Ola (Ani Technologies Pvt. Ltd), an Indian cab-hailing company, raised $36m in funding.
Karvy Computershare, a Hyderabad, India-based provider of investor and issuer services for the asset management industry and Indian corporations, received an investment from General Atlantic.
Biotech company Advanced Enzyme Technologies Limited acquired evoxx technologies GmbH, a German industrial biotechnology company.
Saif Partners, a Gurgaon, India-based venture capital firm, closed its latest fund, at $350m.
Casa2 Stays Pvd Ltd, the owner and operator of FabHotels.com, an Indian budget hotel brand, secured $25m in Series B funding.
OurCrowd, a global equity crowdfunding platform, signed a strategic collaboration agreement with LetsVenture, India’s largest marketplace for startup funding.
Nivesh.com, a Noida, Uttar Pradesh, India-based innovative mass market mutual funds investment platform targeting mainly the highly potential markets in the tier 2 and 3 cities of India, raised an angel funding of undisclosed amount.
The Indian insurance regulator, on 13th May, in a gazette notification, proposed new rules for websites that allow individuals to compare a range of general and life insurance policies, and then purchase a suitable policy. These new rules are not to cause any disruption but to reduce vagueness only.
Dodla Dairy Limited, a Hyderabad, India-based fresh dairy product company offering a wide range of milk products throughout South India, raised $50m in funding.
Bookmytrainings.com is a Bangalore, India-based provider of an online training marketplace. Launched in 2011, the company has since expanded in major cities nationwide serving both professionals as well as enterprises.
Head InfoTech India Pvt. Ltd, an operator of an online skill based gaming platform in India, received a US$73.7m investment.
UiPath, a robotic process automation software company, raised $30m in Series A funding.
VideoKen, Inc., a Princeton, New Jersey- and Bengaluru, India-based provider of an artificial intelligence powered video learning platform, raised $1m (approx. Rs 6.4 crore) in funding.
LVH, LLC, a holding company that develops and operates fintech businesses, closed an over $10m Series A funding round.
Nexus Venture Partners, an India and U.S. based venture capital fund, has added Ram Gupta to its operations and investment team.