Developer of open-source process mining technology Apromore recently announced that it has raised AU$6.84mn in a Series A funding round. The fundraise was led by German business process management specialist GBTEC. The funding round also involved investment from Melbourne-based consulting and technology firm Leonardo and The University of Melbourne, which helped to incubate Apromore prior…
Dominion Energy, one of the largest producers and transporters of energy in the US, announced that it has executed a definitive agreement to sell substantially all of its Gas Transmission & Storage segment assets to an affiliate of Berkshire Hathaway Inc. in a transaction valued at $9.7 billion, including the assumption of $5.7 billion of…
Frontier Markets, a Jaipur-based last mile rural distribution startup that connects rural customers with global products and services, announced that it has raised $2.25 million in a Pre-Series A funding round led by ENGIE Rassembleurs d’Energies, The Rise Fund, and The Singh Family Trusts (advised by Artha Impact). Other investors that took part in the…
Brainwired, an AgriTech company focused on providing unique livestock health monitoring and tracking solution, announced that it has raised an undisclosed amount in its first round of funding, led by Mumbai Angels; Kritik Abiram, COO, Anjanasoft; Parthiv Rokadia, MD of Startradex; and Gaurav Saraogi, MD of Chemco Group. The startup has developed a livestock health…
Aye Finance, a Gurugram-headquartered new-age finance company providing business loans to small and micro enterprises across India, announced that it has raised about $17 million in debt funding, according to a VCCircle report. Recently, the company raised Rs 210 crore in Series E funding round. Aye Finance said that it had raised the capital from…
Drug discovery and development company Mission Therapeutics recently said that it has raised $15mn in equity investment. The funding round was led by company’s existing investor Pfizer Ventures, the venture capital arm of Pfizer Inc. Along with the investment, Mission and Pfizer Inc. have also expanded their relationship by entering into an evaluation and option…
Argus, a London-based leading global commodity information service provider, announced that it has purchased Agritel, the expert provider of information, consulting and forecasting on agricultural and agro-industrial markets. Agritel was founded nearly 20 years ago by Michel Portier and offers data and analysis tools to help farmers and agro-industrial companies manage risk in agricultural commodity…
Blu Smart, India’s first all electric shared smart mobility platform for efficient, affordable, intelligent, sustainable ride-sharing, car-sharing and scooter-sharing, announced that it has raised Rs 37 crore in a pre-Series A funding round, according to media reports. The Gurugram-based startup raised the capital from Mumbai Angels Network, Inflection Point Ventures and LetsVenture, Entrackr reported, citing…
KKR, a global investment firm, announced that it has entered into a definitive agreement to purchase a controlling stake in J.B. Chemicals & Pharmaceuticals Ltd, one of the leading Indian pharmaceutical companies specializing in branded formulations. As part of the agreement, KKR will acquire its stake from the founding Mody family at a purchase price…
Inspektlabs, a US and New Delhi-based Inspection AI technology startup that automates inspections of physical items with photos and videos, announced that it has raised $600,000 in a pre-Series A round led by Better Capital, Titan Capital — the investment office of Snapdeal founders Kunal Bahl and Rohit Bansal, and a cluster of angel investors. …
A consortium led by KKR that includes Temasek, announced that it has completed the acquisition of an investment in Vinhomes Joint Stock Company, the leading integrated real estate developer in Vietnam. The KKR-led consortium has collectively invested VND15.1 trillion (US$650 million) which translates into a c.6% equity stake in Vinhomes. Following the transaction, Vingroup Joint…
OneWeb, the communications company whose mission is to bring connectivity to governments, businesses, and people everywhere, announced that it has entered into an agreement with a consortium led by HMG (through the UK Secretary of State for Business, Energy, and Industrial Strategy) and Bharti Global Limited for the acquisition of the OneWeb business in connection…
Biophytis SA, a clinical-stage biotechnology company specialized in the development of drug candidates for treatment of aged related diseases, including neuromuscular diseases, announced a €6.1 million private placement. The capital increase will be completed with the participation of institutional U.S. and European investors. H.C. Wainwright & Co., LLC is acting as the exclusive placement agent…
Stride Ventures, a Delhi-based investment firm that provides hands on support to startups for their financing requirements complimenting the equity raise, announced that it has led a debt round of about Rs 25 crore in Bulk MRO, a full-stack B2B platform for industrial supplies. The venture fund has also partnered with one of India’s leading…
Gobbly, a Gurugram-based contactless retail-tech startup run by Rudraksha Tech Labs Pvt. Ltd, announced that it has raised $500,000 in a seed funding round led by Sauce.vc, according to a VCCircle report. The Gurugram-based company has raised this capital from early-stage consumer-focused venture firm Sauce.vc, it said in a statement. Other startups in Sauce.vc’s portfolio…