Equirus Capital acted as the financial advisor to Vayana Network in its INR 283 crores series C fundraise and helped Vayana onboard Marshall Wace as the lead investor. Marshall Wace is a global alternative investment manager headquartered in London. The UK’s CDC Group and US-based March Capital also participated along with existing investors Chiratae Ventures…
Integrated pooling and supply chain solutions company Leap India has announced that the company has secured Rs 104 Cr in debt from CDC Group. A company statement said, “With a two-fold mission to connect the grain supply chain from farm to business, and to transform itself into a robust agri-silos and logistics platform, Leap India…
Medikabazaar, the healthtech startup, has announced that it has raised $75 million in a CDC Group and Creaegis led series C funding round. Existing investors like Ackermans & van Haaren (AvH), Rebright Partners, HealthQuad Advisors, Kois Holdings, as well as Sumitomo Mitsui Financial Group also participated in the latest funding round. Srini Nagarajan, Head of…
Ergos Business Solutions Pvt. Ltd has raised Rs 22.5 crore as part of Series-A funding from UK-based CDC Group Plc. With this, Ergos has closed the round at Rs 81 crore. Earlier in March 2020, Ergos raised Rs 35 crore from Aavishkaar Capital. Subsequently, it had raised Rs 23 crore from Chiratae Ventures. Founded in…
LoadShare, a Bengaluru-based tech-enabled logistics platform, announced it has raised Rs 100 crore funding led by Beenext. Other investors that took part in the funding round include CDC Group and existing investors Stellaris Venture Partners, Matrix Partners and venture debt fund Alteria Capital. The company plans to use the funds to deepen its ‘essentials’ supply…
LoadShare, the Bengaluru-based logistics startup, has raised Rs 15.3 crore funding as part of its ongoing Series B round, led by CDC Group of UK. Prior to this financing round, the company had raised a cumulative funding of $5 million with investors such as Matrix Venture Partners and Stellaris Venture Partners. Besides, it has also…
E-retailer BigBasket has secured $50 million from its existing investor Alibaba as part of a bridge round, two people in the know said, as per a media report. A bridge round is an intermediate funding meant to cover short-term expenses as the company looks for a larger investment cheque. The funding comes at a time…
Cholamandalam Investment and Finance Company Limited, one of India’s financial services companies, has raised ₹4 billion from CDC Group Plc, the United Kingdom’s Development Finance Institution and impact investor through the issuance of unsecured, subordinated, Rupee Denominated Masala Bonds. CIFCL caters to small and medium road transport operators for new and used commercial vehicles with…