<h1 class="entry-title">Category: Press Release</h1>
25
Nov
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 [...]
28
Sep
Merisis Advisors is pleased to announce a $10.5 million equity fund raise for its client August Jewellery Pvt. Ltd., an online jewellery company operating under the ‘Melorra’ brand, from Symphony Capital, a Hong Kong based PE fund, with participation from family offices and existing investors as well as a $2 million venture debt round from [...]
10
Sep
Merisis Advisors is pleased to announce INR 30 crore debt fund raise for its client Koye Pharmaceuticals Pvt Ltd, a pharmaceuticalmanufacturing company, from BlackSoil Capital Koye Pharma was founded in 2013 by Preetish Toraskar and Ravindra Shenoy, both veterans of the pharma industry. Collectively theyhave around 50 years of experience, which includes leading multi-national pharma [...]
12
Nov
Bengaluru-based Perfios Software Solutions has acquired the intellectual property rights and other assets of digital lending solutions provider FintechLabs Technologies for an undisclosed sum. Noida-based FintechLabs Technologies is engaged in the business of providing digital lending management software to banks, NBFCs (non-banking finance companies), digital lenders and financial institutions in India and overseas. Founded in [...]
22
Jan
Mumbai-based online marketplace for pre-owned cars Truebil has raised a fresh investment of Rs 100 core ($14 million at current exchange rates) in a mix of equity and debt, a company statement said. The round was led by Japanese investor Joe Hirao, the founder of multi-business firm ZIGExN, the statement added. Existing investors Kalaari Capital, [...]
20
Dec
Merisis Advisors is pleased to announce the INR 100 crores Series B fund raise of its client Diptab Ventures Pvt. Ltd, which operates LetsTransport, a logistics platform for intra-city transportation. The round was led by Chinese conglomerate Fosun RZ Capital with key participation from Bertelsmann India Investments, Blacksoil Capital and Japanese investors. LetsTransport, which was […]
14
Aug
Merisis Advisors is pleased to announce that its client, Vogo Automotive Pvt. Ltd., a leading scooter rental company offering an on-demand network of automated IoT enabled scooters, has raised Series A funding from Ola, Matrix Partners, Stellaris Venture Partners, Pawan Munjal, Chairman at Hero MotoCorp Ltd., Aprameya Radhakrishna, Founder & CEO at Vokal India, Mayank […]
09
Aug
Merisis Advisors is pleased to announce the acquisition of its client DemandShore Solutions Pvt. Ltd. by Salesify, a technology marketing company which is part of Ziff Davis, a J2 Global (NASDAQ: JCOM) Company. The acquisition also includes its family of media properties including MarTech Advisor, HRTechnologist and ReadITQuik. DemandShore, one of the first few companies […]
24
Jul
Merisis Advisors is pleased to announce the acquisition of its client Math Adventures Learning Solutions Pvt. Ltd. by Think and Learn Pvt. Ltd., which operates digital ed-tech venture Byju’s. Founded by Vidya Jayaraman and Ashok Nair, Math Adventures helps children learn through a combination of short videos and an activity-based approach that uses workbooks and […]
09
Apr
Merisis advised IARC on this transaction. US private equity firm Blackstone Group LP has set its foot in India’s distressed asset space with a majority stake in an asset reconstruction company (ARC), two people familiar with the development told VCCircle. Blackstone has bought a majority stake in Mumbai-based International Asset Reconstruction Co Pvt Ltd (IARC), […]
