Finance

Early Stage Investor Firm Kae Capital To Raise USD 60 Mn For Third VC Fund

Early-stage investor Kae Capital is reportedly in talks to raise its third venture capital fund of up to USD 60 Mn. With the new funding, the company is expected to increase its funding ticket size to start from a million, compared to the existing ticket size of USD 500K-800K.

Source: INC42

 

E-Commerce

ShoeKonnect Is Raising USD 1.5 Mn From Info Edge And New Investor

Agra-based business-to-business (B2B) marketplace for leather products ShoeKonnect is raising INR 11 Cr (USD 1.5 Mn) in Series C funding round.

Source: INC42

 

Consumer Lifestyle

Lenskart Is Raising USD 55 Mn Series F Funding From Kedaara Capital

Delhi-based eyewear startup Lenskart has passed a resolution to raise INR 392 Cr (USD 55.18 Mn) from private equity firm Kedaara Capital.

Source: INC42

 

E-Mobility

Electric Vehicle Tourism Startup B:Live Raises INR 4 Cr Funding For Expansion

Goa-based electric vehicle tourism startup B: Live has raised INR 4 Cr (USD 563.18K) in a fresh funding round from DNA Entertainment Networks, which the latter called a strategic investment.

Source: INC42

 

FinTech

OkCredit raises Series B funding from Lightspeed, Tiger Global

Fintech firm OkCredit has raised USD 67 million (INR 476.2 crore) in its Series B round of funding led by Lightspeed and Tiger Global, the company said in a statement on Friday.

Source: VCCIRCLE

 

FinTech

Fintech lender NeoGrowth raises debt funding from Proparco

NeoGrowth Credit Pvt. Ltd, a small and medium enterprises-focused fintech lender, has raised USD 17 million (INR 120.8 crore) in debt financing from France’s Proparco SA.

Source: VCCIRCLE