India Deal Monitor: BlackSoil backs Brinton Pharma and more updates

Brinton Pharmaceuticals has raised about $1.35 million (Rs 10 crore) in debt funding from Mumbai based non-banking financial company BlackSoil Capital, per an announcement.

The company will use the funds for its growth plans, the company said in a statement.

Pune-based Brinton Pharmaceuticals Ltd is engaged in the marketing and distribution of branded generic drugs and differentiated brands with a focus on niche therapeutic segments, including dermatology, gynecology, anti-diabetic therapy, cardiac therapy, among others.

The company also counts Beta TC Holdings Pte Ltd and India Alternatives Private Equity Fund among its list of backers.

INDIA DEAL MONITOR

Here are prominent venture capital transactions in India from September 16-20, 2020.

Expand Table

StartupHeadquarterInvestment Size (USD)Investment StageLead Investor(s)Other Investor(s)IndustryVerticals
Brinton PharmaceuticalsPune1.35 millionDebtBlackSoil Capital-Pharmaceuticals-
FlipkartSingapore62.8 million-Tencent Holdings-RetailE-Commerce
Mobile Premier League Bengaluru75 million-SIG Global India FundSequoia Capital, RTP Global, GV Games, MDI Ventures, CE VenturesTravel & Leisure eSports
Observe.AISan Francisco54 millionSeries BMenlo VenturesNext47 Ventures, NGP CapitalSoftwareAI and Machine Learning
ZuperUS/Chennai1.1 millionSeedPrime Venture PartnersGunderson Dettemer, Gemba CapitalSoftwareSaaS
AFK GamingMumbai200,000Pre-Series AInflection Point Ventures (IPV)-MediaeSports
InfurniaBengaluru240,000-Pallav Nadhani-SoftwareSaaS
Invento RoboticsBengaluru--MSPL Limited, Chiripal Group-Consumer ServicesRobotics & Drones

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.