Pocket FM rings up global investment funds for Series E cheque
Audio entertainment platform Pocket FM has initiated talks with global private equity investors to raise a fresh round of equity funding, two people aware of the development told VCCircle. Pocket FM, which counts Lightspeed India Partners, Tencent and Tanglin Venture Partners among its existing backers, is planning to raise between $100 ......
True North leads Series B funding in Nivara Home Finance
Nivara Home Finance Ltd said Monday it has raised fresh capital in a Series B funding round led by private equity firm True North. True North, via its seventh fund, invested Rs 170 crore while existing investor Baring PE India chipped in with Rs 50 crore, the mortgage lender said in a ......
Qoruz In Talks To Raise Funds At ₹150-200 Cr Valuation: Report
Influencer marketing tech platform Qoruz is in discussions to raise funds as part of its Pre-Series A round, ahead of a planned Series A raise later this year. The company is reportedly in discussions for a valuation of ₹150-200 crore. The funds are expected to be utilized for international expansion, AI-driven ......
Accel-backed Onsitego mulls M&As for growth, plans e-waste entry
Onsitego Electro Services Ltd, an after-sales service provider for consumer electronics that counts venture capital firm Accel as an investor, is actively exploring mergers and acquisitions (M&As) to fuel its next phase of growth, a top company executive told VCCircle. The company, which handles nearly 3 million service requests annually, also plans ......
All In Capital unveils second early-stage VC fund, marks first close
Early-stage venture capital firm All In Capital, which has backed startups such as PierSight Space, MasterChow, and Wint Wealth, has launched its second fund and marked its first close, nearly three years after it closed its debut vehicle. The firm, set up by former upGrad executive Kushal Bhagia and former Stride ......
Endiya Partners closes third fund, generates 4x returns from debut vehicle
Early-stage venture capital firm Endiya Partners, which has backed companies such as Darwinbox and Kissht, has wrapped up the fundraising exercise for its third investment vehicle and generated high returns from its maiden fund. The Hyderabad-based VC firm said Wednesday it has generated four times the multiple on invested capital (MOIC) ......
PremjiInvest-backed Icertis raises $50 mn in fresh funding
Icertis, a software-as-a-service (SaaS) unicorn backed by PremjiInvest, has raised $50 million (around Rs 431.8 crore) in a fresh funding round, according to its latest filing with the US Securities and Exchange Commission (SEC). Icertis said it raised the capital from five investors but didn’t disclose their names. Icertis, an enterprise contract ......
Bottomline: A91-backed Akshayakalpa Farms looks to turn the corner on sales boost
Akshayakalpa Farms and Foods Pvt Ltd, an organic dairy and farming venture that’s backed by growth-stage venture capital firm A91 Partners, is moving toward profitability as its fast-growing revenue helps offset its expenditures. After five years of losses, the company expects to break even at the operating level and post positive ......
Grapevine: PhysicsWallah, Apax Partners, Supertails, 10Club, Deep Rooted in news
Edtech unicorn PhysicsWallah has filed draft papers through the confidential pre-filing route to raise Rs 4,600 crore via an initial public offering, a media report said. The IPO will primarily consist of a fresh issue of shares and will also have an offer for sale by existing investors, Moneycontrol reported, citing people aware ......
Creaegis leads Series B funding in TaxiForSure co-founder's fintech Zolve
Cross-border neobanking startup Zolve, started by ride-hailing company TaxiForSure co-founder Raghu G, has secured $251 million (about Rs 2,188 crore) in a mix of equity and debt capital as part of its Series B funding round. Growth-stage investment firm Creaegis led the round, US-based Zolve said in a statement. HSBC, Japan’s ......
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