In June 2021, Indian businesses witnessed a significant influx of capital, totaling approximately $4.1 billion across 121 deals, as reported by Aurum Equity Partners. Notably, top investors including Sequoia Capital, Tiger Global, Accel, Blume, and Elevation Capital were prominent players in the investment landscape during the month.

Vini Cosmetics Secures $625 Million Investment from KKR

KKR, a major investor in Jio, acquired a 54% stake in Vini Cosmetics, the manufacturer behind the popular Fogg brand of deodorants, for $625 million. This move provided partial exits for existing stakeholders such as Sequoia Capital and Vini Cosmetics’ founder group led by Darshan Patel and Dipam Patel.

BYJU’s Leads as India’s Most Valued Startup with $351 Million Fundraise

BYJU’s, the leading edtech startup globally, raised $350 million from investors including UBS Group, Zoom founder Eric Yuan, Blackstone, and others, surpassing Paytm to become India’s most valued startup at $16.5 billion.

PharmEasy Raises $300 Million for Thyrocare Acquisition

E-pharmacy unicorn PharmEasy secured $300 million from existing investors to support its acquisition of Thyrocare, a public-listed diagnostic chain, for $612 million. Investors like TPG, Temasek, B Capital, Prosus, and Think Investments participated in this funding round.

Urban Company Joins the Unicorn Club with $255 Million Funding

Urban Company, a hyperlocal services provider, entered the unicorn club after raising $255 million in a Series F round led by Prosus Ventures, Dragoneer, and Wellington Management, valuing the company at $2.1 billion.

Eightfold AI Receives $220 Million from SoftBank to Enhance AI Technology

Eightfold AI, an AI-powered talent intelligence platform, raised $220 million in its Series E round led by SoftBank Vision Fund 2, bringing its total funding to over $410 million. The funds will be utilized to further develop its talent intelligence platform.

BrowserStack Becomes Most Valued SaaS Unicorn with $200 Million Round

BrowserStack, a software testing platform, raised $200 million in its Series B round led by BOND, achieving a valuation of $4 billion. The company aims to strengthen its position as the most valued venture-backed SaaS firm in India.

Fourth Partner Energy Secures $125 Million Investment from Norfund and TPG Capital

Fourth Partner Energy, a Hyderabad-based company focusing on the commercial and industrial energy segment, received $120 million investment from Norfund and TPG Capital’s RISE Fund, enhancing its operations portfolio.

Encube Ethicals Raises $100-120 Million at $800 Million Valuation

Encube Ethicals, a topical drug manufacturer, secured $100-120 million from Quadria Capital and Gulf Islamic Investment, with a portion allocated for launching new product lines.

These investments reflect the robust growth and investor confidence in India’s business landscape, spanning various sectors from technology and healthcare to energy and consumer goods.