https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Mon, 11 Sep 2023 21:51:16 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean https://thenfapost.com/2023/09/12/kkr-to-further-invest-rs-2070-crore-in-reliance-retail-up-stake-to-1-42/ Mon, 11 Sep 2023 21:51:16 +0000 https://thenfapost.com/?p=300901 KKR stake in RRVL will go to 1.42% from 1.17% Mumbai, NFAPost: Private equity firm KKR is set to invest an additional Rs 2,069.5 crore in Reliance Retail Ventures (RRVL) through an affiliate, securing a 0.25 per cent stake on a fully diluted basis. This investment places RRVL’s pre-money equity value at Rs 8.36 trillion, […]]]> https://thenfapost.com/2022/12/08/true-beacon-ropes-in-abhijeet-pai-along-with-founding-team-nikhil-kamath-richard-pattle/ Wed, 07 Dec 2022 23:46:26 +0000 https://thenfapost.com/?p=222701 True Beacon, launched by Zerodha’s Nikhil Kamath, strengthens partnerships and strategic value creation for UHNIs and HNIs, as Abhijeet Pai joins as General Partner Bengaluru, NFAPost: Abhijeet Pai, a Hyderabad-based entrepreneur and industrialist, joined the founding team of True Beacon as a General Partner. As Cofounder, Abhijeet Pai will forge new partnerships, help expand the […]]]> https://thenfapost.com/2022/11/14/venture-catalysts-funds-54-startups-at-over-50-million-valuation/ Mon, 14 Nov 2022 15:47:20 +0000 https://thenfapost.com/?p=216092 Individual valuations of at least two dozen companies have crossed $100 million, says investment firm New Delhi, NFAPost: Venture Catalysts Group, an investor for early-to-growth stage start-ups, has announced that about 54 of its portfolio companies have crossed $50 million valuation this year. Individual valuations of at least two dozen companies have crossed $100 million, […]]]> https://thenfapost.com/2022/10/14/ankur-capital-invests-seed-capital-in-two-biotech-startups/ Fri, 14 Oct 2022 01:02:24 +0000 https://thenfapost.com/?p=206984 Ankur Capital, an India-based leading early-stage venture capital fund focused on transformative technologies in deep science tech and climate tech today announced that they have invested seed capital in two early stage biotech startups – MyoWorks and D-NOME. While Indian biotech has shown astounding growth, funding for the sector has continued to be a challenge […]]]> https://thenfapost.com/2022/09/22/deep-rooted-raises-12-5-mln-in-round-led-by-ivycap-ventures/ Thu, 22 Sep 2022 14:05:47 +0000 https://thenfapost.com/?p=201357 Farm-to-consumer startup Deep Rooted has raised $12.5 million in a round led by IvyCap Ventures. The funding round also saw participation from existing investors Mayfield, Accel, and Omnivore. The two-year-old Bengaluru-based startup runs the largest number of greenhouses across India and provides urban residents with the choice of over 200 fresh fruits and vegetables delivered […]]]> https://thenfapost.com/2022/09/22/gaming-edtech-outscal-raises-1-5-mln-from-kalaari-capital/ Thu, 22 Sep 2022 05:31:41 +0000 https://thenfapost.com/?p=201159 Delhi-based ed-tech company Outscal has raised $1.5 million in its seed funding round from venture capital firm Kalaari Capital. Founded by Mayank Grover, Outscal is building a community-first, ed-tech platform to upscale talent in the gaming industry. It helps candidates excel in their game development, and Web 3 careers through mentorship and placement assistance. Vani […]]]> https://thenfapost.com/2022/09/13/pharmeasy-likely-to-raise-300-mn-at-50-valuation-cut/ Tue, 13 Sep 2022 09:22:50 +0000 https://thenfapost.com/?p=198353 PharmEasy’s parent company API Holdings is reportedly in early stages of discussions for raising $200 Mn-$300 Mn from General Atlantic, Canada Pension Plan Investment Board (CPPIB), and Abu Dhabi Investment Authority (ADIA). Faced with a funding crunch, the startup, which shelved its IPO plans recently, is likely to follow some of its peers and take a valuation […]]]> https://thenfapost.com/2022/09/01/indian-sexual-wellness-brand-mymuse-raises-seed-funding-of-rs-9-5-crore/ Thu, 01 Sep 2022 01:30:05 +0000 https://thenfapost.com/?p=195029 Indian intimate wellness brand, MyMuse has catered to over 15,000+ customers across 281 cities in India, and has created an impactful online presence since they started their journey Direct-to-consumer (D2C) sexual wellness & bedroom essentials startup MyMuse has completed its seed round of funding, taking the total amount raised to $1.2 million. The round was […]]]> https://thenfapost.com/2022/08/23/mojocare-raises-20-6-mln-in-series-a-funding-round/ Tue, 23 Aug 2022 13:14:37 +0000 https://thenfapost.com/?p=192831 Sexual health startup Mojocare has raised $20.6 million (INR 160 Crore) in a Series A fundraising round led by B Capital and existing investors Chiratae Ventures, Sequoia India’s Surge, and Better Capital. The Bengaluru-based firm will use the funds to expand its product, content, and care delivery teams, strengthen and diversify its product portfolio, and […]]]> https://thenfapost.com/2022/08/19/nandan-nilekani-and-sanjeev-aggarwals-vc-firm-fundamentum-raises-227-million/ Fri, 19 Aug 2022 15:37:18 +0000 https://thenfapost.com/?p=192038 Post the fund’s initial investment, Fundamentum’s portfolio companies have collectively raised over $1 billion in follow-on rounds New Delhi, NFAPost: Fundamentum Partnership, a homegrown VC fund co-founded by Infosys’ Nandan Nilekani and seasoned entrepreneur Sanjeev Aggarwal, on Friday said it has raised $227 million to launch its second fund to nurture early-growth stage Indian startups. […]]]>