Search Results for:Kavya Kothiyal
SoftBank has so far done 24 deals since 2011 in India, committing more than $7 billion.
The company’s existing investors include Sidbi, Incofin, Belgian Investment Organization, Sidbi Venture Capital, DCB Bank, Oiko Credit, Women’s World Banking and Bamboo Capital Partners.
Mumbai-based Unicorn India is looking to raise ₹600 crore ($89.4 million) for the debt fund. Founded in 2016 by Anil Joshi and Bhaskar Majumdar, the VC firm had launched its maiden fund last November.
IndiaFirst is a JV between Bank of Baroda (44%), Andhra Bank (30%) and Legal & General (26%).
Shah, along with Sandeep Tandon, started FreeCharge in 2010. FreeCharge is a digital mobile payments platform which was acquired by online marketplace Snapdeal for $450 million in April 2015.
Artha Venture Challenge also participated in the round.
According to data from primary market tracker Prime Database group, in 2018, 17 companies have so far raised Rs11,049.8 crore through QIPs.
Almost half-a-dozen first-time venture capital investors have made their debut since the beginning of this year.
The fund will predominantly target domestic institutional investors, high net worth individuals (HNIs) and leading companies. It has already achieved a first close of Rs110 crore ($16.15 million).
Trifecta Capital raised Rs500 crore ($75 million) in its maiden debt fund and aims to fully exhaust the fund by the next quarter.