Fundamental VC, an early-stage investor set up by two Indian angel investors and start-up ecosystem professionals, has launched its debut fund with a target of USD 130m.
The firm was founded by Saswat Sundar and Abhishek Rathi (pictured left to right) in March with a view to channelling their network connections into deal flow, portfolio support, and fundraising. Sundar...
Abu Dhabi Investment Authority (ADIA) has agreed to invest INR 6.6bn (USD 83.5m) in India’s Aditya Birla Health Insurance (ADBHI) for a 10% stake.
Bain Capital has won board approval from Net Marketing, a Tokyo-listed online advertising and media management business, for a take-private that values the company at approximately JPY 13.6bn (USD 102m).
Insilico Medicine, a China-based artificial intelligence-driven drug discovery company, has closed the second tranche of its Series D round on USD 35m, with Prosperity7 Ventures taking the lead.
Singapore’s Merkle Science, a predictive crypto analytics platform, has raised USD 24m in Series A funding led by K3 Ventures, Darrow Holdings, and Beco Capital.