Pune-based digital skills assessment platform iMocha has raised USD 14 million in its first round of external funding that was led by Eight Roads Ventures, with participation from existing investors Upekkha and Better…
Bengaluru-based DealShare, a grocery and essentials focused social commerce startup, has received commitment of around INR 969 crore (USD 130 million) from a mix of existing investors like Tiger Global and Alpha Wave…
Mumbai-based, publicly listed Future Enterprises is to sell a 25% stake in its general insurance joint venture, Future Generali India Insurance Company Ltd (FGIICL), to its JV partner Generali Participations…
Telecom operator Bharti Airtel is looking to onboard a strategic investor through allocation of preferential equity shares, which is scheduled to be discussed at its board meeting on January 28. The promoter stake is…
Reliance Industries, along with James Murdoch and Uday Shankar, is to invest over INR 12,000 crore in the entertainment and sports broadcasting business under Viacom18. Murdoch, son of media baron Rupert Murdoch, and…
The Indian tax authority has asked several Mauritius-based private equity (PE) funds to share their minutes of board meetings, deal agreements, residency and addresses of directors, and names of ultimate beneficiaries…
Capital markets regulator SEBI has introduced the framework for Special Situation Funds (SSFs) that will invest only in stressed assets. SSFs have been introduced as a sub-category under Category I Alternative…
A $150 million India-UAE accelerator venture capital fund has been set up in the UAE to invest in cross-border start-ups. It will raise capital from investors across UAE, India and wider GCC countries and invest in a…
Germany-based enterprise software maker SAP has picked up a minority stake in Pune-headquartered Icertis, a cloud-based Unicorn SaaS platform that counts Airbus, Cognizant, Microsoft, and Roche as customers. The deal…
Mumbai-based film and digital studio startup Content Engineers has raised USD 50 million (over INR 370 crore) as an initial investment from Veear Projects. The funds will be used to create intellectual properties of…