Elevation Capital
Finance
Nexus Venture AUM crosses $2 bn as seventh VC fund hits final close
Nexus Venture Partners has closed a new venture capital fund focused on India and the US after raising $700 million, ......
TMT
Elevation, Accel co-lead investment in social commerce firm FreeUp
Multi-stage investors Elevation Capital and Accel have come together to back social commerce platform Free Up in a Series A ......
TMT
SarvaGram seeks to raise up to $40 mn in fresh fundraise
Maharashtra-based lender SarvaGram Fincare Pvt. Ltd, which caters to credit requirements of rural households, is raising around $40 million (around ......
Finance
Amid funding winter, Sequoia, Accel lead VC investments
Sequoia Capital led venture capital investments in India in 2022, completing 71 deals as of November, although it was 30% ......
Finance
Aye Finance eyes turnaround
Lending startup Aye Finance aims to post a net profit this financial year, rebounding from a loss last year, on ......
Finance
Marquee VCs double down on new deals in 2022 despite 'winter'
Marquee Indian and global venture capital firms including Sequoia Capital India, Tiger Global, Accel, Alpha Wave Global and Blume Ventures ......
TMT
Citymall lays off 191 employees
Cmunity Innovations Pvt Ltd, which runs online retail platform Citymall, has laid off a section of its employees, a person ......
Consumer
Fashinza ropes in WestBridge Capital, Prosus as new investors to raise $100 mn; valn at $400 mn
Business-to-business (B2B) marketplace, Fashinza has raised nearly $100 million (Rs 775 crore) in a mix of equity and debt in ......
Finance
WEH Ventures' second fund exceeds target corpus
Mumbai-based WEH Ventures has already exceeded its second fund's target corpus of Rs 100 crore and is set to announce ......
Finance
Sequoia retains most-active VC title; Alpha Wave Global new entrant
Sequoia Capital India retained its pole position as the most active venture capital firm this year while Tiger Global toppled ......