marquee_breakfast_deals

Breakfast Deals

Policybazaar raises Rs.500 cr. from existing, new investors

Date posted: Friday 13 October 2017

Online financial services portal Policybazaar, run by EtechAces Marketing and Consulting Pvt. Ltd, has raised Rs.500 cr., roughly $75 million, at a valuation of $500 million from new and existing investors. At least three new investors including True North and IDG Venture Partners have come on board.

(Live Mint)



Satya Micro Cap gets Rs.16 cr. to expand operations

Date posted: Friday 13 October 2017

New-generation micro-lending company Satya Micro Capital has raised Rs.16 cr. in equity financing from Dia Vikas Capital, a subsidiary of Opportunity International Australia. The lending company plans to utilize the funds to expand operations over 35 districts across seven states in the current fiscal.

(Economic Times)



StanPlus raises $1.1 million from Kalari Capital, INSEAD Angels Asia

Date posted: Friday 13 October 2017

Hyderabad-based on-demand ambulance service StanPlus has raised $1.1 million from Kalari Capital’s seed fund Kstart and INSEAD Angels Asia. The company will use the funds to expand the network of ambulances and expand to more geographies, besides adding technology features to its fleet.

(Live Mint)



Kinara gets capital from Gaja

Date posted: Friday 13 October 2017

Mid-stage private equity firm Gaja Capital has led Rs.96-cr, round of funding in Visage Holdings and Finance, which owns and operates nonbanking finance company (NBFC) Kinara Capital, striking its second deal in the broader financial services sector in the process.

(Economic Times)





Subscribe to Breakfast Deals – our daily newsletter
* = required field