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Last Month's Deals

Deals

Reliance Industries picks 5.56% stake in blockchain startup for $5 mn

Date posted: Thursday 3 January 2019

Reliance Industries has acquired 5.56 per cent equity stake in technology startup Vakt Holdings Ltd, UK (VHL), for $5 million (approx Rs.35 crore). The company has acquired the equity stake in VHL, a closely held startup entity which is expected to run its energy-focused blockchain startup early next year.

(ET Tech)



SAIF Partners Invests $8.54 mn In Online Fashion Store FabAlley

Date posted: Thursday 3 January 2019

Delhi/NCR-based online fashion store High Street Essentials Pvt Ltd (HSE), which owns women-centric fashion brands, FabAlley and Indya, has raised $8.54 mn (Rs.60 cr.) in a Series B funding round from SAIF Partners. The company plans to use the fresh funds for increasing distribution, product expansion, brand-building efforts and strengthening its technology operations.

(Inc42)



Logistics startup BlackBuck bags $12.4m from Sands Capital, IFC

Date posted: Thursday 3 January 2019

Logistics startup BlackBuck has raised $12.43 million (Rs 87.02 crore) in a funding round led by existing investor Sands Capital, and International Finance Corporation (IFC). Sands Capital has invested Rs 50.78 crore ($7.25 million) in the current round while IFC has pumped in the rest. The new round has valued the company at $202-207 million.

(DealStreet Asia)





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