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Mantra Capital floats $60 mn fund to back deep-tech startups

Finance

08 January, 2020

Mantra Capital floats $60 mn fund to back deep-tech startups

Early-stage venture capital firm Mantra Capital is seeking to raise $60 million (about Rs 430 crore) for its maiden fund ......

Recession, robots and rockets: Will world markets see another roaring 20s?

Markets

27 December, 2019

Recession, robots and rockets: Will world markets see another roaring 20s?

Helicopter cash, climate crises, smart cities and the space economy -- investors have all those possibilities ahead as they enter ......

Multiples PE bets on Quantiphi in first deep-tech investment

TMT

20 December, 2019

Multiples PE bets on Quantiphi in first deep-tech investment

Multiples Alternate Asset Management Pvt. Ltd, the Renuka Ramnath-led private equity firm, has invested $20 million (Rs 142.12 crore at ......

Automation Anywhere raises $290 mn in Series B round, valuation soars

TMT

22 November, 2019

Automation Anywhere raises $290 mn in Series B round, valuation soars

Automation Anywhere Inc., a Silicon Valley-based company founded by Indian-origin entrepreneurs, has raised $290 million (Rs 2,081.35 crore at current ......

Endiya Partners leads seed funding in deep-tech startup Myelin Foundry

TMT

04 September, 2019

Endiya Partners leads seed funding in deep-tech startup Myelin Foundry

Myelin Foundry Pvt. Ltd, a deep-technology startup, has raised around $1 million (Rs 7.20 crore at current exchange rates) in ......

John Chambers-backed AI startup Uniphore closes Series C funding round

TMT

13 August, 2019

John Chambers-backed AI startup Uniphore closes Series C funding round

Uniphore Software Systems Pvt. Ltd said on Tuesday it has raised $51 million (Rs 363 crore) in a Series C ......

Ola acqui-hires AI startup Pikup.ai to beef up deep-tech skills

TMT

13 August, 2019

Ola acqui-hires AI startup Pikup.ai to beef up deep-tech skills

Ride-hailing company Ola said on Tuesday it has acqui-hired Pikup.ai, an artificial intelligence-based platform that provides technological solutions to businesses. Ola, ......

German firm invests in Indian IoT and machine learning venture Winjit

TMT

06 August, 2019

German firm invests in Indian IoT and machine learning venture Winjit

Germany’s RIB Software SE has invested in Nashik-based Winjit Technologies Pvt. Ltd to strengthen its capabilities in emerging technologies such ......

Reliance-controlled Haptik acqui-hires US AI startup Convrg

TMT

24 July, 2019

Reliance-controlled Haptik acqui-hires US AI startup Convrg

Haptik Inc., an artificial intelligence-based conversational platform controlled by Reliance Industries Ltd, has acqui-hired Los Angeles-based conversational AI startup Convrg ......

L&T Infotech to acquire advanced analytics firm Lymbyc

TMT

17 July, 2019

L&T Infotech to acquire advanced analytics firm Lymbyc

Larsen & Toubro Infotech Ltd has agreed to acquire advanced analytics company Lymbyc Solutions Pvt. Ltd to strengthen its digital ......