Power2SME, an Indian ecommerce platform for small and medium companies to buy raw materials and get working capital without collateral, received a $10m equity investment from IFC, a member of the World Bank Group.
Tonbo Imaging, a manufacturer of night vision imaging systems for defense, surveillance and transportation safety markets, has secured $17m in Series B financing.
Cloud Lending Solutions Inc., a global cloud-based financial services technology company, received an investment from ABN AMRO’s Digital Impact Fund (DIF).
PlasmaGen BioSciences Private Limited, a Bengaluru, India-based biopharmaceutical company, recently closed nearly $25m in funding.
OrbiMed, a NYC-based investment firm focused on the healthcare sector, closed its third Asia-focused private equity fund, with approximately $551m in capital commitments.
Treebo Hotels, a Bangalore, India-based budget hotel network, closed a $34m Series C funding round.
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.