Tag: Premji Invest

  • Premji Invest leads a $45 Mn funding round for LambdaTest

    Premji Invest leads a $45 Mn funding round for LambdaTest

    LambdaTest, a leading end-to-end cloud-based test orchestration platform, has closed a total of $45 million in a venture round led by Premji Invest with participation from existing investors Sequoia Capital India, Telstra Ventures, Blume Ventures, and Leo Capital. Sandeep Johri, Ex-CEO and present board member of Tricentis, has also angel invested in this round. “A […]

  • ADV Partners, Premji Invest to acquire a majority stake in Micro Plastics

    ADV Partners, Premji Invest to acquire a majority stake in Micro Plastics

    Asian private equity firm ADV Partners and Premji Invest have announced to acquire a majority stake in Bengaluru based plastic molding company Micro Plastics Private Limited (MPPL). “The investment will catalyze the next stage of MPPL’s growth plans by supporting significant expansion and development of new manufacturing facilities to cater to increasing demand from customers,” […]

  • KreditBee raises an additional $70 mn from NewQuest Capital and Motilal Oswal Private Equity

    KreditBee raises an additional $70 mn from NewQuest Capital and Motilal Oswal Private Equity

    Bengaluru-based lending Platform KreditBee has raised $70 million in a follow-on series C round from TPG backed NewQuest Capital Partners and Motilal Oswal Private Equity. “The funds will be deployed towards expanding the lending portfolio to different products, and developing an offline-online lending capability to bridge the consumer financing needs,” the statement added. Earlier in […]

  • KreditBee concludes $75 mn in Series C round from Premji Invest and others

    KreditBee concludes $75 mn in Series C round from Premji Invest and others

    Bangalore based fintech startup KreditBee has raised $75 million in Series C of the primary and secondary round. The round was led by Premji Invest in participation from other investors including Mirae Assets Naver Asia Growth, Alpine Capital, and Akram Ventures. “The company plans to use the current round of fundraise to support its effort […]