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LIGHTROCK FUND FOR STARTUPS
B Capital leads SolarSquare’s $50-55 million round at $500 million valuationThe latest round comes about 18 months after SolarSquare raised $40 million in a funding round led by Lightspeed. That round had also seen ...- 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...
- Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.
- 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.
- AI startups feel war impact; Sarvam eyes unicorn clubHappy Wednesday! War-led uncertainty and a weaker rupee are beginning to impact growth plans for Indian AI startups. This and more in today...
- Lending startup Olyv bags $23 million from Fundamentum, SMBC FundBengaluru-based consumer lending startup Olyv has secured $23 million in a fresh funding round from Fundamentum Partnership and SMBC Asia R...
- Niyo acquires Kanji Forex; appoints Amit Talwar of IndusInd Bank as CEO of forex businessNiyo, which is backed by Accel, will look to offer forex products across foreign currency, forex cards, and outward remittances, which are ...
- 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...
- Reliance, Lightrock representatives exit Dunzo board amid legal notices, pending duesQuick commerce startup Dunzo has experienced several board of directors exits over the past two months, reportedly due to cash-flow issues ...
- 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...
- 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
- Shiprocket turns unicorn with $32 million fundingThis takes its valuation to around $1.3 billion, making it the latest entrant to the unicorn club this year. Startups valued at $1 billion ...
- Clean-tech startup EdgeGrid raises $6 million funding led by LightrockFounded in 2020 by Sunil Talla and Prasad Yerneni, Mushtaq Ahmed, Neeraj Sansanwal and Vamsi TP, EdgeGrid is building a technology platform...
- 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...
- MediBuddy raises $125 million in funding from Quadria Capital, Lightrock IndiaMediBuddy will use the funds to invest in customer awareness, hiring, strengthening technology platforms including data science capabilitie...
- 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...
- Agri-tech startup DeHaat raises $115 million led by Sofina, Lightrock IndiaSingapore government investment fund Temasek also co-invested in the round with participation from existing investors, Prosus Ventures, RTP...
- Edtech startup Eupheus Learning raises $10 million from Lightrock IndiaEupheus Learning plans to use the proceeds to scale up the business by expanding its product portfolio and entering new markets, and pursue...
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