Apoletto Managers, and Arun Sarin’s family office also participated in the round. This deal closed at a valuation of $250 million, according to two people directly aware of the matter. Read more at: https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/ola-financial-gets-rs-205-crore-from-falcon-edge-matrix-partners/articleshow/76022841.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

The startup has seen a massive jump in the adoption of a crypto exchange platform with COVID-19 throwing traditional markets into a tizzy. https://www.moneycontrol.com/news/business/startup/coindcx-raises-fresh-funding-of-2-5-million-from-polychain-capital-coinbase-ventures-5313031.html

Led by 1Crowd, the funding round also saw participation from Sprout, Angelist, Samar Singla, Founder of Jugnu; Jaideep Mehta, CEO of VCCircle; Mukund Kulashekaran, SVP of Business at UrbanClap, and others. Read more at: https://yourstory.com/2020/05/funding-alert-cloud-kitchen-hoi-foods-raises-2-mn-

“A block deal is expected tomorrow. Promoters plan to sell up to 2.75% stake,” a banker said. https://economictimes.indiatimes.com/markets/stocks/news/bharti-telecom-to-raise-1-billion-via-block-sale-of-airtel-shares/articleshow/75970713.cms

The transaction has been carried out in exchange of investment of CAD 1,000,000. https://www.financialexpress.com/brandwagon/onmobile-acquires-25-equity-stake-in-ai-based-firm-rob0/1968958/

Cybersecurity and data protection solutions provider Quick Heal Technologies on Friday announced that it has made a strategic investment of Rs 2 crore in Ray, a startup specialising in next-generation networking and wireless technology. Read more at: https://yourstory.com/2020/05/funding-startup-cybersecurity-quick-heal-invests-wireless-tech-ray?utm_pageloadtype=scroll

Over the last month, leading technology investors, such as, Facebook, Silver Lake, Vista, General Atlantic and now KKR have announced aggregate investments of Rs 78,562 crore into Jio Platforms.   https://www.moneycontrol.com/news/business/companies/kkr-to-invest-rs-11367-crore-in-reliance-jio-ril-for-2-32-stake-5300311.html