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Mid-, late-stage deals lift funding activity

Mint Mumbai

|

April 14, 2025

Funding momentum improved a tad in the second week of April, thanks to a bunch of mid- and late-stage deals struck by private equity and venture capital investors such as WestBridge Capital, ICICI Venture and Bessemer Venture Partners.

- Nitesh Kumar & Priyal Mahtta

The total value of PE and VC deals increased to about $310 million last week across 29 deals from the preceding week's $281 million across 31 transactions, according to data collated by VCCircle.

In the largest transaction announced in the five-day period, Bengaluru-based fintech firm Juspay secured about ₹515 crore ($60 million) in a round led by Kedaara Capital alongside existing investors SoftBank and Accel that also joined the Series D round.

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Nvidia-OpenAl: A clinch we should all be wary of

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Pepperfry buyout set to reveal cracks in online furniture retail

Pepperfry's falling revenue and abandoned IPO were proof of a rapidly changing landscape

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Accenture eyes new Andhra campus

Tech consultancy Accenture has proposed setting up a new campus of about 10 acres in Andhra Pradesh’s port city of Visakhapatnam, aiming to eventually add about 12,000 jobs to its workforce in India, three people familiar with the matter said.

time to read

1 min

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L’Oréal has eyes for Armani’s profitable beauty biz alone

L’Oréal SA, named by Giorgio Armani as a potential investor in the late Italian fashion mogul’s eponymous business, would only be interested in its profitable beauty arm, according to a person familiar with the matter.

time to read

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Nato pledges ‘robust’ response to Russian airspace breaches

The North Atlantic Treaty Organization (Nato) promised a “robust” response to Russian incursions into its airspace and said it would use all options, including military, to defend itself.

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Centre appoints 49 drug inspectors

Six months after a government report showed an alarming shortage of drug inspectors in the country, the Union health ministry appointed 49 to the role.

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MID-& SMALL-CAP FUNDS: WEALTH ENGINE OR RISK?

In recent years, midand small-cap funds have taken centre stage in investor conversations.

time to read

2 mins

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