premji invest

SoftBank Group -backed Cohesity told Reuters on Wednesday it agreed to acquire the data protection business of information technology company Veritas, in a deal that sources said is worth about $3 billion, including debt.Cohesity has raised about $1 billion from investors, including Haveli Investments, Premji Invest and Madrona, to help fund the transaction, one of the sources said, requesting anonymity because the companies are not disclosing financial terms.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Amid the ongoing funding winter, investment in Indian startups managed to cross the $1 billion dollar mark in March, on the back of late-stage funding in eyewear seller Lenskart and Walmart-owned fintech PhonePe. The total funding for startups this month stood at $1.14 billion across 102 rounds, according to data provided by market intelligence firm Tracxn. This represents a 74% slump in funding on a year-on-year basis compared to $4.48 billion raised by startups across 378 rounds in March 2022. ETtechCompared to…

Indian startups received $140 million in funding over the week across 20 rounds, 90% lower compared to the same period last year when $1.43 billion came in as across various companies, according to data from market intelligence firm Tracxn. ETtechCompared to last week, startups saw a dip of 69% in funding, from $450 million raised across 26 rounds.Supply-chain financing platform Mintifi bagged the biggest share of the funding this week by picking up $110 million in a late-stage funding round led by Premji Invest. This…