TMT

Abu Dhabi Investment Authority Bags 1.16% Stake In Reliance Jio For INR 5.6K Cr

Earlier, Mubadala had announced an investment of INR 9.093.60 Cr in Jio Platforms
Reliance Jio has raised INR 97,885.65 Cr from leading investors in less than 7 weeks
Saudi Arabia’s Public Investment Fund (PIF) may also invest in Jio
 

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Logistics

German fund backs InfraPrime in another India logistics-tech bet
Just weeks after India debut, a German venture capital and private equity firm has made another logistics-tech bet

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Rental

RentoMojo Is Raising INR 29.19 Cr From GMO, Hack VC & Gautam Dalmia
RentoMojo has been on a fundraising spree and secured INR 22.42 Cr on June 1. It is raising funds to meet its growth objectives and to strengthen its financial position. RentoMojo CEO Geetansh Bamania said Covid-19 is an inflexion point for the rental industry
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HealthTech

DocsApp and MediBuddy announce merger, joint entity raises $20M in Series B funding
Together, the combined entity will cater to the healthcare needs of over three crore Indians, with a partner network of over 90,000 doctors, 7,000 hospitals, 3,000 diagnostic centres and 2,500 pharmacies covering over 95 percent of all pin codes in India.

Yourstory
 

HealthTech

Fertility platform IVF Access raises $5M from Vertex Ventures SEA & India
IVF Access will use this funding to set up IVF clinics across India that provide assisted reproductive treatments, enabled by a proprietary IT platform.

Yourstory
 

TMT

ReNew Power, Northern Arc get debt funding from US development bank
The US International Development Finance Corporation (DFC) is extending about $300 million in loans to a bunch of Indian companies including green energy developer ReNew Power Pvt. Ltd and non-bank lender Northern Arc.
 

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