A consortium comprising Bandhan Financial Holdings Limited (BFHL) and private equity investors GIC (GIC) and ChrysCapital (CC) is to acquire IDFC Asset Management Company Ltd (IDFC AMC) and IDFC AMC Trustee Company Ltd…
Rakesh Jhunjunwala, healthcare-focused private equity firm Quadria Capital, and other existing shareholders of Ahmedabad-based Concord Biotech Ltd are likely to dilute part of their stakes in the company, as the active…
Pune-based electric vehicle startup Pinnacle Mobility Solutions is in talks with several global ESG funds, growth funds and a couple of sovereign wealth funds to raise USD 100 million (more than INR 750 crore) for its…
In a bid to support the Indian electric vehicle (EV) segment, the Maharashtra government has announced that it will create an EV-focused fund to help EV startups to scale operations. Maharashtra accounts for 32% share…
Venture Catalysts-backed Beams Fintech Fund has completed the first close of its maiden fund at USD 36 million (INR 270 crore). The first close of its fund saw participation from both domestic and international…
Speciale Invest, a venture capital firm focused on deep tech and software-as-a-service (SaaS) investments, has marked the final close of its second fund at INR 286 crore. The fund had raised INR 120 crore in April last…
Aavishkaar Capital has raised more than INR 1,000 crore (USD 130 million) for the first close of its latest impact investment fund, Aavishkaar India Fund VI. Investors in the fund include British International…
Publicly listed Nazara Technologies is to invest USD 2.5 million in US-based game fund Bitkraft Ventures. Of this, USD 875,000 will be invested upfront, while the balance investment amount of USD 1.625 Million will be…
Dawaa Dost, a Hyderabad-headquartered omni-channel generic medicines pharmacy chain, has raised debt funding from Grameen Impact - a social impact fund created by contributing to the UN's sustainable development goal…
Men's innerwear and loungewear brand XYXX, has got Indian cricketer KL Rahul as its first ambassador as well as an investor in the company. The company will strengthen its online presence and robust geographical…