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Early investors in Swiggy take home $222 mn in partial exits

TMT

15 January, 2020

Early investors in Swiggy take home $222 mn in partial exits

Many early investors in Swiggy have earned high returns on their investments in the online food delivery startup by selling ......

GIC, ADIA-backed Greenko set to buy stake in large hydro project

Infrastructure

08 January, 2020

GIC, ADIA-backed Greenko set to buy stake in large hydro project

Greenko Group, India’s most-funded renewable energy company, is set to acquire a stake in a large hydropower project that was ......

IFCI sells bulk of its stake in National Stock Exchange

Finance

24 December, 2019

IFCI sells bulk of its stake in National Stock Exchange

State-owned development finance institution IFCI Ltd said on Tuesday it has divested most of its 2.44% stake in the National ......

Avataar Ventures leads $22 mn funding in IT operations provider Appnomic

TMT

19 December, 2019

Avataar Ventures leads $22 mn funding in IT operations provider Appnomic

Appnomic Systems Inc., a startup focussed on providing solutions for downtime and outages in information technology operations, has raised $22 ......

Non-alcoholic beverage maker Svami gulps down pre-Series A funding

Consumer

21 November, 2019

Non-alcoholic beverage maker Svami gulps down pre-Series A funding

Non-alcoholic beverage maker Svami Drinks has raised Rs 7.5 crore ($1 million at current exchange rate) in its pre-Series A ......

Norwest Venture Partners closes $2 bn fund, its biggest to date

Finance

14 November, 2019

Norwest Venture Partners closes $2 bn fund, its biggest to date

Norwest Venture Partners, a former investor in Uber and Spotify, said on Thursday it closed its largest fund to date ......

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Valuations of B2B SaaS startups have become frothy: Avataar Venture's Mohan Kumar

Finance

29 October, 2019

Valuations of B2B SaaS startups have become frothy: Avataar Venture's Mohan Kumar

Avataar Venture Partners, floated by former executives of Norwest Venture Partners and Freshworks Inc., has launched its debut $300 million ......

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Norwest Venture signs single-biggest Indian startup cheque for fintech firm

Finance

24 September, 2019

Norwest Venture signs single-biggest Indian startup cheque for fintech firm

Multi-stage investment firm Norwest Venture Partners has written its single-biggest cheque to an Indian startup, backing an Indian fintech company ......

HarbourVest backs B2B fund floated by former Norwest, Freshworks execs

Finance

23 September, 2019

HarbourVest backs B2B fund floated by former Norwest, Freshworks execs

Global private equity investment firm HarbourVest Partners LLC has come in as the single Limited Partner (LP), or investor, in ......

Faasos parent, UrbanClap steal limelight in top startup funding deals this week

General

02 August, 2019

Faasos parent, UrbanClap steal limelight in top startup funding deals this week

Rebel Foods, the parent of internet kitchen platform Faasos, and home services platform UrbanClap walked away with the biggest cheques ......