Venture Capital
The Series B round also saw participation from Fireside Ventures, Spark Growth Ventures, and others.
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Deals
Startups founded solely by women accounted for just 0.97% of overall private capital raised in 2025.
HDB plans to expand lending to small businesses and self-employed borrowers.
Private Equity
India is underserved, offering substantial opportunities, says Ramesh Kannan.
IPOs & Markets
Walmart will trim its stake in PhonePe by about 12%.
Analysis
It received “in‑principle” approval in December last year.
Partners Group retains around 27% of Vishal’s shares after the bulk sale.
Unilever Ventures also doubled down on its existing investment in RAS.
Current investors Shastra VC, Antler India, and Gemba Capital joined the round.
People
Hamish Maxwell will take over as accountable manager.
