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InCred Alternative Private Investments (InCred Alternatives) has closed its first special opportunities credit fund at a hard cap of Rs 1,500 crore, per an announcement. The close-ended Category II Alternative Investment Fund (AIF) - InCred Special Opportunities Fund-I - received commitments from domestic family offices, ultra-high-net-worth individuals, and international investors. "India's private credit market is at an early but decisive stage of institutionalisation and is very different f ...Read More >
NowPurchase has raised nearly $8.5 million (Rs 80 crore) led by Bajaj Finserv, while Bachatt has raised $12 million in its Series A round of funding led by Accel. Bajaj Finserv leads $8.5m funding in NowPurchase NowPurchase, an AI-enabled B2B platform that helps metal manufacturers optimise production and procure raw materials, on Wednesday announced that it has raised nearly $8.5 million (Rs 80 crores) led by Bajaj Finserv. The funding also saw participation from existing investors InfoEdge ...Read More >
VMPL Bengaluru (Karnataka) [India], August 14: The Federation of Indian Chambers of Commerce and Industry (FICCI) and AMPIN Energy Transition, in collaboration with Deloitte & Sumitomo Corporation, successfully concluded its pivotal seminar titled 'Renewable Energy Transition for Commercial and Industrial Consumers in the Southern Region' at Hotel Taj MG Road. The event brought together a diverse group of industry leaders, policymakers, and C&I consumers who discussed the roadmap to achieve 100 ...Read More >
Shivalik Small Finance Bank (SSFB) has raised nearly $11.4 million led by SMBC Asia Rising Fund-Japan. In another development, Refold AI, an enterprise AI startup, has raised $6.5 million in seed funding. Shivalik Small Finance Bank secures $11.4m Shivalik Small Finance Bank (SSFB) on Thursday announced that it has raised nearly $11.4 million (Rs 100 crore) led by SMBC Asia Rising Fund-Japan, the corporate venture capital arm of Sumitomo Mitsui Banking Corporation (SMBC). The funding also saw ...Read More >
Jumbotail, a business-to-business (B2B) marketplace for food and grocery products, on Monday said it has raised $120 million in a funding round led by Standard Chartered's investment arm SC Ventures. The latest fundraise, which also saw participation from existing investors including Artal Asia, brought Jumbotail's total capital raised to $263 million. Earlier this year, Jumbotail acquired Solv, an online B2B platform facilitating MSMEs to sell their products to retailers and other businesses, ...Read More >
WarmUp Ventures Founders L to R - Rajendra Lora ,Yogesh Chaudhary , Sharad Bansal Athera Venture Partners has roped in HDFC AMC's fund of funds as an LP for its Fund IV, while Warmup Ventures is launching its second fund. HDFC AMC invests in Athera's Fund IV Tech-focused venture capital fund Athera Venture Partners, formerly known as Inventus India, on Wednesday said that HDFC's fund of funds has invested in its Fund IV, which is scheduled to close in 2025. HDFC AMC's Select AIF FoF I Scheme ...Read More >
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