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Deals Digest: 2023 ends on a sombre note as funding activity slows in last week

General

29 December, 2023

Deals Digest: 2023 ends on a sombre note as funding activity slows in last week

Private equity and venture capital deal flow continued to drop with the year coming to an end, as deal value ......

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Tencent, SIG, Omidyar, WaterBridge-backed Doubtnut goes for a song

Consumer

04 December, 2023

Tencent, SIG, Omidyar, WaterBridge-backed Doubtnut goes for a song

Doubtnut, one of several ed-tech startups that raised millions of dollars in equity capital from marquee investors when demand for ......

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FMO-backed NeoGrowth speeds up revenue, profit growth after turning the corner

Finance

23 November, 2023

FMO-backed NeoGrowth speeds up revenue, profit growth after turning the corner

Fintech lender NeoGrowth, which came out of the red in the year through March to mark a turnaround from the damage caused by ......

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Affordplan CEO leads management buyout as VC investors, founders exit

TMT

27 September, 2023

Affordplan CEO leads management buyout as VC investors, founders exit

Healthcare-focussed finance solutions platform Affordplan has been bought out by its current chief executive officer, providing a full exit to ......

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Bottomline: Fintech firm NeoGrowth reins in bad loans, comes out of the red

TMT

02 June, 2023

Bottomline: Fintech firm NeoGrowth reins in bad loans, comes out of the red

Fintech lender NeoGrowth managed to rein in its bad loans in the last financial year and came out of the red, marking a turnaround from the ......

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Ankur Capital ropes in American investor as LP to bump up tech bets

TMT

28 January, 2021

Ankur Capital ropes in American investor as LP to bump up tech bets

Early-stage investor Ankur Capital, focused on tech-driven businesses in India, has roped in a US-based charity as a Limited Partner ......

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Flashback 2020: Few surprises among top VCs but Sequoia zooms ahead in Black Swan year

Finance

31 December, 2020

Flashback 2020: Few surprises among top VCs but Sequoia zooms ahead in Black Swan year

On December 19, Shailendra Singh, a managing director at Sequoia Capital, tweeted: “Founders, we are open for business...if you are ......

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How social-impact investments shaped up in India last year

Finance

13 July, 2020

How social-impact investments shaped up in India last year

The number of social-impact investments in India dropped in 2019 and the deal value grew at a slower pace last ......

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ChrysCapital-backed Varthana raises debt funding from US development bank

Finance

05 May, 2020

ChrysCapital-backed Varthana raises debt funding from US development bank

The US International Development Finance Corporation (DFC) has disbursed a loan of $15 million (about Rs 113.25 crore) to Bengaluru-based ......

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PE/VC exit returns in 2019 a tad below par but match top-performing mutual funds

Finance

10 January, 2020

PE/VC exit returns in 2019 a tad below par but match top-performing mutual funds

A handful of private equity and venture capital firms in India may have struck gold by fully exiting their investments ......