Vibhuti Sharma
Stories by Vibhuti Sharma
India’s nascent legaltech startups pique investor interest
LegalPay has launched a $2m fund targeting legaltech companies.
Dalmia Bharat to buy Jaypee Group’s cement biz for $685m
With this agreement, Jaypee group has completely divested from the cement business.
We Founder Circle launches two new funds targeting early-stage startups
While both funds will be sector agnostic, the firm will be cautious about investing in edtech.
HUL to acquire 100% in OZiva, buys 19.8% stake in Wellbeing Nutrition
HUL has acquired 51% of OZiva for $32m and will buy the rest after three years.
India Digest: Uniqus Consultech raises $12.5m; Uolo raises $22.5m
Uolo's funding came through an equity-debt mix Series A round.
Affirma Capital, Marina III divest stake in India’s Craftsman Automation
Marina III divested its entire stake of 5.48% in Craftsman Automation Ltd for $44.9m.
Indian edtech firm Vedantu fires 385 employees in another round of layoffs
The sources said the company plans to go public by FY25-26.
BYJU’S in talks to negotiate terms for $1.2b loan amid mounting losses
It has appointed an adviser to discuss tweaks in covenants of the term loan B with creditors, Bloomberg reported.
Unacademy, Dunzo backer Blume Ventures closes largest India-dedicated fund at $250m
Blume has backed over 100 startups through multiple funds.
India Digest: RENEE Cosmetics raises $25m; Virgio snags $10m in extended Series A
RENEE also saw participation from Edelweiss Group and existing investors Equanimity and 9Unicorns.