Private Equity firm Samara Capital is to acquire 100% stake in Aditya Birla Insurance Brokers Ltd (ABIBL) at an enterprise value of INR 455 crore (on a cash-free and debt-free basis). The ABIBL stake will be acquired…
Tata Cleantech Capital, the green funding focused NBFC arm of Tata Capital has sold sustainability-linked bonds worth USD 50 million (INR 375 crore) to existing equity investor, International Finance Corporation (IFC)…
Kolkata-based e-mobility startup Motovolt has invested a million euros (INR 9 crore) in German electric vehicle startup, eROCKIT. The initial investment is aimed at strengthening the product development and production…
Bangalore-based battery platform The Energy Company has raised pre-seed funding from LetsVenture, Sia Angels, and We Founder Circle (WFC) and other angel investors. Having tested its flagship product Flexi with fleet…
NoCap Meta, a Mumbai-based Web3 company that provides a range of services including blockchain-based systems, metaverse development, and asset-backed tokens, has raised INR 2 crore from Sunicon Ventures. Founded in…
Kochi-based Superhire has raised seed funding from Whiteboard Capital, with participation from She Capital (SC) and LetsVenture platform. SuperHire is a 'human assisted SaaS' platform that claims to offer companies…
Murugappa Group company Tube Investments of India (TII) and investment firm Premji Invest (through PI Opportunities Fund I Scheme II) are to acquire 100% equity capital of Mumbai-based Lotus Surgicals from India…
Sanjay Nayar, who was non-executive director of InCred Financial Services (formerly KKR India Financial Services Ltd), has resigned from the board of the company, effective March 21. Nayar, who had headed KKR India…
Baby products brand R for Rabbit has raised a pre-Series B round of funding from from Negen Capital. It will deploy the funds towards strengthening its portfolio of consumer goods products, retail expansion, and…