Sistema Asia Fund (SAF), the Bangalore based Venture Capital firm investing in mid-stage Indian startups, has announced the induction of ex-VC and tech-entrepreneur Sampathkumar P as a part of the firm’s investment leadership in India. Sampath joins the team as a Senior Partner to lead and manage investments for the soon-to-be launched Fund II by…
Lendingkart Technologies Private Limited, a fintech startup that develops technology tools based on big data analysis, announced that it has raised an equity round of little over Rs 319 crore in its Series D funding led by existing investors. Fullerton Financial Holdings Pte Ltd, Bertelsmann India Investments, Sistema Asia Fund and India Quotient participated in…
Mukesh Ambani’s Reliance Industries is in advanced discussions to acquire a majority stake in online pharmacy Netmeds as part of its broader play in commerce, said three sources familiar with the development to the TOI. Netmeds is a fully licensed e-pharma portal that offers authenticated prescription and Over the Counter (OTC) medicine along with other…