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India: GlobalBees buys home care brand The Better Home in its first acquisition
As part of the deal, the 15-member core team of The Better Home will join GlobalBees.
Indian debt platform Northern Arc Capital raises $50m from Japan’s JICA
Northern Arc will use the proceeds to cater to the credit demands of women borrowers.
India: Scaler Academy acquires online learning platform Coding Elements
Scaler Academy has also set aside a fund corpus of Rs500 million to explore other avenues of inorganic growth through acquisitions.
India’s Maharashtra state to launch another VC fund to invest in startups
The state is studying 100 companies for funding.
India may announce new rules for overseas listing in February 2022 budget
A key concern is to ensure that VC firms and other foreign investors pay long-term capital gains tax.
India: Sistema Asia Fund hires tech entrepreneur Sampathkumar P as senior partner
Sampathkumar will manage investments for the soon-to-be-launched Fund II.
Indian VC firm 3one4 Capital expands leadership team with key appointments
The VC has elevated Anurag Ramdasan to partner.
Ola, Ola Electric have plans to go public next year, says CEO Bhavish Aggarwal
Last month, Ola had started raising $500 million to find its initial share issue.
India: Adani Total Gas buys 50% stake in Smartmeters Technologies
Adani Total Gas said the acquisition is expected to be completed by next month.
India: LetsTransport ropes in former Rivigo executive as CTO
Last year, LetsTransport raised close to Rs 55 crore as part of its Series B funding round.
