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‘Kalaari Capital has seen more than $100 million in exits this year’

Vani Kola-led Kalaari Capital has returned more than $100 million in exits in the current calendar year. This comes at a time when the backer of unicorn companies like Elastic Run, Dream11 and Upstox, among others, has pumped in around $25 million in more than 10 companies this calendar year, Kola said in an interview with Mint. The firm has …

AlmaBetter, a Kalaari-backed global edtech platform, has collaborated with E&ICT Academy, Indian Institute of Technology Guwahati. E&ICT Academy, IIT Guwahati, and AlmaBetter intend to train learners and improve their employability in Data Science, Software Engineering, and other specialized fields According to a press release, under this partnership, learners will be able to acquire an advanced certification in Full Stack Data …

DUBAI : Before the outbreak of the pandemic, Kunal Jhunjhunwala was already battling an existential crisis. The business is now in “a very interesting, aggressive, sweet spot," Jhunjhunwala, managing director, Airpay, said. Airpay raised ₹24 crore in a Series A round in 2017 from investors including venture capital firm Kalaari Capital. Under financial distribution business, Airpay enables the sales of …

We are delighted to announce that the Firm represented Glance InMobi Pte Ltd, part of SoftBank-backed InMobi Group, with investments from Google and Mithril Capital, on its acquisition of 'Shop101' India Private Limited). The 100% acquisition provided an exit to early-stage backers of Shop101, namely, Kalaari Capital, Stellaris Venture Partners, Unilever Ventures Holdings, VY Capital, Ramakant Sharma and Raghunandan Gangappa. …

Twitter-rival Koo has raised $30 million in Series B funding, led by Tiger Global with existing investors also participating in the latest round. Existing investors Accel Partners, Kalaari Capital, Blume Ventures and Dream Incubator also took part in the round, Koo said in a statement. Notably, the fund raising comes amid new IT intermediary rules taking effect, translating into greater …

There's a boom in mobile gaming - addictive fun meets big business The obvious reason for this growth is a burgeoning smartphone user base, coupled with the availability of dirt-cheap data. Dream11, one of the early movers in the fantasy sports category, has raised funds from Tencent, Kalaari Capital and Think Investments in the past. Dhruv Munjal New Delhi In …

South Africa’s Naspers Ltd is in talks to buy a stake worth about $100 million in online fantasy gaming startup Dream11 from Kalaari Capital, Think Investments and Multiples Alternate Asset Management, said two people aware of the matter. Following bumper earnings from the Cricket World Cup and Indian Premier League, Dream11 is now seeking a valuation of $2.5 billion, more …

Instamojo raises funding from Japan’s Gunosy, Kalaari, others

Bengaluru: Online payments company Instamojo Technologies Pvt. Ltd on Wednesday said it has raised ₹ 50 crore in a Series B funding round from Japan’s Gunosy Capital and other investors. Existing investors including Japanese payments firm AnyPay, Kalaari Capital, Beenext Pte Ltd, and Rashmi Kwatra—founder of Singapore-based Sixteenth Street Capital—also participated in the round. From that background, Instamojo has been …