Northern Arc Announces First Close Of India Impact Fund At $23 Mn
Debt fund management company Northern Arc Investments has announced the first closing of its latest fund – Northern Arc India Impact Fund – at $23 Mn
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STRIVE Closes Fund III At Over $100 Mn To Invest In B2B Startups
Tokyo-based venture capital firm STRIVE has announced the final close of its third fund — STRIVE III — at over $100 Mn to continue its investment spree in India, Southeast Asia and Japan
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Startup News Snippets
M&A News
Market Pulse
- Delhi-based post-harvest agritech startup Arya has raised $6 Mn pre-Series B funding from Omnivore and LGT Lightstone Aspada to accelerate the growth of its Agri storage network
- San Francisco – and Bengaluru-based fintech platform for Indian students pursuing international higher education Leap Finance has raised $6 Mn from Sequoia Capital
- Gurugram-based fintech marketplace offering products for small business owners, Chqbook.com has raised $5 Mn in Series A funding from Aavishkaar Capital
- Ecommerce platform for beverages and snacks Paper Boat has raised $4 Mn in two different rounds from Advent Management, A91 Emerging Fund, and Trifecta Venture
- US-based VC firm Lightspeed Venture Partners that have invested in Indian Unicorn startups BYJU’s and OYO, will close its third India focussed fund at $250 Mn to $300 Mn
- The Reserve Bank of India has outlined a scheme to revive Yes Bank that proposes State Bank of India purchasing a stake of up to 49% to bail out the beleaguered private-sector lender