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Deals Digest: Slight uptick in total funding this week but volumes slump

General

07 June, 2024

Deals Digest: Slight uptick in total funding this week but volumes slump

The amount of capital raised by companies from venture capital and private equity firms edged up this week, propelled by ......

Temasek, Fidelity bet $200 mn on Lenskart in secondary deal

Consumer

03 June, 2024

Temasek, Fidelity bet $200 mn on Lenskart in secondary deal

Singapore state investment firm Temasek and American asset manager Fidelity Management and Research Company have invested $200 million (about Rs ......

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Grapevine: Temasek may top up Lenskart bet; Macquarie drops Vibrant Energy sale plan

General

25 April, 2024

Grapevine: Temasek may top up Lenskart bet; Macquarie drops Vibrant Energy sale plan

Singapore's Temasek and US-based Fidelity are nearing a $200-million investment in Lenskart through a secondary share sale, valuing the eyewear company at about $5 billion, a ......

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Tiger Global-backed Gupshup aims to maintain high growth, tests waters for IPO

TMT

19 March, 2024

Tiger Global-backed Gupshup aims to maintain high growth, tests waters for IPO

Conversational messaging unicorn Gupshup, which provides a platform for marketing, commerce, and support automation, expects to continue revenue growth in ......

SoftBank, Prosus-backed Meesho gets a valuation markup

TMT

31 August, 2023

SoftBank, Prosus-backed Meesho gets a valuation markup

Fidelity Investments, an asset management company that has invested in several publicly listed as well as privately held Indian companies, ......

Meesho pulls plug on permanent WFH policy

People

16 December, 2022

Meesho pulls plug on permanent WFH policy

SoftBank-backed e-commerce platform Meesho, on Friday announced that it is adopting a flexible work office model starting 1 June 2023, ......

Chip startup SiMa snags $37 mn from MSD, Amplify Partners, others

TMT

26 October, 2022

Chip startup SiMa snags $37 mn from MSD, Amplify Partners, others

Artificial intelligence-backed chip startup SiMa.ai has secured $37 million (around Rs 296 crore) in an extended Series B1 round led ......

Eight Roads Ventures leads Series A round in healthtech firm Doceree

TMT

06 April, 2022

Eight Roads Ventures leads Series A round in healthtech firm Doceree

Doceree Media India Pvt Ltd, which runs physician-only platform Doceree, on Wednesday said it has raised Series A funding of ......

HSBC Asset Management to acquire 100% of L&T Mutual Fund for $425 mn

Finance

23 December, 2021

HSBC Asset Management to acquire 100% of L&T Mutual Fund for $425 mn

L&T Finance Holdings will sell its mutual fund business L&T Investment Management Ltd to HSBC Asset Management (India) Ltd for ......

Fidelity, Goldman Sachs, others, infuse Rs 311.88 cr in Mapmyindia IPO as anchor investors

Markets

09 December, 2021

Fidelity, Goldman Sachs, others, infuse Rs 311.88 cr in Mapmyindia IPO as anchor investors

Delhi-based C.E. Info Systems Ltd, that owns and operates Mapmyindia, has raised Rs 311.88 crore (approximately $41.6 million) from 34 ......

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