Page 3 - Corporate Fundraising

Qube Health raises undisclosed sum in Inflection Point-led pre-series A

Other investors in this round are Mohit Burman (Dabur Group), Keiretsu Forum (NCR, Bengaluru & Chennai Chapters) and a group of other marquee Indian and International HNIs

Meesho becomes unicorn after SoftBank-led $300-million fundraise

Social commerce opportunity in India is pegged at $16-20 billion by 2025

SME-focused startup Flobiz raises $10 million from Elevation, others

Flobiz said it has raised $10 million (about Rs 72.5 crore) in a series-A round from Elevation Capital and existing investors Greenoaks Capital and Beenext

Aqua Security raises $135 mn to hit $1 bn-valuation, to focus on India R&D

With about 50 employees in the country, India is Aqua's strategic centre and it is going to double its investment here in 2021

Web Werks raises $150 mn from Iron Mountain to fuel India expansion

Iron Mountain will be majority stakeholder in the venture, deal will allow Web Werks to speed up expansion across Indian cities and build capacity

Adani Ports raises $750 mn via issue of fixed rate senior unsecured notes

Adani Ports and Special Economic Zone (APSEZ) on Tuesday said it has raised $750 million (about Rs 5,600 crore) by issuing fixed rate senior unsecured notes.

Sharechat in talks with Sequoia Capital to raise around Rs 1,500 cr

Indian social media app Sharechat is in talks with US-based venture capital firm Sequoia Capital to raise around Rs 1,500 crore, according to a source.

App-based consumer credit provider MoneyTap aims at Rs 5,000 cr loan book

Firm has raised Rs 500 cr in equity and debt. It was launched in Sept 2016 as India's first app-based consumer credit line three serial entrepreneurs

Curbs on CICs could limit fundraising abilities of big corporate groups

The proposed curbs on core investment companies will make it tough for large corporate groups to funnel capital as they did in the past

Freshworks valuation hits $3.5 bn after $150-mn Series-H fundraising

The financing, subject to customary closing conditions, including US antitrust regulatory clearance, is expected to close by year-end

Continuos exits, struggle to raise new funds: Urban Ladder's uphill task

While it is not unusual for co-founders of startups to hang up their boots after some years - recently, Zomato co-founder Pankaj Chaddah also moved on - for Urban Ladder this is quite a blow

Corporate fundraising shrinks in FY17 as capacities sit idle

Banks' incremental credit-deposit ratio at 22% in FY17; tepid numbers in bonds, ECBs and equities