Deal updates

Realty tech start up, Snaptrude Technologies, raises INR4.33crores in funding from domestic and international investor club.

Bangalore based realty tech startup, Snaptrude Technologies has recently raised INR 4.33 crores in its third round of funding, from the investor club consisting of Mauritius based Accel India V (Mauritius) Ltd., Bangalore based Brigade Innovations and Indus Homes Pvt. Ltd. The Spice Route legal team consisting of Mathew Chacko, Aadya Misra, and Nikita Swamy …

Realty tech start up, Snaptrude Technologies, raises INR4.33crores in funding from domestic and international investor club. Read More »

Lucknow based Hostello raises INR 1 crore from angel investors club.

In an example of more investments being infused into tier-2 Indian cities, an angel investors club has recently pumped INR 1 crore into Lucknow based student hospitality start-up, Hostello. The company was founded on the idea of providing quality living spaces to students who migrate from smaller towns into bigger cities for better educational opportunities. …

Lucknow based Hostello raises INR 1 crore from angel investors club. Read More »

Spice Route Legal advised Helix Investments in its USD7.5 million investment in Dentzz Dental Care

Helix Investments, an investment fund backed by Culbro LLC and Bloomingdale Properties, invested USD 7.5 million in Mumbai-based Dentzz Dental Care. Dentzz is a super-specialised dental care brand with clinics in Mumbai and Dubai. Praveen Raju, Renuka Abraham and Swarna Jain advised on the deal. Media reports of this deal can be found here:https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/helix-invests-rs-50-crore-in-dentzz/articleshow/71195220.cms?from=mdrhttps://www.vccircle.com/private-equity-firm-helix-invests-in-dental-clinic-chain-dentzz/

Foundamental GmbH invests USD 2 million into fleet management solutions company, LococNav.

The Spice Route Legal team comprising of Mathew Chacko, Aadya Misra and Nikita Swamy advised Berlin-based global venture capital fund, Foundamental GmbH, in its Series B follow up investment of USD 2 million into LocoNav (BT Tech Labs Pvt. Ltd.), a Gurugram-based company working on a fleet management solutions, using IoT and intelligent analytics. For …

Foundamental GmbH invests USD 2 million into fleet management solutions company, LococNav. Read More »

AgroTech sector gets a boost with INR 5.6 crore investment into Flybird Farm Innovations

Flybird Farm Innovations has received an investment of INR 5.6 crores from Platforma Agritech Private Ltd. Flybird, which is a major name in the Agrotech sector, focuses primarily on the use of sensors in the soil to detect moisture content and control irrigation in farms across South India.Spice Route Legal team, comprising of Mathew Chacko …

AgroTech sector gets a boost with INR 5.6 crore investment into Flybird Farm Innovations Read More »

E-Learning platform Curieo Pvt. Ltd. raises INR 3.5 million from Villgro Innovations foundation

Bangalore based, e-learning platform, Curieo Pvt. Ltd. has recently raised INR 3.5 million from Villgro Innovations. The Spice Route Legal team comprising of Mathew Chacko, Nikita Swamy and Kavya Pankaj advised Curieo through the fund-raising process. Villgro is India’s oldest and foremost social enterprise incubator that trains and funds early stage social entrepreneurs whose innovations …

E-Learning platform Curieo Pvt. Ltd. raises INR 3.5 million from Villgro Innovations foundation Read More »

Singapore based Axon Smart health raises SGD 1.6 million from EduSpark International

Axon SmartHealth Pte. Ltd., a Singapore based venture, revolutionising healthcare through the use of technology, has recently raised SGD 1.6 million in funds from Singapore based EduSpark International. The Spice Route Legal team comprising of Mathew Chacko and Ankita Hariramani advised Axon SmartHealth on the fund-raising process and other corporate legal matters. For any comments …

Singapore based Axon Smart health raises SGD 1.6 million from EduSpark International Read More »

Avyan Renewable acquires stake in Chennai-based SunEdison Infrastructure

Avyan Renewable, a renewable energy company based in Chennai, has acquired majority shareholding in Chennai-based SunEdison Infrastructure. SunEdison works towards providing solar lighting and heating solutions and is one of the largest global renewable energy development company. Spice Route Legal’s Praveen Raju, one of India’s leading M&A experts, advised Avyan Renewable through the acquisition process. …

Avyan Renewable acquires stake in Chennai-based SunEdison Infrastructure Read More »