Search Results for:Pramugdha Mamgain

India Digest: Matrix backs F&B brand &ME; CarDekho parent acquires PowerDrift

Matrix Partners India has invested an undisclosed sum in women-centric food and beverage brand &ME.

India Digest: Prateek raises $39m; Oyo eyes valuation of $4b; Ebix earmarks $500m for M&As

Prateek Group has raised about $39 million from Piramal Capital and Housing Finance for its housing project in Ghaziabad.

Openspace Ventures closes second Southeast Asia fund at $135m, LPs include Temasek

Openspace now has secured $225 million in total committed capital from its limited partners.

India Digest: CCI clears Adani-Ruchi, Teleperformance-Intelenet deals; Future Retail may get foreign investor

Adani Wilmar had emerged as the highest bidder for Ruchi Soya with an offer of about Rs 6,000 crore.

India Digest: Carlyle may back BDR Pharma; PE funds eye Esskay; Bain in race for Max Healthcare

Bain is looking to buy the stake from South Africa’s Life Healthcare in a deal valued between $450-$540 million.

India: Voice AI startup Observe.AI raises $8m led by Nexus Venture

The round also saw participation from MGV, Liquid 2 Ventures, Hack VC and existing investors Emergent Ventures and Y Combinator.

IFC seeks to invest $21m in Leap India’s fresh funding round

The investment will help the company meet capital expenditure for the next five years, grow operations, and achieve next stage of growth.

India Digest: Jet Airways plans $400m stake sale; Blackstone may sell Pune assets to Xander

The airline is also trying to monetise the frequent flyer programme it co-owns with partner Etihad Airways.

India Digest: Star US injects $75m in Hotstar; HappyEMI nabs $1m; TVS ups Ultraviolette stake

Hotstar, which competes with Amazon Prime and Netflix, raised the funding at a valuation of Rs 1,849 crore (around $270 million).

India Digest: Bugworks raises $9m; Sequoia eyes Wakefit; Sminq to raise $8-10m; Amazon to support MSMEs

Wakefit is in advanced talks with three venture capital funds including Sequoia Capital to raise about $6 million.