By Ishita Russell
Two-wheeler major Kinetic Group’s multi-brand superbikes venture Motoroyale is looking to raise up to Rs 100 crore from private equity funds.
The three companies are in the process of conducting due diligence on the assets, which have been put up for auction by the National Highways Authority of India
Agrawal will be based out of Mumbai and will be responsible for the firm’s central capital markets businesses.
Elawoman, a data-driven fertility platform, has raised $3 million in a Series A funding round co-led by Chiratae Ventures (formerly IDG Ventures India) and Alkemi Venture Partners.
Mobikwik plans to invest $15 million in the next one year to scale up its wealth management business
Advent has acquired all the shares held by Kedaara Capital, and a portion of the promoter Kedia family’s stake in Manjushree Technopack.
This marks Fosun’s second investment in India’s logistics sector after it backed Gurgaon-based logistics major Delhivery in March last year.
Bansal will primarily subscribe to new Ola shares and could buy a small stake through a secondary sale by existing investors.
The decline in investments was primarily on account of fewer large deals valued greater than $100 million.
Innov8 operates 13 workplaces across the National Capital Region (NCR), Mumbai, Bengaluru and Chandigarh.