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Investment

Vivriti Capital raises Rs100 cr led by Creation Investment

Vivriti Capital, a marketplace for small enterprises and individuals that lack efficient access to financial services, announced it has raised Rs 100 crore in a round led by existing investor Creation Investment. Earlier, the firm had raised Rs 350 crore in March from LGT Lightstone Aspada, and Rs 310 crore in 2019 from Creation Investments. […]

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Bengaluru-based Dunzo raises $28 mn in Series E funding round

Dunzo, an all-in-one 24X7 delivery platform that picks and delivers anything and everything within the city, announced that it has raised $28 million in its ongoing Series E funding round led by Google and Lightstone Fund, according to YourStory report. Dunzo has issued compulsorily convertible preference shares (CCPS) to both Google and Lightstone with each […]

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Investment

Akna Medical secures Rs54 cr investment from LGT Lightstone Aspada

LGT Lightstone Aspada, a patient capital and early-stage investor, announced it will be investing about Rs 54 crore in healthcare supply chain platform Akna Medical. This is LGT Lightstone Aspada’s sixth deal in the past two months. Akna Medical will use the funds to scale up operations across the country and to deepen the technology […]

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Investment

Micro-lender SmartCoin raises $7 mn funding from LGT Lightstone Aspada

SmartCoin, a Bengaluru-based micro-lending startup, announced it has raised about $7 million in a fresh financing round, led by LGT Lightstone Aspada. Existing investors that took part in the funding round include Unicorn India Ventures and Accion Venture Lab. Earlier, the company had raised $2 million from Accion’s seed-stage, fintech-focused investment arm, and others. The […]

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Delhi-based startup Arya raises $6 mn pre-Series B funding led by Omnivore

Arya, an agri post-harvest services platform, announced it has raised $6 million (about Rs 43 crore) in pre-Series B funding from venture capital firm Omnivore. Existing investor LGT Lightstone Aspada also took part in the funding round. As per the company statement, it will use the funding to accelerate the growth of their agri storage […]

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Investment

Vogo Automotive raises $20 mn from LGT Lighthouse Aspada, others

Vogo Automotive, an on-demand transportation solutions provider, announced raising $20 million in a funding round led by LGT Lightstone Aspada. Existing investors such as Matrix Partners India, Kalaari Capital and Stellaris Venture Partners also participated in the current funding round. As per the regulatory filings, the funds will be utilised to help Vogo expand across […]

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Investment

Gurugram-based Ummeed Housing Finance raises Rs164 cr in Series D funding round

Ummeed Housing Finance, a housing finance company, announced it has raised Rs 164 crore from a fund managed by Morgan Stanley Private Equity Asia. Existing investor LGT Lightstone Aspada also took part in the funding round. The Gurugram-headquartered company will utilise the funds to further expand its reach to newer geographies. The company will also […]