Madhurima Nandy
Stories by Madhurima Nandy
Indian asset management firm Integrow to raise up to $136m for first real estate fund
It will raise the capital mainly from high-net-worth individuals and single-family offices.
India: B2B marketplace Jumbotail raises $4.6m debt from Alteria Capital
The debt round follows a $25 million equity round that was concluded in January this year.
India: Lockdown in 2nd wave challenging, says Amazon’s Amit Agarwal
Agarwal said Amazon India will continue to support small businesses, who are looking to ramp up their online presence.
Flipkart unit, Ace Turtle JV get licensing rights for Toys’R’Us in India
Walmart-backed Flipkart Group will now compete with Reliance Brands that owns premium toy chain Hamleys.
Artha Venture Fund hits final close of debut fund at $30m, to invest in 12-15 startups
Over fifty limited partners participated in the fund.
India: CPP Investments to acquire stake in Phoenix Mills’ mall
CPP Investments will pick up will an equity stake of 49% in Mindstone Mall Developers in tranches.
India: Logistics SaaS startup FarEye raises $100m led by TCV, Dragoneer
Existing investors Eight Roads Ventures, Fundamentum Partnership, and Honeywell also participated.
Indian ride-hailing giant Ola expands UK board, names non-executive chairman, director
Ola launched in UK in 2018 and currently operates across 27 local authorities.
India: Motilal Oswal Real Estate hits first close of new fund at $86.6m
The new fund has been raised from high net-worth individuals and family offices.
Spacetech startup Agnikul raises $11m Series A funding led by Mayfield India
Existing investors pi Ventures, Speciale Invest, and Artha Venture Fund also invested.
