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Saving supply chains from climate shocks is a lure for investorsCompanies are increasingly focused on supply chain resilience. This trend is expected to continue, offering new opportunities and protectin...- PE firm Lightrock launches $500 million fund for companies focused on energy transition, EVsLondon's Lightrock has launched a $500 million fund, Accelerate7, to scale energy access and clean cooking firms in South Asia, Southeast A...
- ETtech Deals Digest: Startups raise $936 million in March so far; down 56% on-yearThe number of deals during the month, however, was down at 94, compared to 237 in the corresponding month last year.
- Swiggy hikes platform fee; Wispr Flow CEO on India biz, AI fundingSwiggy has raised its per-order platform fee, days after rival Zomato’s move. This and more in today's ETtech Top 5.
- Medibuddy eyes $130 million in pre-IPOMedibuddy was founded by IIT Madras alumni Satish Kannan and Enbasekar Dinadayalane. Its shareholders include a Liechtenstein royal family ...
- Lightrock appoints Samir Abhyankar partner and head of India to drive India expansionGlobal investment platform Lightrock has appointed Samir Abhyankar as Partner and Head of India. Abhyankar, who previously led the Financia...
- Ummeed Housing Finance raises Rs 630 cr equityUmmeed Housing Finance raises ₹630 crore in Series F round from investors including A91 Partners LLP and existing investors. Funds to be us...
- Dunzo, PharmEasy investor Lightrock India loses partner and CFO Kushal AgrawalAgrawal told ET that he will continue to work with the fund in a "non-executive capacity for some time." His departure means only three par...
- Pepperfry FY23 report card; Microsoft’s Ahmed Mazhari on India’s role in AI adoptionOmnichannel furniture retailer Pepperfry narrowed losses slightly to Rs 187.6 crore in FY23 from a year ago while operating revenue grew mo...
- Aye Finance eyes 70% jump in FY24 borrowing at Rs 3,400 croreAye Finance, a non-bank lender, aims to increase its borrowing by 70% to Rs 3,400 crore in FY24 compared to Rs 2,000 crore in FY23. The com...
- Agritech startup DeHaat raises $60 million in Series E round co-led by Sofina, TemasekSofina Ventures and Temasek co-led the Series E funding, with other existing investors RTP Global Partners, Prosus Ventures and Lightrock I...
- Scaler rolls out gratitude leaves, employees to get 10-day paid time offIn a bid to ensure that employees are engaged, competent, and confident in their positions, the company has also budgeted Rs 5 crore for em...
- Healthcare startup Even raises $15 million in funding from Alpha Wave and AspadaBangalore-based Even raised $15 million after a $5 million fundraise in its seed round.
- ETtech Deals Digest: Shiprocket turns unicorn amid funding winterShiprocket became India's 106th unicorn after raising funds from existing investors Temasek and Lightrock India
- Scaler launches its maiden coliving space ScalerverseCurrently, Scalerverse has two centers in Bangalore and will expand its footprint across five major cities in the next three months. “We ar...
- Scaler strengthens leadership team to accelerate business growthAkshay Raje joins as head of people and culture, while Kashif Kudalkar, with more than 15 years of experience in analytics, data systems an...
- ETtech Deals Digest: Princeton Digital, MediBuddy, Niyo raise fundsData centre company Princeton Digital Group (PDG), health-tech startup MediBuddy, Neobanking platform Niyo were among the startups that rai...
- Bugworks Research bags $18 million in funding round led by Lightrock India, othersBugworks Research said it will continue to invest in its proprietary drug discovery platforms GYROX (for AMR) and DARE (for Immuno-oncology...
- Edtech startup Scaler Academy bags $55 million in funding led by Lightrock IndiaThe company, whose valuation has increased to $710 million after the funding, will use the capital for expansion, inorganic growth and to b...
- Agritech platform DeHaat raises $115 million from Sofina, Lightrock & TemasekDeHaat has been building a digitised network of farmers as well as last-mile service providers and providing direct access to farmers throu...
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