Kavya Kothiyal
Stories by Kavya Kothiyal
Fintech startup Drip Capital raises $15m from Accel, Sequoia and Wing VC
The California-based fintech startup plans to scale up operations in India and replicate the model in other geographies.
India: Sesa Hair Oil in talks to raise up to $60m from True North
True North plans to acquire a large minority stake in the Sesa Hair Oil brand which will be held under a new entity.
India: Tynor Orthotics raises $21m from Lighthouse Funds, French Thuasne
Thuasne, with manufacturing units across 11 countries, including in the US, had initially invested in Tynor in 2010, picking up a minority stake.
SoftBank’s second vision fund to provide fillip to Indian startups, say experts
SoftBank has so far done 24 deals since 2011 in India, committing more than $7 billion.
Indian microfinance lender Annapurna raises $23.2m from Oman fund
The company's existing investors include Sidbi, Incofin, Belgian Investment Organization, Sidbi Venture Capital, DCB Bank, Oiko Credit, Women’s Worl
Unicorn India eyes first close for venture debt fund at nearly $30m
Mumbai-based Unicorn India is looking to raise ₹600 crore ($89.4 million) for the debt fund. Founded in 2016 by Anil Joshi and Bhaskar Majumdar, the
Warburg Pincus acquires Legal & General’s 26% stake in IndiaFirst Life
IndiaFirst is a JV between Bank of Baroda (44%), Andhra Bank (30%) and Legal & General (26%).
Sequoia backs $30m round in FreeCharge co-founder Kunal Shah’s new venture
Shah, along with Sandeep Tandon, started FreeCharge in 2010. FreeCharge is a digital mobile payments platform which was acquired by online marketplace
India: Impact investor Menterra invests in FarmFolks
Artha Venture Challenge also participated in the round.
Minda Corp, Neuland Labs, Simplex Infra raise $122.7m through QIPs
According to data from primary market tracker Prime Database group, in 2018, 17 companies have so far raised Rs11,049.8 crore through QIPs.
