FoodTech

Swiggy Raises $113 Mn Series I Round Led By Prosus-(20/02/2020)

Food delivery giant Swiggy has raised $113 Mn as part of its Series I funding round led by existing investor Prosus N.V.

INC42

 

Finance

Mid-market PE firm Amicus Capital invests in two-wheeler financier Berar-(20/02/2020)

Mid-market growth capital firm Amicus Capital has invested Rs 70 crore (nearly $10 million at current exchange rates) in Berar Finance Ltd, which runs a two-wheeler-focussed financing unit

VCCIRCLE

 

Consumer

IFC to invest nearly $30 mn in Future Lifestyle Fashions-(20/02/2020)

International Finance Corporation will invest Rs 213 crore ($29.7 million) in Future Lifestyle Fashions Ltd, joining private equity firms Blackstone Group Inc. and AION Capital Partners in betting on the company over the past year

VCCIRCLE

 

TMT

Shriram Automall acquires car selling portal BlueJack-(19/02/2020)

Shriram Automall India Ltd (SAMIL), which runs a vehicle exchange platform, has acquired online car selling portal BlueJack with the aim to be the largest player in the used car segment

VCCIRCLE

 

FoodTech

Foodtech startup GO DESi raises Rs 4.5 Cr from Rukam Capital-(20/02/2020)

Foodtech startup GO DESi has raised Rs 4.5 crore from Delhi-based Rukam Capital, which invests in early-stage consumer products and services companies.

 

YOURSTORY

 

Mobility

Malaysian car-sharing app Socar banks $18m in series A money-(19/02/2020)

Car-sharing startup Socar Mobility Malaysia has raised USD 18 Million in a series A funding round from new investors Eugene Private Equity and KH Energy

TECHINASIA