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Deals Digest: Startup funding value halves this week; M&A picks up pace

The total value of private equity and venture capital deals in India almost halved this week from the previous five-day period due to an absence of any big-ticket transaction.  Startups managed to raise $106.7 million in the week through Friday in comparison to $204.4 million in the previous week, according to ......
Private Equity Venture Capital Jindal Stainless The Souled Store Kotak Investment Advisors Ltd Anuj Suvarna

Carlyle makes a partial exit from IPO-bound Indegene

Private equity firm Carlyle has trimmed its stake in Indegene, just two years after teaming up with another investment firm to joint betting $200 million (Rs 1,500 crore then) on the healthtech venture.  Carlyle had joined hands with Brighton Park Capital, a private investment firm that focuses on software, information services, ......
Brighton Park Capital Brighton Park Capital Ranjani Raghavan Private Equity

Agritech startups catch investors' fancy with one segment gaining the most

Impact-oriented investors are pouring more money into agritech startups in India than they were just two-three years ago, with one segment in particular getting the most attention.  However, growth in the number of agritech companies that are getting funded hasn’t matched the pace at which the total amount of investments has ......
Impact Investing Impact Investors Council Kawa Capital Anuj Suvarna Venture Capital

ArcelorMittal S.A. (NYSE:MT) Receives $31.33 Consensus Target Price from Analysts

ArcelorMittal S.A. (NYSE:MT – Get Rating) has been given an average recommendation of “Moderate Buy” by the six analysts that are covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among analysts that […]
United States Us Bancorp Financial Services Group Inc Jpmorgan Chase Co York Mellon Corp American Century Companies Inc

VC-backed edtech iNurture Education buys skilling platform

INurture Education Solutions Pvt. Ltd, a Bengaluru-based company that offers higher education programmes, has sealed an acquisition to strengthen its digital offerings.  The company, which counts venture capital firms Bertelsmann India Investments, ADM Capital, Ascent Capital and GVFL Ltd as well as Dubai-based family office Kimera Ltd among its investors, has ......
United Arab Emirates Kimera Ltd Education Solutions Pvt Vnurture Education Nurture Education Solutions Bertelsmann India Investments

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SoftBank-backed Unacademy to lay off 12% of staff

Indian edtech startup Unacademy is laying off 12% of its workforce, citing a funding winter and pressure to turn profitable, according to an internal mail from the company's chief executive seen by Reuters on Wednesday. "Today... funding is scarce and running a profitable business is key," CEO and co-founder Gaurav Munjal ......
Gaurav Munjal Accenture Plc Softbank Backed Unacademy Bank Backed Unacademy Tiger Global Backed Vedantu Subscribe Now

Atica and Poltytrade raise seed funding

Software-as-a-service (SaaS) startup Atica, announced on Thursday that it has raised an undisclosed amount in its seed funding round led by Titan Capital. The round also saw participation from Rahul Talwar (DLF Family Office), Anil Goel (Byju's), Bhuvan Gupta (OfBusiness), Ramji Sundararajan (Mckinsey Palo Alto), Prashant Sood (Eros Group) amongst ......
United States Piyush Gupta Bonish Gandhi Goel Byju Ramji Sundararajan Mckinsey Palo Aakash Goel

RaphaClinics and Express Booking launched in Bengaluru and Chennai in partnership with Madhavbaug Clinics, and Neuberg Diagnostics

New Delhi [India], March 29 (ANI/SRV): RaphaCure is happy to launch the RaphaClinics in the first phase at Namma Bengaluru in association with Madhavbaug Clinics and Neuberg Diagnostics. The collaboration brings holistic wellness to the users and has the facilities such as Stress tests, TMT, ECG, Panchakarma, pathological tests, and doctor consultations.
Indira Nagar Tamil Nadu New Delhi Namma Bengaluru Madhavbaug Clinics Seven Clinics
Source: aninews.in

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