Tuesday, November 5, 2024

WestBridge Capital

WestBridge Captial,͏ ͏an inv͏e͏stment firm, offloaded 1.͏46 million sh͏ares͏ in the B2B marketpla͏ce IndiaMART InterMESH for INR 379.7 cro͏re through͏ open market transactions on Friday (June ͏20͏).͏WestBridge Capital so͏ld the shares through th͏r͏ee sep͏arate bulk deals...
Angel investors and early institutional shareholders of the e-commerce firm Meesho are in talks with potential investors to sell off their shares, according to individuals familiar with the situation.Discussions are underway for a transaction with a...

Meesho’s FY23 revenue soars to INR 5,735 Crore, marking a 77% growth as losses narrow by 48%

On Friday, the e-commerce platform Meesho announced that its losses for the financial year ending on March 31, 2023, decreased by 48%, amounting to...

Organic dairy startup Akshayakalpa eyes $25 Million funding from A91 Partners, targets $75-80 Million valuation

Organic dairy startup Akshayakalpa is currently in advanced discussions with A91 Partners to secure a substantial $25 million (INR 200 crore) in funding. This...

WestBridge Capital acquires significant stake in Meesho through secondary transaction

WestBridge Capital, an investment firm, has secured a stake in the e-commerce unicorn Meesho through a secondary transaction, acquiring it from Venture Highway, one...

Third Wave Coffee raises $35 Million in Series C funding round led by Creaegis, plans to enhance cafe experience and expand technology innovation

Third Wave Coffee, a quick-service coffee chain headquartered in Bengaluru, has secured $35 million in a Series C funding round, with private equity firm...

WestBridge Capital set to invest INR 800 Crore in Milky Mist, valuing the dairy brand at nearly INR 7,000 Crore

WestBridge Capital, an investment fund with a focus on India that supports both private and public market companies, is reportedly in the final stages...

Bengaluru’s DesignCafe raises INR 40 crore in latest Series B funding round for business growth

Bengaluru's home interior solutions brand, DesignCafe, has secured INR 40 crore in a subsequent Series B funding round.Shezaan Bhojani and Gita Ramanan established DesignCafe...

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