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Beams Fintech Fund joins Progcap as new investor in $50 mn round

TMT

17 October, 2022

Beams Fintech Fund joins Progcap as new investor in $50 mn round

Venture Catalysts' floated Beams Fintech Fund joined as new investor in Progcap as the small and mid-size business-focused financing provider ......

Avataar's new fund to back B2B, SaaS startups

TMT

17 October, 2022

Avataar's new fund to back B2B, SaaS startups

Avataar Venture Partners, floated by former executives of Norwest Venture Partners and Freshworks Inc., has launched a new venture capital ......

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Deals Digest: Companies raise $220 mn; three edtech acquisitions this week

Finance

14 October, 2022

Deals Digest: Companies raise $220 mn; three edtech acquisitions this week

Investments by venture capital (VC) and private equity (PE) firms dropped 24.4% to $220 million this week versus $291 million ......

Nykaa-backed Earth Rhythm to open offline stores

Consumer

14 October, 2022

Nykaa-backed Earth Rhythm to open offline stores

Direct-to-consumer beauty brand Earth Rhythm is expanding its sales to offline stores by opening kiosks in the country’s top cites, ......

Delta Corp-backed Three Wheels United enters two-wheeler EV financing

TMT

14 October, 2022

Delta Corp-backed Three Wheels United enters two-wheeler EV financing

Electric vehicle financing startup, Three Wheels United, which counts Delta Corp Holdings, Grip Invest and Microsoft as among its investors, ......

PhysicsWallah makes two acquisitions

TMT

13 October, 2022

PhysicsWallah makes two acquisitions

Edtech unicorn PhysicsWallah, backed by Westbridge and GSV Ventures among marquee investors, on Thursday said it has acquired test preparation ......

Florintree Advisors' Mathew Cyriac invests in MyySports

People

13 October, 2022

Florintree Advisors' Mathew Cyriac invests in MyySports

Sportstech startup MyySports has raised $2 million from alternate asset manager Florintree Advisors' founder and executive chairman, Mathew Cyriac.  Cyriac, who ......

Upskilling platform FrontRow lays off 75% staff

TMT

13 October, 2022

Upskilling platform FrontRow lays off 75% staff

Eight Roads Ventures-backed FrontRow has laid off about 130 people (75%) from its workforce, as it rejigs its sales and ......

US VC firms pull back from late-stage deals amid stormy markets, valn concerns

Finance

13 October, 2022

US VC firms pull back from late-stage deals amid stormy markets, valn concerns

Startups seeking late-stage funding in the United States are failing to attract investors as dour sentiment in the public markets ......

Crypto platform Pillow raises $18 mn in Series A round

TMT

13 October, 2022

Crypto platform Pillow raises $18 mn in Series A round

Cryptocurrency investment platform Pillow, run by Pillow Digital Technologies Pte Ltd, on Wednesday secured funding amounting to $18 million in ......