Bertelsmann India Investments

LetsTransport passes resolution to raise Rs 113 crore from Bertelsmann India Investments

Once the fresh round is complete, BII will own 44.7 percent of LetsTransport

LetsTransport in talks to raise $15 million from Bertelsmann India Investments in a down round

The latest internal round will be a mix of primary capital and also include a secondary shares sale where Fosun, an early backer of LetsTransport, will dilute its stake, Moneycontrol has learnt

Accel-backed Orange Health announces first ESOP, equity buyback worth $1 mn

Half of the $1 million buyback will constitute ESOPs while the other half would be equity held by its investors.

Fund will have a 10-12 year life cycle, won’t strategise based on the last 6-8 months : Bertelsmann India Investments’ Makkar

BII recently invested in two future-of-work themed start-ups from its newly announced fund of $500 million to be invested into Indian start-ups in the next few years.

Enterprise gig platform Awign raises $15 million in Series B funding round

Awign said it aims to add over five lakh annually active gig partners by 2025, and wants to get to 30 crore tasks on the platform.

Bertelsmann India announces $500-million fund for startups

For 2022-23, BII says it plans to focus investments in healthtech, enterprisetech, future of work, fintech and agritech, and also explore disruptive technologies like Web3 and deeptech.

Diagnostic lab service, Orange Health raises $25 million led by Bertelsmann India Investments, General Catalyst

The funds raised will be deployed in product development as well as technology across systems, user experience, and building laboratories. The company also plans to expand to new markets and strengthen its teams across all functions.

Eruditus raises $8 million from Bertelsmann

The company plans to use the funding to add new programmes with existing and new university partners as well as expand its geographical footprint to China, Latin America and Europe, the executive education programmes provider said in a release.

Pepperfry raises Rs 210 crore from existing investors

Online furniture marketplace to use funds to fuel growth and expansion. Latest funds infusion comes from Goldman Sachs, Bertelsmann India Investments, Norwest Venture Partners, and Zodius Technology Fund.

Treebo Group of Hotels raises Rs 112 cr in Series-B funding

Existing investors, SAIF Partners and Matrix Partners India also participated in the round of funding, it said in a statement.

Lendingkart raises Rs 205 cr in Series B funding, led by BII

"With Bertelsmann India Investments (BII) onboard, we look forward to leveraging its deep understanding of global financial products as well as Internet businesses," Lendingkart Group co-founder and CEO Harshvardhan Lunia said in a statement.

Kartrocket raises $6 mn from Bertelsmann India, others

Existing investors, Nirvana Digital India Fund, Nirvana Digital Investment Holding Co Ltd, US-based 500 Start-Ups and Singapore's Beenext also participated in the fresh round of funding, KartRocket said in a statement.