Novo Holdings led a $75m series C round for Kate Farms while PayU and InfoEdge Ventures participated in DotPe’s $58m series B.

M&A Last-mile delivery service Instabox has merged with Budbee, a Sweden-based smart lock technology provider backed by fashion retailer H&M, in a SEK18bn ($1.7bn) deal. Fund Italian bank Intesa Sanpaolo’s Neva unit has raised €250m ($250m) for its first fund to back Europe-based startups. In addition to Intesa Sanpaolo, other banking foundations including Compagnia di…

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