Meera Vankipuram
Stories by Meera Vankipuram
India: Prime Venture Partners to back up to six firms in fintech, SaaS, healthcare this year
Prime Venture Partners will also make follow-on investments in some of its portfolio firms, from its $72-million third fund.
IoT startup Skylo raises $103m Series B round led by SoftBank
Skylo’s customers include entities in the automotive, railways, agriculture and maritime sectors.
Flourish Ventures eyes embedded finance firms, neo-banks in India
In March 2019, Omidyar Network had spun off its financial inclusion initiative to launch Flourish Ventures.
Unitus Ventures eyes investments across jobtech, fintech, healthcare sectors
The venture firm is at present investing from its second $42-million fund.
US-based Syneos invests in Indian healthtech firm Indegene’s unit
Syneos Health is said to have invested $20 million in Indegene Omnipresence.
Sachin Bansal’s investment firm Navi acquires MavenHive
Navi has invested in startups and NBFCs including Altico Capital India Ltd and Indostar Capital Finance Ltd.
Indian fintech MSME lender Aye Finance raises $15.2m from BlueOrchard
The company will use the latest investment primarily to increase its on-lending to customers.
Logistics unicorn Rivigo to raise $20m in Series F funding
The fresh fundraising round appears to be at the same valuation as the previous one.
Former Indian cricket captain Gavaskar invests in Binca Games
The startup, founded in 2014, offers games that are available across India and in the UK.
Hyperlocal discovery app magicpin clocks $1b GMV, to deepen SEA footprint
The company may expand into emerging markets in South East Asia over the next few years.
