TMT

MinionLabs Raises Funding From IAN To Scale Production, Expansion-(27/02/2020)

The round has been led by IAN investors Kaushik Rajan and R. Mohan Kumaramangalam. The fresh funds will be used to ramp up its production, bolster sales etc

INC42

 

DeepTech                                                                  

AjnaLens Bags USD 1.5 Mn Pre-Series A To Enhance AR/VR Capabilities-(27/02/2020)

Maharashtra Defence and Aerospace Venture Fund led the funding round. AjnaLens is also planning to invest this fund for market expansion

INC42

 

Manufacturing

Warburg Pincus to invest USD 150 mn in Apollo Tyres-(26/02/2020)

Warburg Pincus, one of the most prolific private equity firms in India, will invest INR 1,080 crore (about USD 150 million) in Apollo Tyres Ltd as it continues to expand in the world’s fifth-largest economy

VCCIRCLE

 

Finance

Ummeed Housing Finance raises INR 164 Cr from Morgan Stanley PE, others-(27/02/2020)

Gurgaon-based Ummeed Housing Finance Private Limited (UHFL) raised INR 164 crore (USD 23.5 million) equity funding in a Series D round, led by global investor Morgan Stanley Private Equity Asia, which acquired a minority stake

YOURSTORY

 

 

Social Tech

New energy: USD 1.5 million pre-Series A round to help Josh Talks go international-(27/02/2020)

Gurugram-based social tech startup Josh Talks is expanding its vernacular reach in Southern and Northeastern India by launching channels in Kannada and Assamese

ECONOMICTIMES

 

Mobility

Ride-hailing app earlier funded by Sea targets USD 7 Mn in Octava-led round-(27/02/2020)

Singapore ride-hailing app Ryde is looking to raise SGD 10 million (USD 7.16 million) in an ongoing round

TECHINASIA

 

EdTech     

Thai edtech startup Quest raises seed funding from Reapra, others-(28/02/2020)

Quest, a Thailand-based coding education platform, announced that it has closed a six-digit seed funding round with Singapore-based VC firm Reapra and angel investors

TECHINASIA