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Early-stage investor Sauce.VC raises $43 mn in latest outing

Finance

05 August, 2024

Early-stage investor Sauce.VC raises $43 mn in latest outing

Consumer sector-focused homegrown venture capital firm Sauce.VC has hit the final close of its third fund that it had floated in ......

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Prosus India's Ashutosh Sharma on early-stage bets and potential in edtech despite Byju's

Finance

05 August, 2024

Prosus India's Ashutosh Sharma on early-stage bets and potential in edtech despite Byju's

The Netherlands-based Prosus has invested in several Indian unicorns such as Swiggy, Meesho, Urban Company, Eruditus and The Good Glamm ......

Infibeam acquires Rediff; Bebe Burp raises pre-Series A funding

Consumer

02 August, 2024

Infibeam acquires Rediff; Bebe Burp raises pre-Series A funding

Listed payments infra and SaaS company Infibeam Avenues has acquired a 54.10% stake in online information portal Rediff for a ......

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Deals Digest: Funding momentum rises on a low base, Rapido leads total value this week

General

02 August, 2024

Deals Digest: Funding momentum rises on a low base, Rapido leads total value this week

The homegrown venture capital and private equity ecosystem saw a significant uptick this week, with funding making a strong recovery ......

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MENA Digest: Egyptian startups lead funding rounds this week

TMT

02 August, 2024

MENA Digest: Egyptian startups lead funding rounds this week

Egyptian startups propelled dealmaking activity in the Middle East and North Africa (MENA) region this week, with at least three ......

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South African VC HAVAÍC marks first close of third pan-Africa fund

Finance

02 August, 2024

South African VC HAVAÍC marks first close of third pan-Africa fund

HAVAÍC, a South African venture capital fund that backs early-stage, high-growth African tech startups, has marked the first close of ......

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SoftBank set for benchmark returns busting exit with its smallest India bet

TMT

01 August, 2024

SoftBank set for benchmark returns busting exit with its smallest India bet

Japanese technology investment goliath SoftBank, which has been on an exit spree from over half a dozen venture capital and ......

Mela Ventures, Speciale Invest, IPV back separate tech startups with early-stage funds

TMT

01 August, 2024

Mela Ventures, Speciale Invest, IPV back separate tech startups with early-stage funds

Spacetech startup GalaxEye Space, insurtech startup Square Insurance, AI quantum startup Bloq Quantum and deeptech life growth platform Acculi Labs ......

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Neo Asset aims to wrap up deployment of special situations fund by 2024-end

Finance

01 August, 2024

Neo Asset aims to wrap up deployment of special situations fund by 2024-end

Mumbai-based Neo Asset Management, the wealth and asset management arm of Peak XV Partners-backed Neo Group, plans to wrap up ......

UAE's National Pulse invests in Singapore fintech firm Aleta Planet

TMT

01 August, 2024

UAE's National Pulse invests in Singapore fintech firm Aleta Planet

United Arab Emirates' strategic management company National Pulse has invested in Singapore-based payments solutions provider Aleta Planet, the latter company ......