Premji Invest

News and Trends

Amagi Media Labs' IPO to Open on January 13, Price Band Set at INR 343–361

Premji Invest and Accel are set to post strong gains from Amagi's IPO, with Premji Invest eyeing nearly 14x returns and Accel expected to benefit by about 41%.

News and Trends

Centre Court Capital Closes Maiden Fund at INR 410 Cr

The Mumbai-based firm will invest in sports, fitness, wellness and social gaming startups with INR 8–24 crore tickets, targeting 15–18 deals and reserving substantial capital to lead or co lead follow-on rounds.

News and Trends

Snapdeal Parent AceVector Files Updated Draft for IPO Aiming to Raise INR 300 Cr

Several major investors including SoftBank, Nexus Venture Partners and Foxconn will sell shares in the offer for sale, while co founders Kunal Bahl and Rohit Bansal will retain their entire 34.63 percent stake.

News and Trends

Lenskart Raises INR 3,268 Cr from Anchor Investors Ahead of IPO

The company, backed by Premji Invest, allotted 8.13 crore equity shares at INR 402 per share, which is the upper end of the price band.

News and Trends

Wealthtech Firm Dezerv Secures USD 40 Mn Funding Led by Premji Invest and Accel

The round also saw participation from Elevation Capital and Z47, formerly known as Matrix Partners India.

News and Trends

Lightspeed, Premji Invest Lead USD 170 Mn Round in Housing Finance Firm Weaver Services

Earlier, Weaver Services acquired Capital India Housing Finance, which served as its anchor asset.

News and Trends

D2C Jewellery Brand GIVA Secures INR 530 Cr Led by Creaegis

The newly secured capital will be used to expand GIVA's retail and digital presence, upgrade its tech-enabled supply chain, strengthen its lab-grown diamond offerings, and diversify into new product categories.

News and Trends

Three Investor Directors Exit GlobalBees Board Amid Leadership Changes

Representatives from Chiratae Ventures, Lightspeed Venture Partners, and Premji Invest have stepped down from GlobalBees' board, according to the YourStory media sources.

News and Trends

Trident Growth Partners Marks First Close of Maiden Fund at Over INR 1,000 Cr

Trident Growth Partners targets Series B and later-stage investments, acquiring significant minority stakes in category-defining companies across consumer, fintech, enterprise tech, manufacturing, and healthcare sectors.

News and Trends

Biggest Startup Investments This Week: Feb 08–14

The Indian startup ecosystem saw a flurry of funding activity this week, with major investments pouring into fintech, legal tech, cloud computing, and mobility startups. Here's a look at the biggest funding rounds of the week:

News and Trends

AI-Powered CLM Platform SpotDraft Raises USD 54 Mn in Series B Funding

With this fresh capital, the Bengaluru-based company aims to accelerate its AI-driven product development and expand its global market presence.

News and Trends

Top 6 Startups Securing Big Investments This Week (Dec 7–Dec 13)

This week witnessed significant investments in innovative startups across diverse sectors, underscoring the resilience and growth potential of these ventures.

News and Trends

Supply-Chain Financing Platform Mintifi Raises USD 180 Mn in Series E, Valuation Soars to USD 850 Mn

The raised funding will enable Mintifi to diversify its product offerings, such as dealer management systems, loans against property, and factoring services, powered by artificial intelligence.

News and Trends

Wooden Street Raises INR 354 Cr in Series C Round Led by Premji Invest

The Jaipur-based brand aims to use new funding to expand experience stores in tier-I and tier-II cities, enhance omni-channel presence, boost manufacturing, diversify products, and strengthen its supply chain.