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VC-backed Samunnati raises another $5 mn in pre-Series E round

New Delhi, May 27 -- Agri-focused non-banking financial company Samunnati Financial Intermediation Services has raised Rs 42.5 crore ($5 million) from an existing investor as part of its pre-Series E ... Read More


Slikk, Frinks AI, others get funding; Expert DOJO launches India startup cohort

New Delhi, May 27 -- Fashion delivery platform Slikk, deeptech firms Frinks AI and Contineu, and travel brand EUME have secured early-stage funding in separate rounds from various venture capital and ... Read More


Logistics SaaS startup Fleetx gets Series C funding from IndiaMART, BEENEXT

New Delhi, May 27 -- Logistics-focused software-as-a-service (SaaS) startup Fleetx.io has secured Rs 113 crore ($13.2 million) in its Series C funding round, led by existing investors IndiaMART InterM... Read More


South Korea's CJ Logistics increases stake in Indian arm with $32-mn investment

New Delhi, May 26 -- CJ Logistics Corporation, South Korea's largest logistics company, has ramped up its play in India's logistics sector by making a capital infusion into its Indian subsidiary CJ Da... Read More


Smile Group appoints former AstraZeneca exec to lead healthtech venture builder

New Delhi, May 26 -- Smile Group, a technology investor and operator, has appointed Gagandeep Singh Bedi, former managing director at AstraZeneca Pharma India, as managing partner to lead its new heal... Read More


Smile Group appoints former AstraZeneca exec to lead healthtech venture studio

New Delhi, May 26 -- Smile Group, a technology investor and operator, has appointed Gagandeep Singh Bedi, former managing director at AstraZeneca Pharma India, as managing partner to lead its new heal... Read More


Peak XV-backed co-working firm Awfis elevates insider as CEO

New Delhi, May 26 -- Mumbai-listed co-working space provider Awfis Space Solutions Ltd, founded by chairman and managing director Amit Ramani, has promoted Sumit Lakhani to the position of chief execu... Read More


Tiger Global-backed Groww confidentially files for up to $1-bn IPO

New Delhi, May 26 -- Billionbrains Garage Ventures, the parent company of Groww, has confidentially filed for an initial public offering (IPO) with the Securities and Exchange Board of India (SEBI). ... Read More


Compass Capital-owned Egyptian real estate investment firm Bonyan plans IPO

New Delhi, May 23 -- Egyptian private equity firm Compass Capital-owned real estate investment platform Bonyan for Development and Trade plans to float an initial public offering and list on the Egypt... Read More


Alt Carbon, PierSight, Shuru App, others get early-stage funding

New Delhi, May 23 -- Climate tech startup Alt Carbon, space tech firm PierSight, community platform Shuru App, cross-border investing company Borderless, and non-banking financial company Dvara KGFS h... Read More