VC-backed Astrotalk doubles FY24 revenue, eyes repeat performance
Astrotalk, backed by New York-based venture capital firm Left Lane Capital and domestic growth-stage investor Elev8 Venture Partners, is aiming to double its revenue in the current financial year ending March 2025, after a similar topline performace last fiscal, a top executive told VCCircle. The Delhi-based startup reported a 2.3x jump in ......
Oorja Energy, Jiraaf backer Capital A floats second VC fund
Capital A, a venture capital firm led by Ankit Kedia, who was previously the promoter and director at plastic packaging solutions Manjushree Technopack Ltd, has floated its second fund. The firm, which focuses on early-stage investments, has filed its papers with Securities and Exchange Board of India (SEBI) for a category ......
Blume Ventures aims at nearly $1 bn AUM with fifth VC fund
Early-stage venture capital firm Blume Ventures, an investor in unicorn startups such as edtech platform Unacademy and beauty and personal care retailer Purplle, is set to hit the road to raise its fifth fund, two people aware of the development told VCCircle. Blume Ventures, set up by Karthik Reddy and Sanjay Nath in 2010, intends ......
MENA Digest: UAE’s SaaS startup Seez leads funding activity this week
UAE-based automotive SaaS startup Seez led fundraising activity in the Middle East and North Africa (MENA) region this week, as it secured growth capital funding from several international investors to expedite its geographical expansion plans. Besides, Algerian ed-tech startup LabLabee and Saudi vacation property rental startup Darent secured seed funding, ......
Equirus Capital buys into insurance broking firm
Financial services firm Equirus Capital has received regulatory approval to acquire a stake in an insurance broking firm, as it looks to increase its exposure to the segment it entered three years ago. Equirus said Friday it will buy the stake in Mumbai-based Raghnall Insurance Brokers. It didn’t disclose any financial terms ......
Deals Digest: PE-VC investment value doubles as EQT, Warburg sign big cheques
Private equity and venture capital firms signed several big cheques this week, pushing their total investments in Indian companies to the highest level in three months, according to data collated by VCCircle. Three deals were valued above $100 million this week while the amount invested by PE and VC firms touched ......
Omnivore onboards offshore LP for third venture capital fund
Omnivore, an agritech-focused venture capital firm, has roped in an offshore limited partner for its third investment fund that has a target corpus of $175-180 million. The VC firm, which made the first close of the Omnivore Agritech & Climate Sustainability Fund last year at $150 million (about Rs 1,230 crore), has onboarded French firm ......
VC-backed Redcliffe onboards new investor in Series C funding
Redcliffe Lifetech Pvt Ltd, which operates diagnostic centers under the Redcliffe Labs brand, has raised Series C funding from existing backers as well as a new international investor. The company, which counts emerging markets-focused impact investor LeapFrog Investments and Indian venture capital firm Chiratae Ventures among its investors, secured $42 million (Rs ......
Grapevine: Aragen Life, Urban Company investors weigh stake sale
Promoters and investors in Aragen Life Sciences, the Goldman Sachs-backed contract research organisation (CRO), plan to sell a 10% stake in a pre-IPO round, valuing the company at Rs 10,000-12,000 crore ($1.5 billion), a media report said. Potential investors, including Quadria Capital and Denmark-based pharmaceutical firm Novo Nordisk, are in early talks for a minority stake, ......
Blume-backed Optimo Loan may tap new international investor in fresh fundraise
Small business-focused lending startup Optimo Loan, which was launched by Easemytrip’s co-founder Prashant Pitti and is backed by venture capital firms Blume Ventures and Omnivore, is planning a second round of fundraising with a new investor also set to join its cap table, a person familiar with the matter said. The ......
Recommended for you
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News