🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Related News

Somerset Indus Capital Partners closes Fund III at $288 Mn

EntrackrEntrackr · 10d ago
Somerset Indus Capital Partners closes Fund III at $288 Mn
Medial

Somerset Indus Capital Partners today announced the successful fundraise of its third fund, Fund III, at $288 million, exceeding its initial target of $250 million. Fund III witnessed robust participation from a diverse group of global institutional investors, including development finance institutions (DFIs), global investment firms, domestic financial institutions, insurance companies, funds of funds, family offices, and impact investors across Europe, the United States, and Southeast Asia. With Fund III, Somerset will continue to focus on addressing healthcare access gaps across India’s “missing middle,” particularly in Tier II and Tier III markets. The fund will invest in scalable healthcare businesses delivering affordable and accessible quality care across healthcare delivery, pharmaceuticals, medical devices, diagnostics, and allied sectors. Somerset typically invests between $15 million and $40 million per portfolio company. However, through co-investment syndication alongside its LP network, the firm has the flexibility to participate in significantly larger transactions in the range of $60–80 million. The additional capital will enable it to support larger and more structurally transformative opportunities across areas such as preventive care and OPD-linked insurance, healthcare financing, embedded insurance solutions, value-driven generics, India-focused MedTech innovation, and diagnostics platforms improving accessibility and standardisation beyond metro markets. Through Fund III, Somerset has already made three investments, including Cyrix Healthcare, Printmann Offset, and NU Hospitals. The firm claims that its earlier funds have delivered strong performance, with Fund I generating approximately 4.0x DPI, while Fund II is advancing toward exits, with its first realisation completed in September 2025 at approximately 4x MOIC.

Stride Green raises $3.5 Mn in seed round

EntrackrEntrackr · 10m ago
Stride Green raises $3.5 Mn in seed round
Medial

Stride Green raises $3.5 Mn in seed round Gurugram-based climate-tech platform Stride Green has raised $3.5 million in a seed funding round led by Micelio Technology Fund and Incubate Fund Asia, along with participation from other strategic investors. The proceeds will be used to expand the team, enhance its technology platform, and support its growth across India's clean energy transition sectors, including electric mobility, battery storage, and renewable energy. Founded by Ishpreet Gandhi and Vivek Jain, Stride Green provides asset financing and lifecycle management solutions tailored for sustainable businesses. It uses its proprietary tech stack to offer real-time analytics, alerts, and operational insights aimed at improving asset performance and longevity. The platform currently manages over 3,000 cleantech assets and collaborates with original equipment manufacturers and logistics firms. Stride Green facilitates leasing and financing solutions for these sectors, enabling companies to scale sustainably. Stride Green is also planning geographical and vertical expansion to deepen its role within the climate-tech space.

Unicorn India Ventures closes Fund III at Rs 1,200 Cr

EntrackrEntrackr · 1m ago
Unicorn India Ventures closes Fund III at Rs 1,200 Cr
Medial

Unicorn India Ventures closes Fund III at Rs 1,200 Cr Deeptech-focused venture capital firm Unicorn India Ventures has closed its third fund at Rs 1,200 crore, surpassing its initial target of Rs 1,000 crore. LPs in Fund III include HNIs, UHNIs, family offices, and institutions. Backers include Sidbi, SBI, Nabard, and the state governments of Kerala, Madhya Pradesh, and Odisha. According to Unicorn India Ventures, the fund focuses on investments in semiconductors, spacetech, and AI infrastructure. The VC firm claims to have already seen strong early traction, with seven to eight portfolio companies witnessing substantial follow-on rounds. The fund will make 20 investments with an average ticket size of 10-15 crore. It plans to announce four investments in the coming months across quantum sensing, agritech, and spacetech. Across its three funds, the VC firm has built a portfolio of nearly 50 companies, with a total portfolio valuation of about $5 billion. The firm says that it is largely staying away from AI applications (SaaS) and focusing on AI infrastructure such as semiconductors, data centres, power, and enabling technologies. It is also actively exploring nuclear micro power generation as an enabler for AI. Another major trend playing out in the fund is the growing presence of academicians as startup founders. Four to five companies in Fund III are led by academicians, with one of them being a teaching academic. Unicorn India Ventures (UIV) is a Mumbai-based, SEBI-registered Alternative Investment Fund (AIF) launched in 2015 by Bhaskar Majumdar and Anil Joshi. It acts as an early-stage venture capital firm investing in technology-led startups, focusing on seed to pre-Series A rounds with investments ranging from Rs 1 to 10 crore. The firm supports B2B, SaaS, and DeepTech sectors, aiming to build, support, and scale companies, with over 60 investments to its credit.

Inflexor Ventures eyes first close of $150 Mn Fund III by Q2 FY26: Report

EntrackrEntrackr · 10m ago
Inflexor Ventures eyes first close of $150 Mn Fund III by Q2 FY26: Report
Medial

Inflexor Ventures eyes first close of $150 Mn Fund III by Q2 FY26: Report Early-stage venture capital firm Inflexor Ventures is targeting the first close of its $150 million (Rs 1,250 crore) Fund III by the end of Q2 FY26. As per the ET report, the new fund will focus on emerging sectors such as healthcare devices, EV battery tech, and foundational large language models (LLMs), reflecting a pivot toward less crowded, high-tech verticals. Fund III will invest in 25–27 startups, largely at the pre-Series A to Series A stage, with average cheque sizes of $2.5–3 million for a ~15% stake. The firm’s current portfolio includes Atomberg, Bellatrix Aerospace, CredFlow, and Bioprime Agrisolutions. With this fund, Inflexor expects its total portfolio to cross 50 startups. Inflexor also announced the closure of its Rs 350 crore Opportunities Fund through the acquisition of its first fund’s portfolio (Parampara Capital), led by HDFC Asset Management Co., providing early liquidity to initial investors. Founded by Venkat Vallabhaneni, Jatin Desai, and Pratip Mazumdar, Inflexor Ventures has over $120 million AUM and has backed over 25 startups across deeptech, spacetech, cybersecurity, AI, and consumer tech.

A91 Partners closes $665 Mn Fund III

EntrackrEntrackr · 11m ago
A91 Partners closes $665 Mn Fund III
Medial

A91 Partners has announced the final close of its third fund at $665 million. With Fund III, A91 plans to continue backing growth-stage businesses and supporting founders with scale and strategic capital. “We started A91 in 2018 with the following beliefs - patient capital will play an important role in accelerating value creation in Indian businesses across sectors. We also believed in the opportunity to create a world-class Indian investment firm - for founders who are aiming to build large enduring businesses from India. All these beliefs have been strengthened over the last 6 years,” said A91 Partners in a Linkedin post. Founded in 2018 by former Peak XV partners Gautam Mago, Abhay Pandey, Kaushik Anand, and VT Bharadwaj, A91 Partners was created to support Indian entrepreneurs building long-term businesses. The firm focuses on investing across sectors such as consumer, healthcare, financial services, and technology. The firm said it remains committed to being a long-term partner to both founders and Limited Partners as it continues to grow its presence in the Indian private equity landscape. A91 Partners has also made investments in sectors like coffee, spices, and home appliances, including backing brands such as Atomberg. It led a $30 million Series B funding round in Blue Tokai Coffee Roasters. The firm’s portfolio includes companies like Digit Insurance, Inshorts, Sugar Cosmetics, Exotel, Healthkart, Paper Boat, and Plum, among others. Go Digit General Insurance, one of A91’s portfolio companies, went public last year. In a recent disclosure, the International Finance Corporation (IFC) said that it is considering an investment of up to $35 million in A91 Partners’ third fund, with the possibility of committing an additional $30 million for co-investment opportunities.

Download the medial app to read full posts, comements and news.