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Alkemi hits first close of second VC fund, taps another institutional LP

Finance

11 September, 2024

Alkemi hits first close of second VC fund, taps another institutional LP

Alkemi Growth Capital, a healthcare-focused venture capital fund that is on the road to raise capital for its second vehicle, ......

Susquehanna and Stellaris bet on consumer startup Nestasia

Consumer

10 September, 2024

Susquehanna and Stellaris bet on consumer startup Nestasia

Home decor and lifestyle startup Nestasia has raised $8.35 million in a fresh funding round from Susquehanna Asia VC, Stellaris ......

Kalaari, Colossa bet on cleantech startups, Crackle bags early-stage funds

TMT

10 September, 2024

Kalaari, Colossa bet on cleantech startups, Crackle bags early-stage funds

EV battery solutions startup Clean Electric, cleantech company Exposome and tech startup Crackle Technologies secured early-stage cheques, the companies announced ......

Fundamentum leads Series B funding in Sri Mandir-owner AppsForBharat

TMT

10 September, 2024

Fundamentum leads Series B funding in Sri Mandir-owner AppsForBharat

AppsForBharat, the owner of the devotion platform, Sri Mandir, Tuesday said it has raised $18 million (around Rs 151 crore) ......

Multiples PE-backed Quantiphi, IAN bet on Transcell Biologics

TMT

09 September, 2024

Multiples PE-backed Quantiphi, IAN bet on Transcell Biologics

Transcell Biologics, a Hyderabad-based biotech startup, has raised funding from artificial intelligence company Quantiphi Inc and Indian angel investment network ......

Playbook Partners marks first close of maiden fund

Finance

10 September, 2024

Playbook Partners marks first close of maiden fund

Playbook Partners, a growth-stage focused investment firm set up by founding partner of Pivot ventures Vikas Choudhury, has marked the ......

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Embedded finance, cross-border payments hold promise: QED's Sandeep Patil

TMT

09 September, 2024

Embedded finance, cross-border payments hold promise: QED's Sandeep Patil

Fintech-focussed QED Investors has pumped $150 million into India since it set up operations in the country four years ago. ......

Pro
How Peak XV turned $25 mn bet on a non-tech company to over $300 mn exit

Consumer

06 September, 2024

How Peak XV turned $25 mn bet on a non-tech company to over $300 mn exit

  Venture capital firm Peak XV Partners, fresh from the success of seeing the valuation of its portfolio company Awfis double within three ......

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Deals Digest: Fundraising drops to the lowest in six weeks on high base

General

06 September, 2024

Deals Digest: Fundraising drops to the lowest in six weeks on high base

Funding momentum in the startup ecosystem this week declined to a six-week low on a high base during the preceding week, ......

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MENA Digest: Deal activity picks up with two big Series A funding

Finance

06 September, 2024

MENA Digest: Deal activity picks up with two big Series A funding

Fintech startups in the Middle East and North Africa region accelerated the dealmaking activity this week led by UAE’s Ziina ......