Rivigo, a technology company that is building the material movement pipeline of India and making logistics human, faster, safer and cost-effective, has raised Rs 140 crore from Warburg Pincus’ affiliate Spring Canter Investment Ltd (SCIL), according to Entrackr report. SCIL is a Mauritius-based investment holding company and its shareholders are certain private equity funds managed…
Tag: Warburg Pincus
Warburg Pincus plans to invest Rs700 cr in Home First
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•Warburg Pincus, a US based private equity firm, through it’s affiliate Orange Clove Investments BV has announced that it has entered into an agreement to invest about Rs 700 crore in Home First Finance Company India Ltd on October 2, 2020. The announcement came in from the leading global private equity firm focused on growth…
Geek+ raises over $200 mn in Series C round of funding
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•Geek+, a global provider of advanced robotics for logistics, announced that it has closed its Series C funding round at over $200 million in early 2020. Geek+ continues to lead the industry with the largest fundraising to date, following a $150 million B series in November 2018, already the largest in the industry, the company…
Indonesia’s ride hailing giant Gojek closed $1.2 billion funding last week
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•Gojek, an Indonesian ride-hailing and payments firm, has closed an additional $1.2 billion of funding recently, as per an internal memo reviewed by Reuters. The memo states that the company’s total funds stand at around $3 billion, and added it was still seeing “strong demand” among the investment community despite “turbulence within the tech investment…
Warburg Pincus Leads Rs 520 Crore Funding of Delhi-based Fusion Microfinance.
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•Warburg Pincus LLC, an American private equity firm has acquired a minority stake in Fusion Microfinance, a non-banking financial company (NBFC) for Rs.520 crore ($ 75 million). Creation Investment, an existing investor, has also participated in this round. Investors such as Belgium’s Incofin, NMI, BIO and SIDBI have made successful exits in this round. “This is…