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FOSUN RZ CAPITAL
Bay Capital launches digital fund, appoints Sandeep Barasia, Tej Kapoor as partnersBay Capital is launching a Digital Opportunities Fund to invest in public and private digital businesses in India. Sandeep Barasia and Tej ...- Google-backed payments startup DotPe raises $54.4 million in funding led by TemasekThe new round comes after DotPe raised $27.5 million in funding in March 2021.
- Tej Kapoor joins IvyCap Ventures as managing partnerAt IvyCap, Tej Kapoor will be driving the next phase of growth and investing in various sectors including fintech, consumer tech, Web 3.0, ...
- Investors steer clear of young startups with Chinese capitalStartups, with high exposure to Chinese capital, are looking at ways to reduce it as exposure becomes a deal-breaker for many new and exist...
- Short video app Trell raises $11.4 millionThe new round of investment will be used to further expand and grow the creator's community, to enhance the platform's personalisation and ...
- China’s Fosun pulls out of $300 million healthcare deals amid negative sentimentAccording to sources, both deals were at an advanced stage, and Fosun had formally proposed terms for acquiring a stake in the companies, o...
- Fosun RZ Capital leads $17 million funding round in IRP SystemsFounded in 2015 by Moran and Paul Price, IRP Systems specialises in high-performance electric powertrain systems for a variety of e-mobilit...
- Alpine Capital, Fosun RZ donate 20,000 Covid-19 testing kits to IndiaA number of high profile entrepreneurs and investors have begun to donate significant numbers of Covid-19 prevention materials and testing ...
- Stellaris, Fosun and others fund Lithius Energy“Making shared mobility work reliably at scale, while keeping it affordable and convenient, is a massive technology problem. We spent many ...
- Chinese banks eye early-stage deal in Indian startupsThe access to a country the size of China, the world’s second-largest economy and consumer market is a powerful reason for linking up.
- Headfone raises seed funding from Fosun RZ CapitalThe Headfone android app has more than half a million downloads and its daily active user spends around 50 minutes a day in the platform.
- LetsTransport drives in Rs 100 crore more in series B roundBertelsmann India Investments and a Japanese-origin investor have added funds to the trucking logistics platform.
- PerkFinance raises seed round of $900,000Others who participated in the round were Krishna Vinjamuri, a former VC with Lightbox and Sherpalo and Karan Virwani, CEO of WeWork India.
- Fosun closes deals across sectors; Leads $12 million round in LetsTransportVC arm invests $5 million in Bengaluru-based firm marking its second bet in logistics sector.
- Travel meta-search company Ixigo's next bet is on rail ticket salesThe Gurgaon-headquartered company launched its train app primarily as an information app but it has been a transactional app since October ...
- Flipkart gets ready to take on Amazon Prime with its own loyalty programmeThe Bengaluru-headquartered company has set aside $173 million, or about Rs 1,178 crore, to spend on services under the programme for the n...
- China’s Fosun shifts focus on early-stage startups in IndiaThe investor, which has made a mix of mid-to-late-stage and public equity investments in India, has built a team to focus on early-stage st...
- Tencent looks for early-stage startup bets, likely to invest $5-15 millionTencent will continue to place large strategic bets on mature Indian ventures as it looks to pick up significant minority stakes in market ...
- Fosun leads a Rs 67-cr round in fintech startup KisshtPrior to the latest capital raising initiative, the two-year old company had raised about $3 million across its seed and Series-A equity fi...
- Fosun may invest in 2 to 3 Indian startups by year endThe venture firm is actively hunting for startups in the logistics and fintech space to invest in early-stage opportunities.
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