Chiratae Ventures
India’s HealthifyMe raises $30m
LeapFrog Investments and Khosla Ventures have led a USD 30m pre-Series D round for India-based mobile health and fitness app HealthifyMe.
India home rentals platform NestAway acquired by strategic player
Aurum PropTech, a listed Indian property technology provider, has acquired NestAway, a home rentals platform that previously received several rounds of private funding, for INR 900m (USD 11m).
Fund focus: Chiratae eyes global growth
Chiratae Ventures has raised a growth-stage fund to participate in later-stage rounds for Indian portfolio companies that are becoming ever larger and ever more international in their outlook
Chiratae closes debut growth fund on $122m
India’s Chiratae Ventures has closed its debut late-stage VC fund with about INR 10bn (USD 122.3m) in commitments, beating a target of INR 7.5bn.
India's Iron Pillar leads $30m round for logistics SaaS company
Iron Pillar and Uncorrelated Ventures have co-led a USD 30m investment in Pando, a US-headquartered logistics software-as-a-service (SaaS) provider with an India-based development team.
India's HealthPlix raises $22m Series C
India’s HealthPlix, a medical records platform for doctors that aims to democratize access to digital healthcare in remote areas, has raised a USD 22m Series C round led by Avataar Venture Partners.
PeerCapital hits $37m first close on India early-stage fund
PeerCapital, an Indian venture capital firm that participates in seed and Series A rounds, has reached a first close of INR 3bn (USD 36.3m) on its debut fund.
Chiratae reaches $93m first close on debut India growth fund
India-based venture capital firm Chiratae Ventures has achieved a first close of INR 7.59bn (USD 93m) on its debut growth fund, announcing that it was substantially oversubscribed.
India's SquadStack raises $17.5m Series B
India’s SquadStack, a telemarketing technology provider, has raised a INR 1.4bn (USD 17.5m) Series B round led by Bertelsmann India Investments.
India start-up financier GetVantage raises $36m
GetVantage, a provider of revenue-based financing to Indian start-ups, has secured USD 36m in funding led by Varanium Nexgen Fintech Fund, DMI Sparkle Fund, Chiratae Ventures, and Dream Incubator Japan.
Karthik Prabhakar to leave India's Chiratae Ventures
Karthik Prabhakar, who joined Chiratae Ventures – then IDG Ventures India – as a senior analyst in 2011 and rose to the level of managing director and head of global fundraising, has announced his departure from the firm.
LeapFrog leads $61m investment in India's Redcliffe Lifetech
LeapFrog Investments has led a USD 61m round for India’s Redcliffe Lifetech, a diagnostics platform focused on non-communicable diseases, including heart disease, cancer, and diabetes.
India's Chiratae seeks USD 700m for VC, growth funds
Chiratae Ventures is looking to raise USD 700m for deployment in India’s technology sector with the addition of an opportunity fund – to participate in mid to late-stage rounds – alongside its core VC vehicle.
Asia agglomeration: Strength in numbers?
PE-backed agglomeration platforms are looking to buy up consumer brands in Asia with a view to leveraging the might of the collective. The model requires discipline in selection and execution
Premji Invest leads $111m round for India's GlobalBees
GlobalBees, an India-based platform that agglomerates technology-enabled emerging consumer brands, has raised USD 111.5m in Series B funding at a valuation of USD 1.1bn.
India's AgroStar raises $70m Series D
Indian agriculture industry platform provider AgroStar has raised a $70 million Series D round led by Evolvence Capital, Schroders Capital, Hero Enterprise, and CDC Group.
Deal focus: Chiratae sees 43x return on gaming start-up
India’s Chiratae Ventures has realized its largest-ever exit in terms of multiple with a zero-to-one leap of faith for local gaming studio PlaySimple
India's HealthifyMe closes $75m Series C
LeapFrong Investments and Khosla Ventures have led a $75 million Series C round for HealthifyMe, a mobile health and fitness app operator with a presence in India and Southeast Asia.
India's Lenskart raises $220m at $2.5b valuation
Indian eyewear retailer Lenskart has raised a $220 million round led by Temasek Holdings and Falcon Edge Capital at a valuation of $2.5 million.
VC-backed Indian game developer bought by Swedish strategic
Indian game studio PlaySimple has been acquired for about $360 million by Sweden’s Modern Times Group (MTG), setting up exits for Elevation Capital and Chiratae Ventures.
India's Tata Digital makes healthcare, fitness investments
Tata Group’s digital unit has continued its investment spree, dipping into India’s healthcare and fitness spaces with the acquisition of telemedicine platform 1mg Technologies and a $75 million commitment to CureFit.
DFC backs Openspace, Chiratae funds
The US International Development Finance Corporation (DFC) – formerly the Overseas Private Investment Corporation (OPIC) – has made commitments to funds being raised by Southeast Asia-focused Openspace Ventures and India’s Chiratae Ventures.