EQT announced that BPEA Private Equity Fund VIII (BPEA EQT) has agreed to acquire a control stake in Indira IVF, from TA Associates and the Company’s founders, Dr. Ajay Murdia, Dr. Kshitiz Murdia, and Dr. Nitiz Murdia, who will retain a significant minority stake and continue to lead the Company. Indira IVF was founded by Dr. Ajay Murdia in…
Tag: Ashish Agrawal
Fintech startup PayGlocal raises $12 mn from Tiger Global, Sequoia
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•Cross-border payments startup PayGlocal has raised $12 million funding co-led by Tiger Global and Sequoia Capital India. The startup will utilise the funds to scale its business and launch new payment solutions. BeeNext and angel investors like Pine Labs CEO Amrish Rau, Citrus Pay and Jupiter founder Jitendra Gupta, and Cred’s founder Kunal Shah also…
Bengaluru-based Groww raises $30 mn Series C funding led by YC Continuity
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•Groww, the Bengaluru-based investment management startup, announced it has raised $30 million Series C funding led by YC Continuity, an investment fund dedicated to supporting founders as they scale their companies. The investment marks its first investment in India. Sequoia India, Propel Ventures, and Ribbit Capital also participated in the funding round. The startup will…
Delhi-based Wobot raises $2.5 mn pre-Series A funding led by Sequoia India
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•Wobot, a Delhi-based AI-powered video analytics platform, announced that it has raised $2.5 million in pre-Series A round led by Sequoia India, according to the YourStory report. Recently, the startup raised an undisclosed amount of seed funding from Titan Capital. The company said that Wobot will use the funds for global expansion and to strengthen…