Madhurima Nandy
Stories by Madhurima Nandy
India: Eldeco raises $36.6m debt from Tata Capital for housing projects
The corpus raised will enable the developer to fast-track the construction of two projects.
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: Eupheus Learning acquires B2B edtech startup ClassKlap at $19m valuation
Eupheus Learning focuses on premium schools, while ClassKlap dominates affordable private schools segment.
Eupheus Learning raises $10m Series C funding from Lightrock India
Earlier this year, Eupheus raised $4.1m in a Series B funding.
Indian realty firm Arvind SmartSpaces raises $11.6m from HDFC Capital
The funding was through HDFC Capital Affordable Real Estate Fund-1.
India: Walton Street BlackSoil Real Estate Fund II hits first close at $49m
The fund has a target corpus of Rs500 crore, with a greenshoe option of Rs250 crore.
India’s Stellaris Venture Partners closes second fund at $225m
Global institutional capital forms 80% of the capital base of the second fund.
Iron Pillar invests $15m in Y Combinator-backed Indian edtech startup Skill-Lync
Y Combinator and Better Capital also invested in the $17.5m round.
Byju’s bets big on higher education with the acquisition of SG’s Great Learning
With this, Byju’s has acquired six startups in 2021, across India and the US.
Indian edtech unicorn Byju’s buys US-based online reading platform Epic for $500m
Epic offers a digital library mainly to the under-12 category of readers.
