<h1 class="entry-title">Category: News</h1>

Here Are Your Options As An NRI If You Want To Invest In Indian Equity Shares And Debt

Indian citizens who once actively invested in Indian markets lose this opportunity once they move offshore because of work or other commitments. These Indian citizens are called non-resident Indians (NRIs). Incidentally, they too can invest in India, subject to the fulfilment of certain conditions. Technically speaking, NRIs are either Indian citizens or persons of Indian origin […]

BluSapphire raises $9.2mn in Series A Funding from Barings PE India, Dallas Venture Capital

Full-stack cybersecurity platform BluSapphire Cyber Systems has raised $9.2 million as part of its Series A round. The round was led by Barings Private Equity India with participation from cross border VC firm Dallas Venture Capital, Binny Bansal backed xto10x, RPG Ventures & Merisis Venture Partners. ValueBridge Capital was the sole advisor for this transaction. […]

Moonshine-Maker Ronin Wines Rakes In Fresh Funding

Ronin Wines, which sells mead under the brand name Moonshine Meadery, on Thursday announced that it has raised $2 million in its pre-series A funding round led by Anthill Capitaland.  The round also saw the participation of Auxano Capital, Supermorpheus and Merisis. Existing and new angel investors also participated in the mop-up. Value Bridge Capital […]

Shreyas Chandra to head marketing for Merisis Opportunities Fund

Mid-size Investment Bank, Merisis Advisors that recently announced its flagship Merisis Opportunities Fund, has appointed Shreyas Chandra to head marketing of its Rs 150 crore AIF Cat-1 Angel fund. Chandra will be responsible for building relationships with Individuals and Family offices for the Merisis group and help them come on board the maiden fund offering by the Group. Merisis plans to launch its second […]

TVS Motors acquires 48% stake in Narain Karthikeyan’s two-wheeler startup DriveX

Leading two-wheelers manufacturing firm TVS Motor Company on 24 August announced an acquisition of 48 percent stake in Narain Karthikeyan’s two-wheeler startup DriveX for ₹85.4 crores. Karthikeyan’s firm Nkars Mobility Millennial Solutions Private Limited (NMMSPL)operates a digital platform ‘DriveX’ which provides two-wheelers to customers on a subscription model for a flexible tenure and on a purchase […]

Merisis appoints Ruchir Kapoor to strengthen its fintech practice, wealth management foray

Mid-market investment bank, Merisis Advisors announced the appointment of industry veteran Ruchir Kapoor as Director-Wealth Management & Co-Head Fintech. Kapoor comes with 20+ years of rich experience across Wealth Management, Fintech, NBFC, Trade and SME banking and has led large teams across multiple geographies. He has worked with corporates like Swift, Essel Finance, Tata Capital […]

ValueBridge Capital advises Oliveboard on its Rs.23 Cr Pre-Series A funding

ValueBridge Capital, a subsidiary of Merisis Advisors, is pleased to announce a Rs. 23 Cr. equity fund raise for its client Oliveboard led by IAN Fund along with Education Catalyst Fund and Yukti Securities. ValueBridge Capital was the exclusive financial advisor to Oliveboard on the transaction. Oliveboard plans to use the new funds to expand its offerings to […]

Merisis Advisors to raise a dedicated startup fund

Mumbai-based Merisis Advisors, which helped Ola and Ixigo bring in new investors, is raising a dedicated startup fund as it seeks to tap opportunities from the pandemic-aided digital boom. The fund will likely collect up to Rs 200 crore from a set of global private equity firms and local wealthy individuals or family offices. Christened Merisis Opportunities Fund, and […]

25 Nov

Merisis advises Truebil on its sale to Spinny

Merisis Advisors is pleased to announce the acquisition of its client Paix Technology Pvt. Ltd. (Truebil) by Valuedrive Technologies Pvt. Ltd. (Spinny). Merisis was the exclusive financial advisor to Truebil for this transaction. Truebil was co-founded by ex-IITians namely Suraj Kalwani (CEO), Ravi Chirania, Shubh Bansal, Rakesh Raman and Ritesh Pandey in 2015. Truebil is [...]