Funding value jumps 4x on Amp Energy, Lenskart deals
Mint Mumbai|June 19, 2023
The total value of private equity and venture capital deals in India surged nearly fourfold last week from the previous five-day period, thanks to a couple of large investments by private equity firms and several mid to small-sized transactions
K.Amoghavarsha & Priyal Mahtta
Funding value jumps 4x on Amp Energy, Lenskart deals

BENGALURU : Startups cumulatively raised $851 million from VC and PE firms last week, compared to $241 million in the preceding week, showed data collated by VCCircle. Deal volume, however, remained unchanged at 18 transactions last week.

In the week’s largest deal, Japan’s Sumitomo Mitsui Banking Corp., Asian Infrastructure Investment Bank, and PE firm Intermediate Capital Group (ICG) invested $250 million in Amp Energy India. A few weeks ago, VCCircle reported on ICG’s $50 million investment in the renewable energy company.

Omni-channel eyewear retailer Lenskart received the second largest fund infusion last week, garnering a $100 million investment from homegrown PE firm ChrysCapital.

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Diese Geschichte stammt aus der June 19, 2023-Ausgabe von Mint Mumbai.

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