International asset management companies Incofin and Maj Invest collectively invest USD 13 million in India’s leading rural financial services conglomerate, SAVE Group. The funding comes from Incofin India Progress Fund and Maj Invest Financial Inclusion Fund III K/s. Established in 2009, SAVE has emerged as a trailblazer in India’s Banking Business Correspondent (BC) Network, serving … Read more
International investors Franklin Templeton, VPE Capital and Vedra Partners are among a growing number of firms targeting Kazakhstan, according to a major new report. Economic and political reforms are helping transform sentiment towards Kazakhstan – attracting prominent investors as well as businesses, with satellite company OneWeb and US technology group Honeywell the latest companies to commence operations in the … Read more
An early-stage technology focussed fund, Silverneedle Ventures today announced the launch of their INR 100 Crore Fund. Their first investment is in the creator monetization platform Knorish. Silverneedle Ventures (SNV) has invested an undisclosed amount of funding in a Pre-Series A extension round of the startup. The round is backed by marquee investors such as … Read more
SentinelOne, an autonomous cybersecurity platform company, today announced the launch of S Ventures, a $100 million fund to invest in the next generation of category-defining security and data companies. “SentinelOne pioneered a data-driven approach to delivering autonomous cybersecurity. Our early days were defined by the support of our investors, who saw the power and promise … Read more
ORAI, a conversational AI platform, has raised INR 6.5 crore in a Pre-Series A round headed by Inflection Point Ventures, one of India’s most well-known angel investment platforms. ORAI is solving a major problem by providing 100 percent AI-powered automation with all advanced capabilities in a single bot that handles all customer care, customer outreach, … Read more
Groyyo, a B2B Manufacturing and Automation start-up based in Mumbai, announced today that it has raised $4.6 million in a seed round led by Alpha Wave Incubation (AWI), which is supported by DisruptAD, ADQ’s investment platform, and managed by Falcon Edge Capital. Deepak Jain (Partner & Manufacturing Lead, Bain & Co), Arpan Seth (Partner & … Read more
Group ONE Holdings, Asia’s largest global sports media platform and parent company of ONE Championship and ONE Esports, today announced it has closed a US$150 million equity financing round led by two new global investors, Guggenheim Investments, the global asset management and investment advisory division of Guggenheim Partners, and Qatar Investment Authority (QIA) – who … Read more
Pepperfry founders Ambareesh Murthy and Ashish Shah have invested $1 million in food-tech firm Adonia Hospitality. In the next six months, the funding will be used to open six more eateries. The company was founded by Rupesh Kumar Shah and now has 6 restaurants in its portfolio. It is profitable with an ARR of Rs … Read more
