Kavya Kothiyal

LEAP India in talks to raise $43.5m fresh funding round

The company is raising $43.5 million funding from global investors and a few existing investors.

India: IIFL-backed 5Paisa.com to raise $15m via rights issue to enter P2P lending

5Paisa has applied for a P2P licence with the Reserve Bank of India and is waiting for the approval.

Tendulkar-backed Smaaash Entertainment looks to raise $73m in IPO

Smaaash will use the cash proceeds to fund its inorganic growth initiatives, repay part of its debt and for its working capital requirements.

Niche consumer product startups witness interest revival from VC, PE investors

Since 2015, PE and VC investors have put in $613 million in food and beverage consumer brands.

Kalaari-backed fintech startup Rubique in talks to raise up to $25m

Existing investors, including Kalaari Capital and Japan’s Recruit Group, and Russian venture capital management company Emery Capital are likely to participate in the new round.

US-based Unreasonable Capital invests in Indian edtech startup

Unreasonable Capital, an early stage investor focused on emerging markets, has made its maiden foray into Asia with an investment in a research-based education tech company India called Stones2Milestones.

Artha India Ventures makes first close of maiden fund at $5.8m

AVF is an early stage fund targeting a total corpus of ₹200 crore with a green shoe option of another ₹100 crore in next 6-12 months.

Inventus aims at first close of $25.4m for maiden India fund

Founded in 2007 by Kanwal Rekhi, Samir Kumar and John Dougery, Inventus has so far raised two funds totalling $158 million.

Temasek-backed InnoVen seeks to tap follow-on venture debt opportunities

InnoVen Capital sees a major opportunity for follow-on investments in the venture debt market as growing startups seek to diversify their funding requirements.

India’s IndusInd Bank acquires IL&FS Securities Services

IL&FS Securities Services Limited, incorporated in July 2006, is a capital markets intermediary for professional clearing, depository and custodial services.