SoftBank Group is in talks to invest $35 million in Indian car service and repair firm GoMechanic, in what would be one of the Japanese investor’s smallest bets in India by its Vision Fund, which typically signs...
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CashFlo raises ₹70 cr in funding round led by General Catalyst
CashFlo, a finance automation and payments platform, on Tuesday, raised approximately ₹70 crore in its second round of funding led by General Catalyst. Investors including existing Elevation Capital also participated in...
StayVista raises ₹40 cr from DSG, others
Hospitality firm Stay Vista Pvt. Ltd on Tuesday said it has raised ₹40 crore in a Series B funding round led by existing investor DSG Consumer Partners, with participation from Capri Global and CA Holdings. The company...
Chennai fintech IppoPay buys risk management startup Tutelar
IppoPay, a Chennai-based payment gateway firm backed by Coinbase Global, Better Capital and Blume Founders Fund, has acquired a risk management startup Tutelar for an undisclosed amount. Tutelar enables AI-based risk...
Tata Sons plans to raise $4 bn for Air India
Tata Sons Ltd, the holding company of the Tata group, plans to raise as much as $4 billion to infuse fresh capital into Air India and refinance costly debt, two people directly aware of the matter said. Tata plans to...
Reliance Power to get debt funding from PE firm Varde Partners
Värde Partners, a global investment firm focused on credit and distressed assets in India, has signed an agreement to invest in former billionaire businessman Anil Ambani group’s Reliance Power Ltd. (RPL). “On September...
Reliance retail arm acquires control of Insight Cosmetics
Reliance Retail Ventures Ltd (RRVL) has bought a controlling stake in makeup and personal care brand Insight Cosmetics, said two people aware of the deal, marking the entry of the billionaire Mukesh Ambani-owned company...
Ranveer Singh invests in beauty company Sugar Cosmetics
Bollywood actor Ranveer Singh has invested in homegrown beauty company Sugar Cosmetics. Singh’s investment comes after the company that started out in 2015 as a direct-to-consumer beauty brand raised $50 million in...
Two-wheeler financing firm Bike Bazaar raises ₹170 cr in equity funding
Bike Bazaar, a two-wheeler financing firm, raised ₹170 crore in equity funding on Thursday. The fresh capital is part of its ongoing Series D fundraise, and is secured from a consortium led by Women’s World...
Captain Fresh close to buying Beaver Street
Captain Fresh, a business-to-business seafood marketplace, is close to acquiring US-based Beaver Street Fisheries at an enterprise value of $600 million, three people aware of the matter said. The farm-to-retail...
D2C brand Floryo raises $2 million in Pre-Series A funding led by 3one4 Capital
Floryo, a Bangalore based D2C brand, has raised $2 million in a Pre-Series A investment round headed by 3One4 Capital. The fundraising round was also attended by prominent investors like Vivek Gupta and Abhay Hanjura...
NDTV promoters seek Sebi clarity on conversion of warrants issued to VCPL
The promoter of New Delhi Television Ltd (NDTV), RRPR Holding Ltd, has approached markets regulator Securities and Exchange Board of India (Sebi) seeking clarity on warrants that were issued to VCPL. The company has...
