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LIGHTROCK INDIA
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...
- 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...
- Kauvery Hospitals' promoters look to buy back 5% stake from LightrockKauvery Hospitals' leadership is engaged in discussions to repurchase shares from the investor Lightrock, with the valuation of the healthc...
- 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...
- 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 ...
- Dunzo valuation may drop to $200 million, firm seeks nod for rights issueWhile a few of the existing investors have committed around $10-15 million in capital at the reduced valuation, the company’s board is yet ...
- Scaler appoints Manish Pansari as senior VP to strengthen data science, machine learning verticalsPansari will lead the data science and machine learning business, providing differentiated and aspirational offerings for technical skillin...
- 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.
- 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...
- Vivriti Capital bags $55 million in funding from existing investorsThe funds will be used for business expansion as well as technology for acquisitions, product delivery and portfolio management. Part of th...
- 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...
- Capital Float raises $50 million from Lightrock India, othersCapital Float cofounder Sashank Rishyasringa said that the newly infused capital will help the firm shore up its risk stack and also help i...
- 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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