Ecosystem Weekly | 17th May '20
Carlyle to take over SeQuent Scientific in its biggest India control dealPE firm Carlyle has agreed to acquire up to 74% of animal healthcare company SeQuent Scientific Ltd for $210 Mn in what would be its biggest control-oriented deal in India
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Sequoia India bets more on Indonesian coffee chain Kopi Kenangan
Sequoia Capital India Advisors, the domestic arm of the global venture capital firm, has led a $109 Mn Series B funding in Kopi Kenangan, an Indonesian beverage retailer.
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Startup News Snippets
M&A News
Market Pulse
- Samast Technologies which operates hyperlocal discovery startup Magicpin has raised $4 Mn in Series C1 funding from Lightspeed Venture Partners, The Bunting Family Private Fund, Moonstone Investments, WaterBridge Ventures and Srivatsan Rajan
- Bengaluru-based Rento Mojo operated by Edunetwork has raised $3 Mn from Chiratae Ventures, Accel, Bain Capital and French entrepreneur Renaud Laplanche
- GaragePreneurs Internet which operates fintech firm Slice will raise $3 Mn debt funding from Gunosy Capital Pte., investment and consulting arm of Gunosy Inc., a Japan-based news and technology services company
- New Jersey-based physician engagement startup Doceree has raised $1 Mn in seed funding from a group of angel investors from India and the US
- Coimbatore-based Juicy Chemistry which operates an eponymous consumer brand that is focussed on organic-based skincare products has raised $650K in its Series A funding round from Akya Ventures
- Gurugram-based AI-driven tech startup Spyne has raised an undisclosed amount in its pre-Series A funding round from Angellist, Smile Group, Manish Amin, Anil Goel, Anubhav Sonthalia, Deepak Mittal and other HNIs
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