Illusive Networks, a New York-based leader in active cyber defense and deception solutions, announced it has raised $24 million in Series B1 round of funding. New investors alongside existing investors – Spring Lake Equity Partners, Marker, New Enterprise Associates, Bessemer Venture Partners, Innovation Endeavors, Cisco, Microsoft, Citi and others participated in the fresh funding round. …
Livve, a Kochi-based rental space startup has announced that it has raised $1.5 million in a seed funding round from angel investors, according to YourStory report. The startup will use the funds to find quality furnished homes and connect tenants and landlords on a common platform. Livve also said it will be doubling its operations…
Genrobotics, a Trivandrum-based robotics startup, has raised Rs 2.5 crore in a pre-Series A round led by existing investors Unicorn India Ventures. Anand Mahindra along with SEA Fund, as per YourStory report. Founded in 2015 by Arun George, Nikhil NP, Rashid Bin Abdulla and Vimal Govind MK, GenRobotic Innovations specialized in the design and development…
Piramal Pharma Limited (PPL), a subsidiary of Piramal Enterprises Limited (PEL), announced that it has received INR 3523.40 Crores on closure of the transaction for 20% equity investment from CA Alchemy Investments (formerly known as CA Clover Intermediate II Investments), an affiliated entity of CAP V Mauritius Limited, an investment fund managed and advised by…
Veeam Software, the leader in Backup solutions that deliver Cloud Data Management, announced it has acquired Kasten, the market leader for Kubernetes Backup and Disaster Recovery, in a cash and stock transaction valued at $150M. According to 451 Research, part of S&P Global Market Intelligence, nearly three-quarters of organizations are currently using or planning to…
Winuall, an online edtech platform that specializes in the fields of E-learning, online quizzes, and tests, study material for competitive exams, announced that it has raised $2 million in funding, according to YourStory report. The fresh funding is led by Prime Venture Partners, BEENEXT, Ramakant Sharma, Founder, LivSpace, and other angel investors. The edtech startup…
Reliance Industries Limited (RIL) and Reliance Retail Ventures Limited (RRVL) announced that a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) will invest ₹ 5,512.50 crore into RRVL, a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of ₹ 4.285 lakh crore. ADIA’s investment will translate into a…
Credit Wise Capital (CWC), a tech-enabled consumer finance NBFC, announced that it has raised $6 million seed funding led by Chairman of MJ Shah Group Mayank Shah, according to YourStory report. Other investors that participated in the funding round include Ajay Goel, Founder of Venture Catalysts, Anuj Golecha, Director of EssGee Group, Gaurav Gandhi, Director…
Via, the provider of digital infrastructure for public mobility systems, announced that it has acquired Fleetonomy, a leading developer of advanced fleet management software. The acquisition accelerates Via’s expansion beyond public transit and strengthens its ability to meet increasing global demand for efficient, flexible solutions for logistics and delivery. Following its Series E financing led…
Agritech startup Unnati said it has raised $1.7 million in pre-Series A round from NABVENTURES — NABARD’s agriculture-focused venture fund, according to YourStory report. Angel investor Sumeet Seraf also participated in the funding round. Founded in 2017 by Amit Sinha and Ashok Prasad, Unnati is on a mission to create 5 million farm entrepreneurs by…
Acculi Labs, a clinical grade smartphone based diagnostic tool has announced that it has raised Rs 5 crore in a seed funding round from PirE Ventures, an investment firm based out of Mumbai, according to YourStory report. Started in 2017 by Rupam Das, Acculi Labs aims to make home-based care available to the last person…
Caterpillar has signed an agreement to acquire the Oil & Gas Division of the Weir Group, a Scotland-based global engineering business. Weir Oil & Gas produces a full line of pumps, flow iron, consumable parts, wellhead and pressure control products that are serviced via an extensive global network of service centers located near customer operations. …
Reliance Industries Limited (RIL) and Reliance Retail Ventures Limited (RRVL) announced that GIC will invest ₹ 5,512.5 crore into RRVL, a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of ₹ 4.285 lakh crore. GIC’s investment will translate into a 1.22% equity stake in RRVL on a fully diluted basis.…
Adani Green Energy Limited (AGEL), announced that it has completed the acquisition of 205 MW operating solar assets from Essel Green Energy Private Limited (EGEPL) and Essel Infraprojects Limited (EIL). The assets are located in Punjab, Karnataka and Uttar Pradesh. All the assets have long term Power Purchase Agreements (PPAs) with various state electricity distribution…
Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced that global investment firm TPG will invest ₹ 1,837.5 crore into RRVL, a subsidiary of Reliance Industries. TPG’s investment will translate into a 0.41% equity stake in RRVL on a fully diluted basis. This marks the second investment by TPG in a subsidiary of Reliance…