Page 23 - Fundraising

SUGAR Cosmetics closes $50 million series D funding led by L Catterton

L Catterton has significant experience investing globally in the beauty and personal care space

Churchill Capital in talks with Byju's to provide $4 bn at $48 bn valuation

The edtech major has raised about $4.5 billion since it was founded 10 years ago

Dr Agarwal's Health Care raises over Rs 1,000 cr from TPG Growth, Temasek

Dr Agarwal's Group of Eye Hospitals has added more than 60 units to its network in the past five years alone

Explained: Why India is adding unicorns at a slower pace than 2021

According to a recent survey by Iron Pillar Funds, India is set to have 250 unicorns by 2025

Zepto raises $200 mn to expand its 10-minute grocery delivery across India

The firm, which was launched 9 months back by two 19-year-old Stanford dropouts, has raised $200 million Series D fundraise, valuing the quick commerce company at around $900 million

Insurtech platform Turtlemint raises $120 million in Series E funding

The latest funding round has valued Turtlemint at more than $900 million.

Truemeds raises $22mn in series B funding round led by Westbridge Capital

The company plans to utilise the funds to accelerate growth in the untapped domestic market and expand its coverage across the country

Private InvIT IRB Infrastructure Trust completes Rs 243 crore fundraising

IRB Infrastructure Developers in a statement said that post fundraise, IRB and GIC affiliates will continue to hold 51 per cent and 49 per cent, respectively, in the InvIT

Tata renewable arm raises Rs 4,000 crore from BlackRock, others

Investors, including Mubadala, to get 10.53% stake

Fintech startup BeyondIRR raises seed funding from Zerodha's Rainmatter

Udaan co-founder Sujeet Kumar also participated in the round; funding amount not revealed

Indiabulls board approves fundraising plan of up to Rs 50,000 cr

Funds can be raised via NCDs on one or more tranches as private placement

IPV launches Physis Capital with fund size of $50 mn for startups

Physis Capital will build a portfolio of 15-20 startups with an average ticket size of $2.5 million.

Startup's fundraise for cricket NFT gets Ronaldo among its backers: Report

An online platform for trading officially-licensed digital cricket collectibles, is raising about $100 million in a new funding round with backers including Cristiano Ronaldo

D2C snacks brand Happilo raises $25 mn from Motilal Oswal Private Equity

Aims to scale business to Rs 2,000 crore in revenue over the next 4 years

Pine Labs raises $150 mn from Alpha Wave, takes total to $870 mn in 7 mths

Valuation not disclosed, though one report put the figure at $5 bn

Dealshare raises $45 mn from ADIA in Series E round at $1.7 bn valuation

Aims for $3 billion of gross revenue run rate and operational profitability in next 12 months

ElasticRun, a B2B e-commerce start-up, raises $330 mn at $1.5-bn valuation

In the last round, which was Series D in April 2021, the e-commerce start-up had been valued at $400 million

Uniphore raises $400 million in Series E funding at $2.5 bn valuation

The round brings the Chennai and Palo Alto-based start-ups's total funding to date to $610 million

Kenko Health raises $12 mn in Series A funding led by Sequoia Capital

Plans to utilise funds for acquiring customers, product development and building leadership team

Debt marketplace CredAvenue acquires 75% stake in Spocto for Rs 400 cr

CredAvenue raised $90 mn in its Series A fundraise last year at a valuation of $410 million