Athera Venture Partners gets local LP for fourth VC fund
Early-stage venture capital firm Athera Venture Partners, which is currently raising Rs 900 crore ($106 million) for its fourth fund, has roped in a key domestic limited partner to the investment vehicle. The VC firm, which has already raised capital from Indian family offices and international foundations, has secured a ......
Sahyadri Farms raises $46 mn, adds new investors to cap table
Farmer led-Sahyadri Farms Post Harvest Care ushered in new foreign impact investors to its cap table as it raised Rs 390 crore (approximately $46 million) as part of its second round of funding. Europe-based private equity fund responsAbility and US-based PE fund GEF Capital Partners have invested Rs 390 crore in ......
Deals Digest: Momentum slows again after stellar preceding week
The five-day period ended 20 December saw funding activity decline to nearly a third of the previous week’s high base of about $900 million, data collated by VCCircle showed. The week was particularly slow for the mergers and acquisitions deal category as well. Companies backed by private equity and venture capital ......
Prorata Secures Undisclosed Strategic Investment from Hindustan Media Ventures Limited, Propelling India’s First Fractional Car Ownership Platform to New Heights
Prorata, a Bangalore-based start-up, has announced a strategic investment from Hindustan Media Ventures Limited (HMVL), further accelerating the growth of India’s first fractional car ownership platform. The funding underscores the company’s innovative approach to revolutionizing how Indians experience premium, luxury, and off-road vehicles. Revolutionizing Car Ownership in India Founded by visionary entrepreneur ......
Creador ropes in North American LP for new fund
Southeast Asia-focused mid-market investor Creador, which is headquartered in Malaysia, has onboarded yet another limited partner (LP) for its sixth fund, VCCircle has gathered. In fact, it will be the first investment of the new LP in the Indo-Pacific region. The private equity investor, led by former ChrysCapital partner Brahmal Vasudevan, ......
MENA Digest: UAE startups lead funding activity; CredibleX, Anghami secure $55 mn each
UAE tech startups led funding activity in the Middle East and North Africa region this week, raising growth capital to expand their businesses. While Web3 banking startup Klickl raised double-digit growth funding, fintech CredibleX secured a mix of equity and debt capital to scale its business. Other startups that raised ......
Avendus set to hit first close of third late-stage investment fund
Mumbai-based investment banking and asset management firm Avendus Capital is set to hit the first close of its third alternative investment fund for private market deals, a person with direct knowledge of the matter told VCCircle. The firm could announce the first close of the Avendus Future Leaders Fund III, which ......
Beyond Capital backs Clinikk, Fasal; Seekho, five other startups get funding
Venture capital firm Beyond Capital Ventures said Thursday it has completed deployment from its second fund with investments in Indian startups Clinikk and Fasal while six other startups including fintech firms QuID Cash and Curie Money and edu-tech startup Seekho said they have secured early-stage funding. Beyond Capital Ventures BCV, a women-led ......