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Aman Rawat

Valar Ventures-backed Simpl lays off 100 employees, sets timeline to turn profitable

TMT

08 May, 2024

Valar Ventures-backed Simpl lays off 100 employees, sets timeline to turn profitable

Valar Ventures-backed buy-now-pay-later platform Simpl has laid off nearly 100 employees across verticals as part of cost-cutting measures, people aware ......

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Manipal Hospitals backer Novo Holdings ropes in former IFU exec

People

08 May, 2024

Manipal Hospitals backer Novo Holdings ropes in former IFU exec

Danish investor Novo Holdings, which owns a majority stake in obesity drugmaker Novo Nordisk and manages assets of the Novo ......

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Verlinvest's venture capital arm V3 eyes stake in local kitchenware startup

Consumer

07 May, 2024

Verlinvest's venture capital arm V3 eyes stake in local kitchenware startup

V3 Ventures, the venture capital arm of Belgian investment company Verlinvest and a backer of several homegrown direct-to-consumer brands, is ......

Wealth management firm Client Associates marks first close of maiden VC fund

Finance

07 May, 2024

Wealth management firm Client Associates marks first close of maiden VC fund

Wealth management firm Client Associates, which manages assets under advisory of around $5.5 billion (Rs 45,900 crore), has marked the ......

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How agritech platform Ecozen was valued after its latest funding round

TMT

06 May, 2024

How agritech platform Ecozen was valued after its latest funding round

Agritech and agri infra-focussed startup Ecozen raised $30 million (Rs 250 crore) last month in a mix of debt and ......

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Manipal consolidates training biz under UNext after buying out PremjiInvest

Consumer

03 May, 2024

Manipal consolidates training biz under UNext after buying out PremjiInvest

Ranjan Pai-led Manipal Group that has been in the news with the big-ticket majority stake sale of its hospital arm ......

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ICICI Venture ropes in IvyCap Venture's managing partner for growth stage bets

People

03 May, 2024

ICICI Venture ropes in IvyCap Venture's managing partner for growth stage bets

ICICI Venture, the alternative investment arm of private lender ICICI Bank, has roped in a managing partner from venture capital ......

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Bottomline: PE-backed SarvaGram breaks even, aims to double AUM in FY25

Finance

03 May, 2024

Bottomline: PE-backed SarvaGram breaks even, aims to double AUM in FY25

SarvaGram Fincare Pvt. Ltd, a Maharashtra-based lender serving the credit needs of rural households, has grown its revenue at a ......

Samena Capital leads $158 mn funding round in U Gro Capital

Finance

02 May, 2024

Samena Capital leads $158 mn funding round in U Gro Capital

Listed non-banking lender U Gro Capital Ltd, which counts private equity firms Samena Capital, ADV Partners and TPG NewQuest among ......

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The Souled Store, Traya backer Xponentia Capital promotes executives to MD

People

01 May, 2024

The Souled Store, Traya backer Xponentia Capital promotes executives to MD

Homegrown mid-market private equity firm Xponentia Capital, which is an investor in companies including Barbeque Nation, The Souled Store and ......