SoftBank To Increase Stake By 3.28% In Logistics Startup Delhivery

Masayoshi Son-led SoftBank, which already holds 22.44% major stake in Gurugram-based logistics startup Delhivery, has decided to increase its stake in the company by 3.28%.

Source: INC42


Real Estate Tech

NoBroker Raises USD 50 Mn Series D Funding Led by Tiger Global

Real estate platform NoBroker has raised USD 50 Mn Series D funding round led by Tiger Global. The company’s existing investor General Atlantic had also participated in this round.

Source: INC42


Consumer Lifestyle

Info Edge Writes New Cheque To Grooming Products Maker Happily Unmarried

Info Edge (India) Ltd, the technology firm which owns and operates portals such as job site Naukri.com, has invested INR 6 crore (approximately USD 844,200 at current exchange rates) in Happily Unmarried Marketing Pvt. Ltd (HUMPL), a lifestyle brand that sells grooming products.




Two-Wheeler Maker Hero Electric Ropes In Foreign Investor

Hero Electric Vehicles Pvt. Ltd has raised fresh capital in a round led by a Europe-based private equity firm.




Bollywood Singer Sukhbir Invests In Health-Tech Startup Mengage In An Extended Seed Round

MEngage Technologies Pvt. Ltd, a health-technology startup that provides a doctor-patient engagement platform, has raised USD 100,000 in an extended seed funding round from a clutch of investors, including Bollywood singer Sukhbir Singh.




Shubh Loans Gets USD 4.8 Million

Bengaluru-based digital loan facilitating startup Shubh Loans has raised USD 4.8 million (INR 34 crore) from Omidyar Network India, as part of its Series-A round of funding.