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Kotak's new fund gets commitments worth over $1 bn

Finance

23 February, 2023

Kotak's new fund gets commitments worth over $1 bn

Kotak Investment Advisors, the alternative investment arm of Kotak Mahindra Bank, has received commitment for a new special situations fund ......

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Purplle looking at profitability in two years

TMT

09 January, 2023

Purplle looking at profitability in two years

Online beauty products retailer Purplle, run by Manash Lifestyle Pvt. Ltd, is aiming to become profitable in the next two ......

KreditBee raises $80 million in Series D round

Finance

02 December, 2022

KreditBee raises $80 million in Series D round

Fintech startup KreditBee, on Friday announced that it has raised $80 million as part of its ongoing Series D round ......

The Sleep Company raises fresh funds in Series B round

Consumer

03 November, 2022

The Sleep Company raises fresh funds in Series B round

The Sleep Company, an online retailer of mattresses, has received Series B funding of ₹177 crore from Premji Invest and ......

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Premji Invest seeks majority stake in The Sleep Company

Consumer

29 September, 2022

Premji Invest seeks majority stake in The Sleep Company

Premji Invest Opportunities Fund has emerged as the frontrunner to buy a significant majority stake in mattress startup The Sleep ......

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Early investors may sell Policybazaar stock

TMT

16 September, 2022

Early investors may sell Policybazaar stock

Some of the institutional investors including Premji Invest are looking to sell shares worth at least ₹2,000 crore ($250 million) ......

Shubham Housing Development Finance raises $112 mn from BII, others

Infrastructure

29 June, 2022

Shubham Housing Development Finance raises $112 mn from BII, others

Mortgage lender Shubham Housing Development Finance Company, on Wednesday announced raising $112 million (around Rs 863 crore) in a round ......

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Premji Invest-backed KrazyBee parent set to raise $75-100 mn

Finance

16 June, 2022

Premji Invest-backed KrazyBee parent set to raise $75-100 mn

The holding entity of fintech firms KreditBee and Krazybee is in advanced stages to raise around $75-100 million (Rs 585-780 ......

Purplle races to unicorn with $33 mn extended Series D round

TMT

09 June, 2022

Purplle races to unicorn with $33 mn extended Series D round

Online beauty products marketplace Purplle, operated by Mumbai-based Manash Lifestyle Pvt Ltd, has turned unicorn after raising $33 million (Rs ......

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Kotak's investment arm to raise its new "strategic" fund by October

Finance

11 May, 2022

Kotak's investment arm to raise its new "strategic" fund by October

Kotak Investment Advisors Ltd (KIAL), the alternative investment arm of Kotak Group, is set to mark the first close of ......