Ishita Russell

Senior Writer & Content Specialist, India
Email: ishita@dealstreetasia.com

India: General Atlantic, Tencent pump in more funds into Byju’s

In December last year, Byju’s had raised $540 million as part of a funding round led by Naspers Ltd.


Indian NBFC Aye Finance raises $33.34m funding led by Falcon Edge

The Series D equity round also saw participation from existing investors CapitalG, LGT and MAJ Invest.


India: Beverage brand Paper Boat owner draws high investor interest for fresh round

Paper Boat is looking to raise $25-30 million at a valuation of around $200 million.


India Dealbook: Bulbul gets $500k funding; HomeCapital secures pre-Series A round

Bulbul had earlier raised two rounds of funding of $1 million in 2016 and $200,000 in seed capital in 2015.


India: Delivery Hero said to be leading $62m funding in Zomato

Delivery Hero is leading the round with Rs 350 crore for a 2.26 per cent stake in Zomato.


India: CDC-backed Ayana raises $330m for renewable energy investments

Ayana has secured the capital commitment from parent CDC and new investors EverSource Capital and the National Investment and Infrastructure Fund of India (NIIF).


India: Convergent Finance strikes first deal, leads $22m funding in Hindustan Foods

Existing investor Sixth Sense Ventures has also reportedly participated in the round.


India Digest: RIL eyes majority in Grab a Grub; JWT, Wunderman merge ops

Grab a Grub has raised over Rs 30 crore from investors like Oliphans Capital, SIDBI and Sixth Sense Ventures.


PE investments drop to 5-year low in HK in 2018, VC deals reach record highs

The venture capital investments in country, however, reached new highs in 2018 crossing $2.3 billion.


India Digest: Amazon eyes Future Coupons stake; PE funds in talks to back Faasos

Amazon was earlier in talks to buy stake in Future Retail, which runs more than 1,200 stores across food, grocery and general merchandise.