Indian Parliamentary Committee Report Moots Abolition of LTCG Tax for Startups...
The parliamentary standing committee on finance has recommended that long term capital gains (LTCG) tax for investments in startups made through collective investment vehicles...
India’s Airmeet Raises $12M Series A Investment Led by Sequoia Capital...
Virtual event organisation platform Airmeet has raised $12 million Series A funding led by Sequoia Capital India and Redpoint Ventures. Existing investors Accel Partners...
Singapore-Based Patamar Capital Launches US$50M Beacon Fund for Female Entrepreneurs in...
Singapore-headquartered Beacon Fund has announced the launch of a new fund with an initial target of US$50 million, which aims to invest in female...
Singapore’s Temasek, GIC Consider Joining Chinese Ant Group’s IPO
Singapore state investment firm Temasek Holdings and sovereign wealth fund GIC have been in talks to invest in Chinese fintech unicorn Ant Group’s dual...
Indian SaaS Startup CustomFit.ai Raises Investment from Java Capital
No Code SAAS personalisation platform CustomFit.ai has raised an undisclosed amount of funding in its pre-seed round, led by Java Capital. The round also...
India’s Edtech Startup SOAL Raises $1M from Munjal Auto Promoters’ Investment...
School of Accelerated Learning (SOAL), a skill-tank nurturing students into disruptive, tech-empowered creators and future leaders, has raised Series A-1 funding round of about...
Indian Electric Ride-Hailing Platform BluSmart Raises $7M from Multiple Investors
BluSmart, an all-electric ride-hailing platform, has raised pre-Series A funding of $7 million (Rs 51 crore) from multiple investors including Inflection Point Ventures, Venture...
Egypt-Based Isqan.com Raises Pre-Seed Investment
Egypt-based property technology (proptech) startup Isqan.com, has raised a six-figure investment in its pre-seed round from an undisclosed angel investor.
Founded last month by Ali...
Indian Inflexor Ventures Announces First Close of Maiden Fund at $31.1...
Early stage venture capital firm Inflexor Ventures has announced the first close of its technology fund at Rs 230 crore ($31.1 million according to...
Bengaluru-Based StartupXseed Launches $26.6m Second Fund to Invest in Deeptech Firms
Bengaluru-based StartupXseed Ventures has launched its second fund of ₹200 crore, that will focus on early-stage investment in start-ups focused on deep technologies.
The sector...
Hillhouse Leads $512m Investment in Chinese Microport’s Surgical Robotics Unit
A consortium led by Asia-focused private equity powerhouse Hillhouse Capital has invested 3.5 billion yuan ($512 million) in MicroPort MedBot, the surgical robotic solution...
Softbank Is Said to Consider Bid for China’s Tiktok in India
SoftBank Group Corp. is exploring assembling a group of bidders for TikTok’s India assets and has been actively looking for local partners, according to...
