Anuj Suvarna
Stories by Anuj Suvarna
Indian healthcare firm Suki.AI raises $55m led by March Capital
The fresh funds will be used to make strategic investments.
India’s Spinny raises $283m from Tiger Global, others at $1.8b valuation
The additional funding takes the overall funds raised by Spinny to more than $530 million till date.
India: UpScalio invests in auto accessories brands
The brands sell car foot mats, car body covers, vertical channels, and bike body covers on Amazon and Flipkart.
Citi backs equity management platform Qapita; joins Series A round
Qapita had earlier announced a $15-million Series A fund round led by East Ventures and Vulcan Capital.
SoftBank-backed OYO names Ankit Gupta CEO of franchise and frontier biz
Gupta will continue reporting to Rohit Kapoor, CEO of OYO India & South-East Asia.
India’s Vastu Housing Finance raises $200m from Norwest-led consortium
Vastu is majority-owned by funds managed by Multiples Alternate Asset Management.
India: Meesho raises $570m led by Fidelity, B Capital, valuation doubles to $4.9b
Existing investors Prosus Ventures, SoftBank Vision Fund 2 and Facebook also participated in this round.
India’s fintech sector got $2b in investments in Jan-Jun this year
Digital banking attracted most of the investments, KPMG said in a report on the global fintech sector.
VC interest in Indian crypto firms rising despite regulatory uncertainty
As many as 13 deals worth more than $176.9 million have been completed in 2021.
