Ecosystem Weekly | 26th Jan '20

Baring PE Asia closes seventh buyout fund at $6.5 Bn
Hong Kong-based alternative investment firm Baring Private Equity Asia has hit the final close of its seventh fund at its hard cap of $6.5 Bn
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ReNew Power Secures $450 Mn Funds Through Dollar Bonds
Continuing its streak of big investments, clean energy startup ReNew Power has raised $450 Mn funding through a dollar bond issuance. ReNew is planning to use this funding to refinance its previous borrowing, which will be maturing next year
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Startup News Snippets

M&A News

Market Pulse

  • Bengaluru-based online home design company Livspace has raised $60 Mn from Tahoe Investment Group, Mercer Investments, EDB Investment, Kharis Capital, and Nicholas Cator
  • Bengaluru-based self-drive car rental startup Zoomcar India has raised $30 Mn in its ongoing Series D funding from Sony Innovation Fund
  • US-based data analytics firm Qlik Technologies has acquired emerging technologies-enabled business consulting firm RoxAI for an undisclosed amount
  • An infrastructure fund managed by Edelweiss Group, Edelweiss Infrastructure Yield Plus will acquire a 74% stake in French gas and power utility Engie’s solar assets in India
  • Gurugram-based wealth management platform for HNIs, INDWealth, has raised $12 Mn as part of its Series C funding from Steadview Capital, Tiger Global, and DF International
  • Delhi NCR-based Smart Parking Startup Park+ has raised $11 Mn in funding from Sequoia Capital, Matrix Partners, Deep Kalra, Rajesh Magow, Kunal Shah and HNIs
  • Chicago-based SaaS platform to help consumer packaged goods companies increase revenue, Samya.ai has raised $6 Mn in seed funding from Sequoia Capital and HNIs