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Bottomline: PE-backed Indifi's AUM rises but asset quality worries weigh

TMT

05 August, 2024

Bottomline: PE-backed Indifi's AUM rises but asset quality worries weigh

Fintech lender Indifi, which counts private equity firm ICICI Venture and venture capital firm Accel as investors, grew its loan ......

Two generative AI firms, two others secure early-stage funding

TMT

30 July, 2024

Two generative AI firms, two others secure early-stage funding

Generative AI companies Gnani.ai and Vitra.ai, wedding services startup Meragi, and ElectricPe, secured early-stage funds, the companies announced on Tuesday. ......

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Deals Digest: Funding momentum slows but deal volume goes up this week

General

19 July, 2024

Deals Digest: Funding momentum slows but deal volume goes up this week

Capital raised by startups was a tad bit lower than last week even as the volume of total funding deals ......

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Grapevine: Zetwerk in funding talks with CapitalG; power majors eye Sinnar Thermal

General

15 July, 2024

Grapevine: Zetwerk in funding talks with CapitalG; power majors eye Sinnar Thermal

Zetwerk, an Indian unicorn specialising in contract manufacturing of capital and consumer goods, is in talks to raise funds from CapitalG, ......

PremjiInvest leads $32 mn funding round in wealth management firm Dezerv

Finance

09 July, 2024

PremjiInvest leads $32 mn funding round in wealth management firm Dezerv

Wealth management firm Dezerv on Tuesday said that it raised Rs 265 crore (around $31.7 million) in a funding round ......

Tiger Global-backed Koo to shut down after partnership talks fail

TMT

03 July, 2024

Tiger Global-backed Koo to shut down after partnership talks fail

Indian social media platform Koo is discontinuing its services, its top boss said in a social media post. "Our partnership talks ......

TMRW invests in Accel-backed Wrogn to expand house of brands

Consumer

19 June, 2024

TMRW invests in Accel-backed Wrogn to expand house of brands

Aditya Birla Group's house of apparel brands TMRW has said it is investing Rs 125 crore (around $15 million as per ......

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Grapevine: Nexus-backed fintech halts operations; Accel may bet on Meragi

General

05 June, 2024

Grapevine: Nexus-backed fintech halts operations; Accel may bet on Meragi

Investmint, a signal-based trading app, has ceased operations due to challenges in establishing a viable business model, a media report ......

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MENA Digest: Egyptian startups lead funding activity

Finance

10 May, 2024

MENA Digest: Egyptian startups lead funding activity

Egyptian fintech startups Swypex and MNZL led funding activities in the Middle East and North Africa region,, even as overall ......

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Grapevine: Temasek may join race for CVC's stake in HCG; Coca-Cola India's bottling arm mulls IPO

General

03 May, 2024

Grapevine: Temasek may join race for CVC's stake in HCG; Coca-Cola India's bottling arm mulls IPO

Singapore's Temasek Holdings is considering a bid for CVC Capital Partners' controlling stake in Healthcare Global Enterprises Ltd (HCG), a media report said.  Temasek may opt ......