle East and North Africa (MENA) region in an otherwise quiet week for dealmaking. Tunisia's water-tech startup Kumulus... Read More


African PE firm Mediterrania Capital Partners marks final close of Fund IV

New Delhi, June 6 -- Mediterrania Capital Partners (MCP), a Malta-based private equity firm that manages over $800 million in assets and deploys growth capital in mid-sized African companies, has mark... Read More


InfoEdge Ventures leads Series B funding in Decentro

New Delhi, June 6 -- Decentro, a fintech startup that provides banking infrastructure, said Friday it has raised Rs 30 crore ($3.5 million) in its Series B funding round led by InfoEdge Ventures. Sta... Read More


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