India
The group counts Creation Investments, Lightrock, and TVS Capital Funds among its backers.
1
Vivriti Group merges lending & credit arms into one company, founder injects capital
2
Avendus secures over $242m for third private credit fund, activates greenshoe
3
EQT’s head of Korea real estate departs in less than a year
4
Kuwait oil company in talks with PE firms for $7b pipeline deal: report
5
Higher fuel costs, Air India's losses weigh on Singapore Airlines in Q3
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Last August, Palmonas had raised Rs 55 crore funding led by Vertex Ventures SEA & India
Existing investors Fundamentum and Elevation Capital also participated in the round.
Singapore
EDBI is now the largest shareholder of Nuevocor.
Rest of Asia
Proceeds earmarked for digital inclusion social projects in emerging Asia.
The capital will be infused into Airtel Money, which received an NBFC licence on Feb 13.
Greater China
The presence of Guotai Haitong as an investor shows AI² Robotics is preparing for an IPO.
MyDesignation has raised nearly $4.4 million in funding.
The fund is the first in a planned series under a three-year partnership between the firms.
It would include up to $130 million from IFC’s own account.