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Rajeev Misra’s new fund closes at $7 billion, invests in SP Group through debt-thumnail

Rajeev Misra’s new fund closes at $7 billion, invests in SP Group through debt

Rajeev Misra, a former executive at SoftBank, founded the new firm One Investment Management, which raised $7 billion in the first close and made its first step into the Indian

Finance

Jul 4, 2023

Study abroad platform Leverage Edu secures $40 million in series C funding round-thumnail

Study abroad platform Leverage Edu secures $40 million in series C funding round

Founded in 2017 by Akshay Chaturvedi, Leverage Edu has established itself as a technology-driven counseling platform offering students a comprehensive one-stop dashboard to navigate their study abroad journey.

Investment & Funding

Jul 3, 2023

NDR Warehousing bags ₹500 crores in funding from Investcorp; planning InvIT as well-thumnail

NDR Warehousing bags ₹500 crores in funding from Investcorp; planning InvIT as well

NDR Warehousing has taken a leap forward by filing a draft placement memorandum (DPM) with the Securities and Exchange Board of India (Sebi) to secure a hefty ₹1,165 crore through the InvIT. The primary purpose of these funds will be to repay construction-related loans. It is worth noting that this InvIT will be privately listed, signifying a groundbreaking milestone for a warehousing company. NDR Warehousing, a logistics infrastructure company, has struck a remarkable deal, bagging a staggering ₹500 crores in funding from Investcorp, an esteemed investor hailing from Bahrain. 

Investment & Funding

Jul 3, 2023

The Chennai-based company Kaar Technologies has raised $30 million from A91 Partners-thumnail

The Chennai-based company Kaar Technologies has raised $30 million from A91 Partners

Despite an overall investment downturn in the startup sector, business-to-business (B2B) software consultant Kaar Technologies raised over $30 million in its most recent funding round, which was headed by A91 Partners.

Investment & Funding

Jul 3, 2023

Reliance Jio in advanced talk to raise $1-1.5 billion from global banks-thumnail

Reliance Jio in advanced talk to raise $1-1.5 billion from global banks

Reliance Jio Infocomm is reportedly engaged in advanced discussions with several major global banks to secure a substantial offshore syndicated loan worth approximately $1-1.5 billion (Rs 8,200-12,330 crore). 

Industry

Jul 1, 2023

Hedge Funds’ Second Half of 2023: Strategies Amid Inflation, Rate Hikes, and Decarbonization-thumnail

Hedge Funds’ Second Half of 2023: Strategies Amid Inflation, Rate Hikes, and Decarbonization

In the latter part of 2023, hedge funds are meticulously observing the repercussions of inflation, aggressive interest rate increases, and the ongoing decarbonization process on the global economy. Notably, major

Insights

Jun 30, 2023

Launching a $50 million fund to support entrepreneurs using AI is Good Capital-thumnail

Launching a $50 million fund to support entrepreneurs using AI is Good Capital

Good Capital, a seed-stage, India-focused venture capital firm, on Friday, unveiled a new $50 million fund to support founders who are utilizing Artificial Intelligence for marketing, customer service, or business operations.

Artificial Intelligence

Jun 30, 2023

Scapia; Flipkart veteran Anil Goeteti’s travel credit card startup raises $9 million-thumnail

Scapia; Flipkart veteran Anil Goeteti’s travel credit card startup raises $9 million

Over the past year, Scapia, headquartered in Bengaluru, had maintained a secretive stance but officially unveiled itself on June 15. The company proudly offers a co-branded credit card and an

Investment & Funding

Jun 28, 2023

The agritech-focused Omnivore closes its third fund at $150 million for the first time-thumnail

The agritech-focused Omnivore closes its third fund at $150 million for the first time

Omnivore, a venture capital firm that specialises in agritech, has announced the first closing of its third fund at $150 million (about Rs. 1,250 crore). The Omnivore Agritech & Climate

Finance

Jun 28, 2023

Prosus reduces Byju’s valuation to 5.1 billion; rights off investment in ZestMoney to zero-thumnail

Prosus reduces Byju’s valuation to 5.1 billion; rights off investment in ZestMoney to zero

The latest adjustment in the fair value of Prosus’ stake in Byju’s is a significant decrease, translating to an enterprise valuation of approximately $5.1 billion compared to the $22 billion

Business

Jun 28, 2023

The Executive Centre leases 200,000 square feet for Rs 100 crore-thumnail

The Executive Centre leases 200,000 square feet for Rs 100 crore

Nidhi Marwah, Group Managing Director South Asia and Middle East of The Executive Centre (TEC), a Hong Kong-based supplier of flexible workspace, told ET that the business spent Rs 100 crore in the first half of 2023 to lease more than 200,000 square feet across 8 facilities.

Investment & Funding

Jun 27, 2023

BluJ Aero raises $2.25 million in seed funding for electric aircraft manufacturing-thumnail

BluJ Aero raises $2.25 million in seed funding for electric aircraft manufacturing

BluJ Aero, an aviation start-up, has successfully raised a whopping $2.25 million in seed funding to propel its ambitious plans of developing a revolutionary hybrid-electric VTOL aircraft.

Investment & Funding

Jun 27, 2023


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