Legacy footwear brand Inc.5 Shoes raised its maiden venture funding of $10 million (about Rs 83 crore) in a round led by Mumbai-based venture firm Carpediem Capital, with participation from Param Capital and P3 Venture Fund, according to ETtech report. The Mumbai-headquartered firm, which sells footwear across gender and price categories, operates 74 stores of…
Sindhuja Microcredit Pvt. Ltd, a rural-centric microfinance company, announced it has raised $8.7 million in its Series B funding round from the Nordic Microfinance Initiative (NMI), the Norway-based impact investor focussed on Africa and Asia and from existing investor Carpediem Capital. Vidura Capital acted as the exclusive financial advisor for the transaction, while Vertices Partners…