M.Sriram
Stories by M.Sriram
Indian VC 3one4 Capital raises $62.6m across two funds
3one4 plans to invest in automation, media and content development, fintech and health.
India: Unacademy in talks to raise $100m from General Atlantic, GGV
While the funding round is expected to close within the next six weeks, more investors, such as Singapore’s sovereign wealth fund GIC, could partici
India: Stride Ventures marks first close of $71.4m maiden venture debt fund
The firm has raised about $14.2 million to mark the first close.
India’s Aye Finance gets $17.8m debt from Dutch development bank FMO
Aye Finance generally lends ₹1-2 lakh to businesses with a turnover of ₹10-30 lakh a year.
Venture capital firm India Quotient to raise $100m across 2 funds
The firm has closed its third fund of $60 million, and is also raising a $40 million opportunities fund.
India: Perfios raises $50m led by Warburg Pincus, Bessemer Venture Partners
The deal also includes a secondary share purchase from early angel investors in the company.
Advent International acquires controlling stake in Bharat Serums
The deal provides a complete exit to private equity firms OrbiMed and Kotak PE.
India’s fledgling hyperlocal delivery firms eye merger with bigger rivals to survive
Consolidation may also be the result of Flipkart’s and Amazon’s push to enter the hyperlocal delivery space.
Global setbacks put SoftBank’s funding plans in India at risk
SoftBank’s track record shows it has not made a single fresh investment in India in 2019.
Indian IT giant Tech Mahindra acquires BORN Group for $95m
BORN Group’s services include consulting, content creation, maintenance and hosting services, among others.
