Sapience Analytics, a Pune, India-based provider of employee productivity software, secured an undisclosed amount of funding.
Swarna Pragati, an Indian affordable rural housing microfinance company, raised INR 500m in debt funding.
Ezetap, a Bangalore, India-based mobile payments provider, secured $16m in funding.
Capital Float, an Indian provider of working capital finance and business loans to SMEs, raised $45m in Series C funding.
Youngsters often make mistakes like taking too much time to invest, indulging into unnecessary items, and dipping deep into savings for retirement etc., and then regret around the age of 50 years when they actually need money.
InnerChef, an Indian foodtech company, raised a funding of undisclosed amount.
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.