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.
PharmEasy, a Mumbai, India-based app for ordering medicines and diagnostic tests, raised $17m in Series B funding.
Multiples Alternate Asset Management, an Indian private equity firm has made a controlling investment in PeopleStrong, an Indian HR Technology and Solutions company, received through a combination of primary and secondary investments.
Delhivery Private Limited, India’s largest third-party supply chain services company focused on digital commerce, received a more than US$100M private equity investment.
MarketsandMarkets, a Pune, India-based industry research and consulting company that provides research on high-growth and niche markets, secured a $56m financing.
Ideal Cures Private Limited, a supplier of ready-to-use coating products and excipients for tablets and capsules to the pharmaceutical and allied industries, received a private equity investment from TA Associates. The financial terms of the transaction were not disclosed. In conjunction with the deal, Dhiraj Poddar, Country Head of India, TA Associates Advisory Private Limited, […]
Borqs International Holding, Corp., a global provider of smart connected devices and cloud service solutions for the Internet of Things (“IoT”) industry, received an investment led by Qualcomm Ventures, the investment arm of Qualcomm Incorporated.
Fincare Business Services Limited (Fincare), a Bangalore, India-based rural-centric financial inclusion platform, closed a INR 500 Crore investment.