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Bottomline: Fullerton-backed Lendingkart's FY24 profit nearly halves; revenue, AUM up

Finance

07 June, 2024

Bottomline: Fullerton-backed Lendingkart's FY24 profit nearly halves; revenue, AUM up

Lendingkart Finance Ltd, the non-banking financial company (NBFC) owned and operated by the Lendingkart Group, saw its net profit decline ......

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HealthifyMe dials foreign private equity investors for Series C cheque

TMT

01 April, 2021

HealthifyMe dials foreign private equity investors for Series C cheque

Health and fitness app HealthifyMe is in advanced talks with several global private equity firms to raise its Series C ......

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Reliance Industries hands Netmeds investors a mixed bag of returns

TMT

21 August, 2020

Reliance Industries hands Netmeds investors a mixed bag of returns

When mid-market investment bank MAPE Advisory Group decided to invest in Netmeds Marketplace Ltd in 2015, the online pharmacy venture ......

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Cred, Rebel Foods backer RTP Global set to float larger VC fund

Finance

21 January, 2020

Cred, Rebel Foods backer RTP Global set to float larger VC fund

Russian venture capital firm RTP Global, which has been investing in Indian startups since 2012, is set to float a ......

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Why VC-backed meat and fish e-tailer Licious is going offline

Consumer

27 September, 2019

Why VC-backed meat and fish e-tailer Licious is going offline

Online meat and fish ordering platform Licious, operated by Delightful Gourmet Pvt. Ltd, raised $50 million in its Series C ......

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QwikCilver's VC investors set to harvest gains from Pine Labs acquisition

TMT

25 March, 2019

QwikCilver's VC investors set to harvest gains from Pine Labs acquisition

Venture capital investors of Qwikcilver Solutions Pvt. Ltd are likely to walk away with superior returns by selling their stake ......

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Flashback 2018: Entrepreneurship bug triggers top-level churn at PE, VC firms

People

28 December, 2018

Flashback 2018: Entrepreneurship bug triggers top-level churn at PE, VC firms

For an industry in which a stable team is vital for success, the country’s alternative investment space witnessed considerable top-level ......

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Sistema Asia Fund to expand India investment mandate

Finance

14 November, 2017

Sistema Asia Fund to expand India investment mandate

Sistema Asia Fund, a $50-million venture capital fund floated by Russian conglomerate Sistema JSFC last year, is expanding its India ......

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Sistema Asia Fund investing in Bangalore-based startup

TMT

01 March, 2017

Sistema Asia Fund investing in Bangalore-based startup

Sistema Asia Fund, a $50 million venture capital fund floated by Russian conglomerate Sistema JSFC last year, has made its ......

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E-commerce segment in India is currently toxic: Sistema Asia Fund's Andrey Terebenin

General

16 February, 2017

E-commerce segment in India is currently toxic: Sistema Asia Fund's Andrey Terebenin

Sistema Asia Fund, the venture capital arm of Russia conglomerate Sistema JSFC, is looking to expand in India. The investment ......