Atomicwork has raised $11 million in a seed round, while Grip Invest has taken legal action against BigSpoon. Also, Lighthouse has exited Bikaji Foods.
National Investment and Infrastructure Fund Limited (NIIFL) Fund of Funds on Monday said it has proposed to invest up to $48.5 million (Rs. 400 crores) in the latest mid-market private equity fund of Lighthouse Funds.
Lighthouse has raised more than $450 million over the years and has invested in Indian companies that include popular online beauty retailer Nykaa and ethnic apparel and home accessories brand Fabindia.