Category: Investment

Koch Industries completes acquisition of Infor

Koch Industries, Inc, an American multinational corporation based in Kansas, announced it has completed the acquisition of the remaining portion of Infor from Golden Gate Capital. The financial details of the deal remain undisclosed. Infor, a global leader in business cloud software specialized by industry, has been a key component of Koch’s technological transformation. Infor…

Cato Networks gets $77 mn investment from Lightspeed Ventures, others

Cato Networks, provider of the world’s first SASE platform, announced it has raised an investment of $77 million led by Lightspeed Venture Partners with the participation of Aspect Ventures, Greylock Partners, Singtel Innov8, U.S. Venture Partners (USVP), and Shlomo Kramer.  Post investment, the company’s total funding amounts to over $200 million. It comes on the…

Agritech startup DeHaat raises ₹83Cr from Sequoia India

Gurugram and Patna-based agritech startup DeHaat recently announced that it has raised $12mn (₹83Cr) from investors. The recent funding round was led by Sequoia India and saw participation from FMO, the Dutch entrepreneurial development bank along with existing investors Omnivore and AgFunder. According to the company website, DeHaat is a technology-based platform offering full-stack agricultural…

Akna Medical secures Rs54 cr investment from LGT Lightstone Aspada

LGT Lightstone Aspada, a patient, early-stage investor supporting entrepreneurs reinventing fundamental services for hundreds of millions of Indians, announced it will be investing about Rs 54 crore in healthcare supply chain platform Akna Medical. This is LGT Lightstone Aspada’s sixth deal in the past two months. Akna Medical will use the funds to scale up…

Reliance pumps Rs500 cr in edtech startup Embibe

Embibe, a Bengaluru-based ed-tech startup secures an investment of Rs 500 crore from Reliance. According to the Reliance company’s filings with the Ministry of Corporate Affairs, Reliance Industries will invest an additional Rs 500 crore in Embibe as it doubles down on the education technology venture it had acquired in April 2018. About Rs 30…

Amazon to pump in Rs284 cr into its food retail unit in India

Amazon, one of the world’s largest online retailers, announced it has pumped in Rs 284 crore in Amazon Retail, the unit which sells grocery and food items on the India marketplace, according to regulatory documents sourced from business intelligence platform Tofler. The current funding is a result of rising demand for grocery and food items…