Page 2 - Ranju Sarkar

ShopKirana raises $10 mn from Info Edge and others in series-B round

Funding will help firm expand to major major tier-II cities of India

ShareChat raises $100 million in Series D funding led by Twitter

ShareChat is India's largest regional social network that claims 60 million monthly active users

Siddhartha's letter could be referring to a debt deal, say PE insiders

CCD has three PE investors - KKR India, Rivendell PE (formerly New Silk Route) and Affirma Capital

Brookfield gets aggressive in Indian mkt, to focus more on infrastructure

If it buys out Jio's towers, this will be its third biggest India deal this year

Akatsuki's VC arm adopts co-investment model in India for media start-ups

It has invested in 10 start-ups, including Doubtnut, Planet Superheroes, LBB, Mech Mocha, Purplle, ShopKirana and The Wedding Brigade

Ola to Urban Ladder: More hits than misses in Ratan Tata's start-up bets

Tata has invested in 43 start-ups; only 2 have failed

Ex MSCI India head joins ESG fund set up by former Tata executives

ECube was recently launched by a group of former senior Tata executives, including Dr Mukund Rajan, Govind Sankaranarayanan and Alan Rosling

BigBasket gets $150 million in funding, becomes the latest unicorn

Deal marks Mirae's largest investment in internet sector; Alibaba continues to support firm in new round of financing

Everstone buys majority stake in Pune-based Sahyadri Hospitals

It runs 5 tertiary care and 3 secondary care hospitals with 750 beds across Pune, Nashik and Karad areas

UK's CDC group finally manages to make low single-digit returns from India

CDC deployed over $20 billion in India across 60 PE funds, some of which have been wound up

Kotak Realty Fund partners Bangalore developer to buy office assets

The fund's strategy is to develop greenfield projects as well as acquire under construction and completed assets across key commercial office markets in India

Brookfield Asset Management consolidates in India with two deals

Two announcements in two weeks could be a coincidence as both were in the works and it can take 8-9 months to close a deal

Food distributor WayCool plans to push more products via same channel

WayCool claims to be operationally profitable, and hopes to be EBITDA-positive by June/July

Tax deducted from bank accounts of start-ups; I-T department clarifies

The CBDT clarified that the additions in tax demands have been made using provisions of Section 68 of the I-T Act

'Shocking beyond words': Start-ups allege angel tax 'terrorism' by I-T dept

Bank accounts of TravelKhana seized and Rs 33 lakh withdrawn as tax liability on funds raised from angel investors

Avendus India ESG Fund starts investing; plans to raise $1 billion

Avendus India has invested in 20 companies

Our fund will help firms move up the ESG scale: Mukund Rajan & Ajit Dayal

Mukund Rajan has joined hands with Quantum Advisors' Ajit Dayal to launch a $1-billion ESG fund

YourNest to raise corpus for second fund, now targeting Rs 450 crore

YourNest invests in pre-Series-A funding of start-ups and competes with other VC firms such as Blume Ventures

VCs become choosy about start-ups: Is the Series A funding crunch back?

VCs say the targets are moving

Former Tata group executives, Quantum Advisors tie up for $1-bn ESG fund

Mukund Rajan will be chairman; Quantum's Ajit Dayal to lead fund