Pet food and nutrition brand Lickicious has raised Rs 19 crore through a combination of equity and institutional debt, as it looks to scale its annual revenue to Rs 100 crore and expand into a broader, multi-category and omnichannel business. Lickicious, operated by Nuvexo Wellness Pvt Ltd, counts Prath Ventures as its lead institutional investor. … Read more
Third Wave Coffee said it raised $43 million in a funding round led by existing investor WestBridge Capital, comprising a mix of primary and secondary capital, Creagis and other angel investors. Â The new funding will help the domestic coffee outlet chain grow in existing markets, build greater density in high-potential cities and strengthen its … Read more
Accel, the Silicon Valley venture capital firm that placed some of the earliest bets on Flipkart and Swiggy, is deepening its commitment to India as artificial intelligence reshapes how startups are built. The firm has raised $550 million for its ninth early stage India fund, part of a $3.5 billion haul across four new global … Read more
The entire primary investment was led by Jongsong Investments, while promoters Sathishkumar T. and Anitha S. sold 89,43,903 equity shares at ₹139.76 a share, aggregating roughly ₹125 crore, as part of a secondary transaction. Source link
Reinvesting dividends from Dabur over 30 years has created a pool of non-core assets for its promoters that are equally valuable, according to the Burman family scion, Gaurav Burman. The Burman family control Dabur with two-thirds of the company’s shares. “We have been lucky, Dabur achieved excellent growth over the last 30 years, and we … Read more
As of this year, Peak XV manages over $10 billion in assets under management with over 450 companies across financial services and fintech, software and AI, and consumer internet, spanning early to growth-stage investments. The firm has also begun investing globally, entering Singapore, the US, Australia, Middle East, Indonesia, Turkey, Japan, Taiwan, and Europe. Source … Read more
Private equity (PE) firms in India are increasingly opting for buyouts and majority stake acquisitions, marking a shift from the traditional model of minority investments, The Times of India (TOI) reported. While minority investments continue to dominate overall deal value, buyouts are emerging as a significant segment. Between 2021 and 2025, buyouts accounted for 24% … Read more
Three managing directors, Ashish Agrawal, Ishaan Mittal and Tejeshwi Sharma, have exited Peak XV Partners, marking another round of senior-level departures at the venture capital firm amid an ongoing leadership reshuffle. The exits come at a time when Peak XV is in the midst of a broader transition, recalibrating the organization and investment strategy following … Read more
Global private equity firms including Apax Funds and Advent International have joined the race to acquire a majority stake in RedTape, in a transaction that could value the Indian footwear maker at ₹4,500–5,000 crore (about $500 million), three people familiar with the matter said on condition of anonymity. The proposed deal marks one of the … Read more