InCred to raise $150 mn to fund expansion plan
The company is seeking a valuation of $750-800 million for the round
Source: livemint.com
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Peepul Tree Bags $6 Mn To Scale Live Commerce Platform For Artisanal Goods
Bengaluru-based live commerce platform Peepul Tree has raised $6 Mn as part of a seed funding round from Elevar Equity.
Source: inc42.com
Weekly investors roundup: Australia's HESTA increases sustainable PE; Temasek puts VC in rural India | Asset Owners
Australian superannuation fund HESTA almost doubles its commitment to sustainability focused private equity investment program; Temasek in funding round for fintech startup focusing on rural India; and more.
Guo Shuqing Peter Wylie Vincent Van Gogh Jack Ma Sompo Holdings United Nations Sustainable Development Goals
Source: asianinvestor.net
Editor's take: The week that was — Jan 2-7
Here is the first weekly wrap-up of 2023.
Source: dealstreetasia.com
Indian startups entering 2023 while the finance crunch remains
For Indian startups, among the essential characteristics of 2022 were closed financing channels and a prolonged fundraising winter
Source: techstory.in
India: Rural fintech platform SarvaGram raises $35m from Elevar, Temasek, others
SarvaGram will use the fresh capital raised to expand its distribution network and team.
Source: dealstreetasia.com
Varthana Bags $7 Mn Debt Funding To Offer Credit Solutions To Affordable Private Schools
Varthana has raised $7 Mn in a debt funding round from US-based global investment firm MicroVest by issuing non-convertible debentures.
Source: inc42.com
Alok Mittal Led Indifi Backs In SaaS Startup BizeeBuy
As part of investment deal, Indifi will integrate with BizeeBuy and provide its support in the functioning, designing and processing of the platform
Source: inc42.com
Mental healthcare start-up Sukoon raises $15 mn from PE firm Lightrock India
The funding will be used to scale up its operations across multiple locations, expand specialist services as well as grow its network by collaborating with players already functioning in this space.
Source: businesstoday.in
Warburg Pincus to acquire Majority Stake in Vistaar Finance, India's Leading Micro-enterprise Lender
Warburg Pincus today announced that an affiliate of private equity funds managed by Warburg Pincus LLC, has entered into definitive agreements to acquire a majority stake in Vistaar Finance, an NBFC lending to MSMEs in India.
Brahmanand Hegde Warburg Pincus Narendra Ostawal Omidyar Network India Majority Stake Vistaar Finance
Source: equitybulls.com