Inflection Point Ventures Launches $50 Million VC Fund, To Invest In 15-20 Startups
Inflection Point Ventures (IPV), an early-stage angel investing firm, has launched its CAT-II Alternative Investment Fund Physis Capital. It is a $50 million venture capital fund with a green-shoe option…
Ninjacart Launches $25M Seed Fund To Back Agritech Ecosystem
Ninjacart, an Indian agritech platform, has launched an agri seed fund worth $25 million to support emerging and new-age agritech startups. Through this agri seed fund, which is expected to…
Tata Digital-backed Cult.fit Acquires Gold’s Gym India Business
Cult.fit, a Bengaluru-based health and wellness platform, has announced the acquisition of a majority stake in F2 Fun & Fitness India Pvt Ltd, thereby becoming the master franchise partner for…
Edtech Unicorn upGrad to acquire Gurugram-based Talentedge
Edtech unicorn upGrad has announced that it is set to acquire Gurugram-based Talentedge, which is India’s fourth-largest online higher education company, for around Rs 350-400 crore. The edtech unicorn has…
Mumbai-based Merisis Advisors To Raise A Dedicated Startup Fund
Merisis Advisors, a Mumbai-based investment banking firm, is raising a dedicated startup fund as it seeks to tap opportunities from the pandemic-led digital growth. The fund named ‘Merisis Opportunities Fund‘…
VC Firm Jungle Ventures Raises $225 Million To Invest In India, Southeast Asia Startups
Jungle Ventures, one of Southeast Asia’s largest independent venture capital firms, has raised $225 million in the first close of its fourth fund. Through this fourth fund, Singapore-based VC firm seeks…
Delhi-NCR Startup Ecosystem Raised $6.7 Billion Funding Across 270 Deals In 2021
With a tremendous inflow of capital, the Indian Startup ecosystem is growing rapidly. In the first eight months of 2021, Indian startups raised $26 Billion in funding, hitting an all-time…
Facebook Partners With Indifi To Provide Easy, Collateral-free Loans To SMBs
Facebook India has launched a ‘Small Business Loans Initiative’ programme and partnered with online lending platform Indifi to provide easy, collateral-free loans to small and medium businesses (SMBs). The announcement was made…
Info Edge Acquires HR Tech Startup DoSelect For Rs 21 Cr
Info Edge, the parent company of recruitment portal Naukri.com, has acquired Bengaluru-based HR technology startup DoSelect for Rs 21 crore. As per the company, the acquisition of DoSelect will further…
CoinSwitch Kuber Looks To Double Team Size In 6 Months
Indian crypto exchange CoinSwitch Kuber has announced that it expects to double its team to over 300 over the next six months. As per the company, it is also strengthening…