The British International Investment (BII) and TDK Ventures-led fundraising round for agritech firm Fasal brought in about $12 million (approximately Rs 100 crore).

In a Series F investment round headed by British International Investment (BII), Aye Finance secured INR 310 Cr. A91 Partners, an existing shareholder in Aye, and the Waterfield Fund of Funds also took part in the round.

The second fund's final close has been announced by early-stage venture capital firm Pi Ventures, which makes investments in deep tech and artificial intelligence firms. With a total investment of Rs 702 crore ($85 million), the fund closed above its target of Rs 565 crore.