There have been promotions within TVS Capital Funds' (TCF) investing team. At TVS Capital Funds, Rajalakshmi Vaiyanathan has been elevated to Principal.
AGNIT Semiconductors, a Bengaluru-based firm focused on Gallium Nitride (GaN), has secured $3.5 million in a seed round led by 3one4 Capital and Zephyr Peacock, signifying their initial investment in the Indian semiconductor industry.
Everstage, a SaaS platform that automates sales commissions, secured $30 million sponsored by Eight Roads Ventures, Elevation Capital, and 3one4 Capital.
Zerodha, a stockbroking platform, has announced the establishment of a $1 million annual fund specifically intended to help Free/Libre and Open Source Software (FOSS/FLOSS) organisations across the globe financially.