ShareChat eyes $500 mn fundraise at over $5 bn valuation; Gold Plus Glass, Hexagon Nutrition plan IPO; Pristyn Care, LogiNext, Rooter in funding news; GSV Ventures, Klub's funds raise capital

[VCCircle]( Saturday, 18 December, 2021 [Unlock Premium]( [twitter]( [linkedin]( [facebook]( [you tube]( private equity [ShareChat looks at a larger raise over $500 mn at over $5 bn valuation]( Mohalla Tech, the parent company behind Moj and ShareChat, is looking to raise over $500 million as a part of its ongoing Series G round, which will propel the valuation of the company... PRIVATE EQUITY [Deals Digest: Companies raised $909 mn this week, ShareChat’s $266 mn fundraise leads the chart]( [Premji Invest-backed Gold Plus Glass plans public float]( [Falcon Edge, Bay Capital invest in Five Star Business ahead of its IPO]( [LPs to expand Asia-Pacific presence outside China in next 3 years, says Coller Capital survey]( [Temasek’s Sheares Healthcare acquires majority stake in Medica Synergie]( [PE/VC investment and exit deals witness 76% YoY increase to $6.8 bn: IVCA-EY report]( [SBI may offload 6% stake in its asset management arm via IPO]( [NIIF, CDC-backed Ayana Renewable closes deal to buy 100% stake in ACME’s solar plant]( [Rakesh Jhunjhunwala-backed Arrivae raises $7 mn in Series B funding round led by Havells Group]( [Ninjacart pockets $145 mn in fresh funding from Flipkart, Walmart]( [NephroPlus closes $24 mn series E round from IIFL AMC, existing investors]( [Ares SSG arm-Reliance and Welspun among 4 bidders to acquire stressed Sintex Industries]( Venture Capital [Paytm-backed Rooter in talks with VC funds to raise Series A capital]( [Tiger Global-backed LogiNext eyes new fundraise at nearly $300 mn valuation]( [Apis Partners-backed digital insurer RenewBuy executes second Esop buyback]( [Fireside Ventures-backed 10club eyes investment in yet another fitness equipment maker]( [LEAD School, Apna-backer GSV Ventures eyes final close of $300 mn fund by March]( [Phable Care set to raise over $50 mn at around $500 mn valuation]( [Hevo Data raises $30 mn in Series B round led by Sequoia Capital India]( [Stocktwits partners with Times Bridge as part of $30 mn Series B round]( [9Unicorns, Chiratae Ventures, others back edtech startup ByteLearn]( [ShareChat looks at a larger raise over $500 mn at over $5 bn valuation]( [Purplle adds Faces Canada to its portfolio]( [Vedic Cosmeceuticals raises Rs 25 cr from Sixth Sense Ventures]( [Logistics tech startup Enmovil Solutions raises Rs 10 cr from Anicut Angel Fund, others]( [Fitness tech startup fitpage raises $3.7 mn from Astra Ventures, angels]( [Gaming platform Tournafest gets pre-seed funding from India Quotient, OYO execs, others]( [Identity verification and fraud protection platform Bureau raises $12 mn led by Quona Capital]( [Automated investing platform Stack raises $4.5 mn from YCombinator, others]( [WeSkill raises over $400,000 in a pre-Seed funding round]( [SaaS fintech startup Zaggle rejigs top management team with two new appointments]( [Integrated startup incubator Venture Catalysts invests $86 mn in 178 startups in 2021]( [HireQuotient gets pre-seed funding from Binny Bansal, Kunal Shah among 7 unicorn founders]( [Atomberg raises $20M in growth funding led by Jungle Ventures]( [Tribe Capital, OfBusiness co-founders, others invest $7 mn in SME-focused TranZact]( [MoEVing raises $5 million in seed funding]( [Innovaccer raises $150 mn in Series E funding led by Mubadala; valuation more than doubles to $3.2 bn]( [JusPay raises $60 mn from SoftBank Vision Fund 2, others at $460 mn valuation]( [Pristyn Care secures $96 mn in Series E at $1.4 bn valuation]( [Rishi Vasudev’s G.O.A.T Brand Labs invests in kidswear brand Frangipani]( [JAM Fund, TA Venture, others back creator monetisation startup TagMango]( [Antler India backs protein foods brand Gladful]( [Gujarat-based Frendy raises pre–Series A funding of Rs 10 cr]( [Plix raises $5 mn in series A funding from Guild Capital and RPSG Capital Ventures]( [Home décor brand Nestasia pockets Series A cheque from Stellaris, others]( [Uni raises $70 Mn Series A, as India's 'buy now pay later' space heats up]( [Varanium Capital marks the final close of fintech VC fund at 140 cr]( [Teachmint acquires course-selling platform Teachmore in its first buyout]( [Hyperface raises funding from Binny Bansal’s 021 Capital & others]( [Rebel Foods to invest $150 million to acquire, scale food brands]( [Klub raises Rs 200 cr for its revenue-based fund Aceler8]( [Swiggy, Mensa Brands backer Norwest Venture Partners closes $3 bn fund]( [InsurTech startup OneAssure raises funds from Upsparks, Nu Ventures, others]( [WEH Ventures, others back ready to cook D2C brand MasterChow]( [We Founder Circle invests $12 mn across 30 startups in the first year]( [Sachin Tendulkar invests in Tiger Global-backed used cars platform Spinny]( [Edtech startup Gurucool scoops pre-seed funding from two investors]( [Equanimity, 9Unicorns, others back insurtech platform Insurance Samadhan]( [Evenflow raises pre-Series A funding from Village Global, Venture Catalysts, others]( [Zomato further strengthens its leadership with new appointments]( [Mamaearth parent announces ESOPs worth Rs 20 cr]( [Fintech startup BharatX raises Pre-seed round of $ 250,000 led by Java Capital]( [Sequoia-backed Turtlemint ropes in Bajaj Allianz Executive as Chief Business Officer]( [Good Glamm Group acquires multi-platform content platform MissMalini]( [Edelweiss Group hikes stake in wealth management business to little over 44%]( [Fullife raises $22 mn in Series C round from Morgan Stanley PE Asia]( [Beauty and wellness platform kindlife raises Seed funding from Kalaari Capital, others]( [We Founder Circle bets on electric vehicle startup Oben EV]( [Inflection Point Ventures leads Seed funding round in Techstars-backed SaaS firm unremot]( [B2B SaaS startup Anakin raises $2mn from YCombinator, others]( [Grofers rebrands to Blinkit as quick commerce space heats up]( M&A [InvAscent exits Synergia life Sciences with over 11-fold returns after sale to Novozymes]( [Adda247 acquires UPSC test prep platform StudyIQ Education]( [Kedaara Capital strikes back-to-back bets in IT services space]( [Tarun Katial’s Eve World acquires femtech brand Femcy]( [India Inc records 199 deals worth $3.5 bn in November; volumes increase 34%]( [Open acquires consumer neo-banking platform Finin for $10 mn]( Markets [Somerset-backed Hexagon Nutrition to file for up to Rs 600 cr IPO early next week]( [Warburg Pincus sells partial stake in CAMS; fetches annualised return of over 50%]( [Indian shares fall on inflation worries, hawkish cenbanks]( [GLOBAL MARKETS-Asian shares near year-low as inflation, Omicron fears sap confidence]( [Indian shares fall on global inflation worries; IT stocks shine]( [ADIA, Blackstone acquire stake in Indiabulls Housing Finance]( [IPO-bound Ola raises $500 mn through Term Loan B]( [Indian shares end four-day losing streak on IT boost]( [Indian edtech giant Byju's in talks to go public via SPAC route - Bloomberg News]( [Asian stocks extend rally as upbeat Fed stokes risk appetite]( [Fed heads for the exits despite Omicron. Who will follow?]( [Investors eye Fed to plot next move in Omicron fog]( [Indian shares, rupee fall ahead of Fed decision; Paytm plunges]( [India's Paytm slides as anchor investors lock-in period expires]( [GLOBAL MARKETS-Stocks cling to gains ahead of slew of cenbank meetings]( [Indian shares fall on inflation worries, eye global cenbank decisions]( [India's Nov WPI inflation hits 12-year high of 14.23% y/y]( [Indian shares fall as Omicron spread dents risk appetite]( [Indian shares fall as Reliance weighs, investors await inflation data]( [Indian shares rise on metals, IT boost; Tega Industries soars in debut]( [GLOBAL MARKETS-Asia stocks rise, markets ready for central bank parade]( [Indian shares rise as metals, energy stocks gain]( People [How Shantanu Naidu is nurturing three startups inspired by Ratan Tata]( [Tide to hire over 600 techies in India over the next five years]( [Good Glamm Group appoints Sukhleen Aneja as the CEO]( [Former Spark Capital I-banking head Skanda Jayaraman joins VC-backed Qapita]( [Cuemath strengthens leadership team with new appointments]( [Backend automation startup Signzy ropes in PayPal India executive as its Chief Growth Officer]( [CoinSwitch Kuber ropes in WhatsApp India's Ashish Chandra as General Counsel]( Q&A [We will expand 10-minute deliveries to 100 cities by March 2022, says Blinkit’s (earlier Grofer) Albinder Dhindsa]( others [PropReturns raises $1.2 mn funding from Y Combinator, others]( [London-based Genevra Associates invests in B2C marketplace HOSH]( [Indian shares rise as Fed tapering signal boosts economic recovery hopes]( [CocoWorks raises funds; Nexus Incubator backs E-rehab platform]( [Shriram Group to merge all financial services biz to create India's largest retail finance NBFC]( [Paytm says it clocked $22.4 bn in GMV in October, November]( [Law firm Singh & Associates rebrands as S&A Law Offices]( VCCircle Upcoming Events Events Title Date City [7 Digital Dialogues]( Jan 21-22 Hybrid Event Early bird discounts and Group concession fees available. 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