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Lightspeed leads $40-mn funding in SolarSquare Energy

Infrastructure

12 December, 2024

Lightspeed leads $40-mn funding in SolarSquare Energy

Mumbai-based energy platform SolarSquare Energy has raised $40 million (Rs 340 crore) in its Series B funding round led by multi-stage ......

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Elevation-backed Aye Finance aims to more than double AUM, triple profit by FY27

Finance

13 August, 2024

Elevation-backed Aye Finance aims to more than double AUM, triple profit by FY27

Aye Finance, a non-banking finance company which lends to micro, small and medium sector enterprises (MSME) in India, aims to ......

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Bottomline: VC-backed fintech startup Olyv doubles revenue, turns profitable

TMT

25 June, 2024

Bottomline: VC-backed fintech startup Olyv doubles revenue, turns profitable

Fintech startup SmartCoin, which rebranded to Olyv in February this year, more than doubled its revenue in the last financial ......

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How impact investor Lightrock hit a gold mine in latest India exit

Finance

19 June, 2024

How impact investor Lightrock hit a gold mine in latest India exit

Impact-oriented private equity firm Lightrock, which is an investor in several Indian companies such as MediBuddy, Shiprocket, Niyo, Scaler, Porter ......

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VC-backed Aye Finance set to secure $30 mn in fresh capital

Finance

16 April, 2024

VC-backed Aye Finance set to secure $30 mn in fresh capital

Aye Finance, a non-banking finance company (NBFC), is set to raise $30 million (about Rs 250 crore) in fresh capital from ......

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Grapevine: KKR-controlled JB Chemicals eyes M&A; Lightrock partner on way out

General

11 December, 2023

Grapevine: KKR-controlled JB Chemicals eyes M&A; Lightrock partner on way out

Mumbai-based JB Chemicals & Pharmaceuticals Ltd, which is majority-owned by private equity firm KKR, is looking to acquire the Indian ......

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FMO-backed NeoGrowth speeds up revenue, profit growth after turning the corner

Finance

23 November, 2023

FMO-backed NeoGrowth speeds up revenue, profit growth after turning the corner

Fintech lender NeoGrowth, which came out of the red in the year through March to mark a turnaround from the damage caused by ......

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PE-backed Ummeed Housing snags $20 mn from overseas investor

Finance

18 September, 2023

PE-backed Ummeed Housing snags $20 mn from overseas investor

Gurugram-based Ummeed Housing Finance Pvt Ltd, which counts Morgan Stanley Private Equity Asia, Norwest Venture Partners, CX Partners and Lightrock (previously LGT ......

MediBuddy grabs $18 mn more from Quadria, other investors

TMT

31 August, 2023

MediBuddy grabs $18 mn more from Quadria, other investors

Healthtech platform MediBuddy has secured $18 million from existing private equity backers Quadria Capital and Lightrock as well as impact investor TEAMFund.  The ......

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Deals Digest: PE/VC funding value doubles due to HDFC Credila deal

General

23 June, 2023

Deals Digest: PE/VC funding value doubles due to HDFC Credila deal

This week’s overall funding doubled in value terms, aided by the big-ticket private equity buyout of HDFC’s education lending arm ......