Inflexor's Mazumdar on the firm's second and third funds, thesis and more
Inflexor Ventures, technology-focussed venture capital firm, earlier this month announced the first close of Inflexor Opportunities Fund, which it will use to partly fund the acquisition of the entire portfolio of its earlier vehicle. The firm is targeting to raise a corpus of Rs 350 crore by this month. A major ......
Venture capital firm RPSG Capital to rope in top Orios executive
Early-stage venture capital firm Orios Venture Partners, which is an investor in companies like Country Delight, ixigo, BeatO and Pharmeasy, suffered another top management exit, a year after partners Anup Jain and Rajeev Suri quit to float their own firm. Currently deploying capital from its $120-million fund, Orios’ chief financial and ......
Bottomline: How a multi-crop strategy boosted Sahyadri Farms’ growth
Sahyadri Farms Post Harvest Care Ltd managed to almost double its revenue and triple its operating profit over the three years through March 2024 as it expanded beyond grape exports, although topline growth could moderate in the current year. The operator of farms for fruits and vegetables recorded high growth ......
Zopper onboards Elevation, Dharana Capital on its cap table in $25 mn round
Insurtech platform Zopper said on Thursday that it has raised $25 million in a Series D funding round, co-led by Elevation Capital and Dharana Capital, along with the participation from existing investor Blume Ventures. Zopper will use this fresh funding to ramp up its digital technology infrastructure by strengthening its insurance ......
OneCell Diagnostics, Abyom SpaceTech, two others bag early-stage fundings
OneCell Diagnostics, Abyom SpaceTech & Defence, CredFlow, and Order For Health secured early-stage funding, the companies said Thursday. OneCell Diagnostics Genomics-based precision oncology firm OneCell Diagnostics has raised $16 million (Rs 135 crore) in a Series A round, led by venture capital firm Celesta Capital. The round was oversubscribed, it said. The diagnostics ......
Bain Capital-backed 360 ONE Asset bets on CDMO player from TPG’s portfolio
360 ONE Asset, an asset management firm backed by private equity firm Bain Capital, has invested in TPG-backed contract drugmaker OneSource Specialty Pharma in a secondary transaction. This comes within a month of the firm investing in fertility treatment provider A4 Hospitals. While the companies haven’t disclosed the financial details of the transaction, ......
Consumer electronics firm Indkal eyes fat PE cheque as revenue accelerates
Indkal Technologies Pvt Ltd, one of the country's fastest-growing consumer electronics companies, is in talks with a clutch of private equity investors within five months of its first external round of funding, at least two people aware of the development told VCCircle. The Bengaluru-based Indkal had raised around Rs 300 crore ......
GPS ropes in former civil servant Deepak Agarwal to head project development arm
Bangalore-based biogas engineering firm GPS Renewables Pvt Ltd, which is backed by SBICap Venture, has appointed Deepak Agarwal, a former civil servant and green energy industry veteran to head its project development arm ARYA. Agarwal has worked across domains such as waste management and bio-CNG for over three decades and both ......
Blitz, Doodhvale Farms, Taqtics raise early-stage funding
Quick commerce logistics enabler Blitz, D2C dairy Doodhvale Farms, SaaS startup Taqtics have raised early-stage funding, companies said Wednesday. Blitz Blitz, a quick commerce logistics enabler, has raised Rs 51 crore in a Series A funding round, led by IvyCap Ventures. The fresh infusion will help enhance its 60-minute delivery infrastructure and expand ......
Grapevine: Gaja Capital, Lightspeed, SolarSquare, Omnivore VC, and Farmley in news
Gaja Capital has set in motion its plan for a public listing while Lightspeed Venture Partners and Omnivore are likely to invest in a renewables company and a dry fruit brand, respectively, according to various media reports. Gaja Capital Domestic private equity firm Gaja Capital plans to go public and aims ......