By Paramita Chatterjee
The latest round of funding for Shuttl comes right after it raised capital from Sequoia, Lightspeed and Times Internet.
Chennai-based startup Swadha Energies Pvt. Ltd has raised an undisclosed sum from the Indian Angel Network (IAN).
The sale process of these solar assets is being managed by investment bank Avendus Capital.
Reliance Retail currently has the license to sell Hamleys products in India.
The Malaysia-headquartered fund has raised its stake in PC Jeweller Ltd to 8.6% from 4.76% earlier.
A part of the funding will be used to augment Increff’s product offerings, while some of the proceeds will be used to enter international markets.
The private equity fund will invest in startups in education and related fields in the emerging countries of South and Southeast Asia.
WhiteHat Jr teaches coding to children between the age group of 6 and 14, thereby addressing a unique gap in the current education system in India.
Drug major Cipla Ltd is acquiring a 30% stake in South African healthcare firm Brandmed for 65 million rand ($4.6 million or Rs 32 crore).
The demands include ironing out issues related to angel tax for startups and more regulatory clarity on emerging business models.