An Indian shadow bank is reportedly considering raising approximately $100 million in a new funding round. Indian Bank has launched a share sale to institutional investors. British International Investment has backed India’s Aye Finance with $37 million in funding. Vegrow, an agritech startup, has raised $46 million in funding led by GIC, valuing the startup at about $290 million. Additionally, Bain Capital has sold a stake worth $448 million in India's Axis Bank. Prosus Ventures and Lightspeed India have both expressed their support for Vegrow's growth and expansion in India.
Great to continue our support of the @vegrow founders and their mission to empower farmers. We would like to welcome @gicsingapore to the captable as the company embarks on their next phase of growth. What’s next for Vegrow? 🚀 Expand its reach in India 🌐 Driving India Exports… https://t.co/42IRaGdP5I
Great to continue our support of the @vegrow founders and their mission to empower farmers. We would like to welcome @gicsingapore to the captable as the company embarks on their next phase of growth. What’s next for Vegrow? 🚀 Expand its reach in India 🌐 Driving India Exports… https://t.co/GbbsVuxAll
Great to continue our support of the @vegrow founders and their mission to empower farmers. We would like to welcome @gicsingapore to the captable as the company embarks on their next phase of growth. What’s next for Vegrow? 🚀 Expand its reach in India 🌐 Driving India Exports… https://t.co/Krub2pL8MK
🚀 We're proud to increase our support in @vegrow's latest $46M funding round! Their tech-driven approach revolutionizes the agri-tech sector. Thrilled to deepen our partnership and witness Vegrow's continued growth! #agritech #funding #partnership ✨🍏🌱 https://t.co/gBUH8JX7Uk https://t.co/eX2IAzOqx2
Bain Capital sells stake worth $448 mln in India's Axis Bank https://t.co/KWW7Hqswo4 https://t.co/2UDQfPwmGR
Bain Capital sells stake worth $448 mln in India's Axis Bank https://t.co/88VkOK1ERS https://t.co/Lv8mXMl8iC
Vegrow raises $46m in series C round for India expansion https://t.co/kj3NxYx0el
Bain Capital sells stake worth $448 mln in India's Axis Bank https://t.co/WdzentNSbD https://t.co/dO5zK47mhk
💵 #Agritech startup @vegrow raises $46 million in funding led by GIC The latest funding round in the 2020-founded startup was at a valuation of about $290 million, cofounder Shobhit Jain told ET in an interaction. @supriya_speaks reports https://t.co/JzwjTgzfVS
British International Investment backs India’s Aye Finance in $37M funding https://t.co/bdNKJlRDiK
Indian Bank launches share sale to institutional investors https://t.co/E0svElpKFh https://t.co/rGkZBqfTQ5
Indian Bank launches share sale to institutional investors https://t.co/p2UlBFa1Wg https://t.co/2aubW0cYaX
An Indian shadow bank is considering raising about $100 million in a new funding round, sources say https://t.co/gA9S7Tb5X6
An Indian shadow bank is considering raising about $100 million in a new funding round, sources say https://t.co/oozhwp9v3w