VP Weekly | 27th Oct ’19
CDPQ to pump in $270 mn more in Piramal Enterprises
Caisse de depot et placement du Quebec (CDPQ), one of Canada’s biggest public pension funds, will increase its stakes in Piramal enterprises by investing $270 Mn.
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US-Based SHL All Set To Acquire HRtech Startup Aspiring Minds For $80 MnUS-based talent evaluation company SHL has acquired Aspiring Minds, a Gurugram and San Jose-based AI-powered test and assessment venture for $80 Mn
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Startup News Snippets
M&A News
Market Pulse
- Bengaluru-based shared last-mile connectivity provider Loca has raised an undisclosed amount of funding from Stellaris Venture Partners, China-based Fosun RZ Capital and others
- Ratan Tata-backed lingerie retailer Zivame has raised $1.26 Mn from Trifecta Capital. Zivame alloted 80 series b debentures at a value of INR 10 Lakh each debenture
- Fashion rental and styling platform Stage3 has raised $2 Mn Pre-Series A funding from Blume Ventures. The fresh capital will be used by the fashion startup to amplify the brand experience
- Serial investor Sanjay Mehta-led 100X.VC will reveal the first batch of portfolio companies at the VC Pitch Day to be held on December 7, 2019 in Mumbai
- Venture fund, Wipro Consumer Care-Ventures has raised $28Mn from Wipro Enterprises’ FMCG brand, Wipro Consumer Care and Lighting
- Indian Fintech Forum announced the names of 18 startups shortlisted for the fourth edition of India Fintech Awards (IFTA), which will be held on November 29, 2019 in Mumbai
- Telangana’s state-backed startup incubator T-hub in collaboration with FalconX Inc rolled out its startup booster programme, Trestle
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