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India: PE firm Kedaara picks majority stake in Great Software Lab
GS Lab aims to use the investment to accelerate business growth by leveraging global relationships of the PE firm and its partners.
KKR India appoints veteran banker KV Kamath as senior advisor
In 2021, KKR made several investments in India including in Vini Cosmetics, and Lenskart.
India: Government advisory firm Sapio Analytics acquires KGS Microsystems
KGS Microsystems has active contracts worth around $1 million and a pipeline of around $20 million, being in the process of digitizing hundreds of mil
India: Natural pet food brand Dogsee Chew raises $7m from Sixth Sense Ventures
The brand provides employment to an estimated 10,000 farmers, and has recently entered Japan and China.
India: Poonawalla Fincorp to divest stake in Magma HDI General Insurance
Sanoti Properties has agreed to acquire the direct and indirect stake of PFL in Magma HDI.
Indian edtech platform Unacademy acquires K-10 online tuition platform Swiflearn
Move to help Unacademy strengthen its position in the K-12 category.
Crypto exchange OKEx sets up $100m fund for blockchain development in Asia
OKEx recorded spot trading volume of $181b in September.
India: Trentar acquires 75% stake in drone propulsion system startup Trishula
The acquisition is a part of Trentar's ₹100-crore investment in drone manufacturing.
India: Technology-led NBFC Avanti Finance raises $15m in Series A extension
Avanti reaches 21 states covering 200 districts and is looking at expansion.
India: LoveLocal raises $18m in pre-Series B round led by Vulcan Capital
The hyperlocal e-commerce platform currently serves over 35 cities across the country.
