Search Results for:Kavya Kothiyal

SoftBank’s second vision fund to provide fillip to Indian startups, say experts

SoftBank has so far done 24 deals since 2011 in India, committing more than $7 billion.

Indian microfinance lender Annapurna raises $23.2m from Oman fund

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.

Unicorn India eyes first close for venture debt fund at nearly $30m

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.

Warburg Pincus acquires Legal & General’s 26% stake in IndiaFirst Life

IndiaFirst is a JV between Bank of Baroda (44%), Andhra Bank (30%) and Legal & General (26%).

Sequoia backs $30m round in FreeCharge co-founder Kunal Shah’s new venture

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.

India: Impact investor Menterra invests  in FarmFolks

Artha Venture Challenge also participated in the round.

Minda Corp, Neuland Labs, Simplex Infra raise $122.7m through QIPs

According to data from primary market tracker Prime Database group, in 2018, 17 companies have so far raised Rs11,049.8 crore through QIPs.

Indian startups attract attention of new venture capital investors

Almost half-a-dozen first-time venture capital investors have made their debut since the beginning of this year.

India: Northern Arc launches its sixth debt fund, targets $23m

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 targets to raise $112m second venture debt vehicle

Trifecta Capital raised Rs500 crore ($75 million) in its maiden debt fund and aims to fully exhaust the fund by the next quarter.