Stockal, a prominent global investing platform, has announced its strategic acquisition of Acru, a company specializing in investment infrastructure tailored for Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs). This acquisition strengthens Stockal’s mission to create a seamless cross-border investment ecosystem, allowing Indian investors to access over 6,000 global securities…
Schmooze, an AI-driven meme-based dating app, has successfully raised $4 million in a Series A funding round led by Elevation Capital. The funding also attracted participation from notable angel investors, including founders from UltraHuman, The Souled Store, Mosaic Wellness, and Paytm.
Founded in 2021 by Vidya Madhavan and Abhinav Anurag, Schmooze initially targeted US users but expanded to the…
Temasek Holdings Pte is nearing a deal to acquire a substantial minority stake in VFS Global, valuing the visa outsourcing and technology services company at approximately $7 billion, including debt. The Singapore state-owned investor is expected to purchase about 20% of VFS Global, which is currently controlled by US alternative asset manager Blackstone Inc. The deal, which could be announced as…
London-based regulatory technology firm Novatus Global Limited has successfully secured $40 million in a new funding round led by Silversmith Capital Partners. This investment highlights the increasing demand for advanced solutions to manage complex regulatory challenges in the financial sector. The Boston-based growth equity firm, known for its investments in Constructor and Impel, will support…
Centricity, an innovative wealth-tech startup, has raised $20 million in its latest seed funding round, valuing the company at $125 million. This round, spearheaded by Lightspeed, will be instrumental in scaling Centricity’s operations and advancing its technology. The company plans to double its tech team from 75 to over 150 specialists, focusing on generative AI, insure-tech, and…
Nazara Technologies, a leading name in India’s gaming and sports media industry, has announced a significant strategic move with the acquisition of a 47.7% stake in Moonshine Technology Private Limited, the parent company of the popular online poker platform PokerBaazi. This acquisition is set to bolster Nazara’s foothold in the online gaming sector and solidify Moonshine as an associate…
Playbook Partners Secures $130 Million in Initial Close, Targets $250 Million with Green Shoe Option
Playbook Partners, a Growth Capital (GC) firm, has successfully raised over $130 million in its first close within just four months. This significant capital influx comes from a diverse group of global investors spanning Europe, the US, the Middle East, and India.
With the green shoe option available, Playbook Partners aims to expand the fund to a total of $250 million. The firm plans to invest in…
Drip Capital, a digital trade finance platform, has successfully raised $113 million in a recent funding round, combining equity and debt to further its growth and diversify its product offerings for small and medium-sized businesses (SMBs) in key markets such as India and the US.
This funding round includes $23 million in equity from Japanese institutional investors GMO Payment Gateway and…
Mumbai-based cleantech startup ReCircle has raised an undisclosed amount of investment in a bridge funding round co-led by Mumbai Angels, Venture Catalysts, and several high-net-worth individuals (HNIs). This funding round follows a previous pre-Series A investment from notable investors including Flipkart Ventures, 3i Partners, and Acumen Fund Inc.
Founded in 2016 by Nainani and Gurashish Singh…
Chandigarh-based fashion startup Theater has raised $1.5 million in a pre-Series A funding round led by Mumbai-based venture capital firm Prath Ventures. The round also saw participation from existing angel investors, reflecting strong confidence in the brand’s growth potential.
Founded in 2021 by Sarthak Aggarwal, Vikram Jain, Karan Jain, and Shruti Aggarwal, Theater specializes in women’s…
