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Mid-, late-stage deals lift funding activity

Mint Chennai

|

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.

MEER VERHALEN VAN Mint Chennai

Mint Chennai

Rare-earth magnets: Why an ‘India fix’ is not enough

Earlier this year, a Pune firm quietly solved a problem that has vexed policymakers for decades.

time to read

3 mins

December 02, 2025

Mint Chennai

Anil Ambani moves SC over fraud tag

Industrialist Anil Ambani has moved the Supreme Court challenging an order of the Bombay High Court which upheld the State Bank of India’s (SBI) decision classifying his and Reliance Communications’ accounts as fraud.

time to read

1 min

December 02, 2025

Mint Chennai

Mandatory app may trigger pushback

misuse of mobile phones in various scams.

time to read

2 mins

December 02, 2025

Mint Chennai

Mint Chennai

Automakers report brisk sales in Nov, demand remains robust

With demand continuing to be strong post the festive season, leading automakers, Maruti Suzuki, Tata Motors and Mahindra & Mahindra, saw robust sales growth in November as compared to a year ago.

time to read

1 mins

December 02, 2025

Mint Chennai

IT’S A HOLD FOR NOW FOR THE MPC, TRACING TRADE TALKS FOR PATH AHEAD

Economists often defer to the quote by Keynes, ‘When my information changes, I alter my conclusions’, and Friday evening turned out to be one such case.

time to read

3 mins

December 02, 2025

Mint Chennai

UK lawmaker Tulip Siddiq sentenced in Bangladesh graft case

Bangladesh court sentenced British lawmaker and former minister Tulip Siddiq in absentia to two years in jail on Monday in a corruption case involving the alleged illegal allocation of a plot of land, prosecutors said.

time to read

1 min

December 02, 2025

Mint Chennai

Mint Chennai

Centre's tobacco tax recast to lift states’ excise revenue

The duty on tobacco would rise from 64% to 70% once the amended law is implemented

time to read

2 mins

December 02, 2025

Mint Chennai

IT growth trails global clients amid shifting tech spending

Automation, product spends, in-house tech centre investments contributed to decoupling

time to read

2 mins

December 02, 2025

Mint Chennai

Are gifts from NRIs to residents taxable?

I am an NRI who is living in Dubai for the past six years. I had acquired shares of an unlisted Indian firm using surplus fund from my NRO account in India. I wish to gift the shares to my father, who is a resident of India. Will this transfer attract any tax in India?

time to read

1 mins

December 02, 2025

Mint Chennai

Mint Chennai

Gen Z shoppers aren't spending like retailers need them to

More than other generations, 20-somethings are tightening their holiday-season budgets because of economic pressures

time to read

4 mins

December 02, 2025

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