Deals
The deal is expected to strengthen ASG’s operational depth in western India.
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Vietnam mulls sovereign VC fund to propel startup growth
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Sea Ltd’s profitability bounce is earning back investor trust
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Huawai-linked Chinese chip equipment maker SiCarrier seeks $2.8b in funds
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Bain Capital pulls out of takeover race for Australia's Insignia
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Global EV sales rise in April despite trade disruptions
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Unicorns
The new valuation marks a threefold increase from its previous valuation in April 2023.
New investor JSW Ventures and existing investors Kalaari Ventures, Sunicon Ventures, and Darashaw & Company also joined.
Also read about IPO trends in Greater China in Q1 2025.
Analysis
It is the first choice for those seeking growth capital, refinancing, or IPO bridges.
Earnings and Results
The company made its stock market debut last week.
Venture Capital
Celebal Technologies has raised $15m from InCred Growth Partners Fund–I and Norwest Capital.
Existing shareholder DSG Consumer Partners also participated in the fundraising.
On a year-on-year basis, too, the deal value fell almost 18%.
Instamart’s gross order value doubled YoY.
