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Tiger Global-backed Infra.Market divests stake in subsidiary, nets $20 mn

New Delhi, May 31 -- Infra.Market, the business-to-business construction material marketplace last valued at $2.5 billion (Rs 20,872 crore), has divested part of its stake in subsidiary RDC Concrete, ... Read More


True North-backed ACT Fibernet invests in Aprecomm

New Delhi, May 31 -- ACT Fibernet, broadband and internet service provider-backed by private equity firms such as True North and TA Associates, has invested an undisclosed amount in network intelligen... Read More


EV maker Euler Motors raises additional $24 mn, closes Series C round

New Delhi, May 29 -- Commercial electric-vehicle maker Euler Motors, which raised nearly $60 million in fresh capital in October 2022 and about $14.5 million in November 2023 as a part of its Series C... Read More


Infra.Market raises fresh capital to expand in MENA region

New Delhi, May 28 -- Mars Growth Capital, a joint venture of Japan's Mitsubishi UFJ Financial Group's banking subsidiary MUFG Bank and Israel-based Fintech Liquidity Capital, has topped up its investm... Read More


Oyo makes U-turn on IPO plans again, Ixigo gets SEBI nod to list

New Delhi, May 22 -- Softbank-backed Oyo, operated by Oravel Stays Ltd, has withdrawn its preliminary IPO documents again, causing delay in its plans to list on the bourses. Meanwhile, Peak XV-backed ... Read More


Byju Raveendran's brother Riju held in contempt by US court

New Delhi, May 22 -- A US court on Tuesday held Riju Ravindran, brother of Byju Raveendran, in contempt of court for failing to "disclose or ascertain the location of the $533 million" that he transfe... Read More


PB Fintech founders offload partial stake in the company for $130 mn

New Delhi, May 17 -- Yashish Dahiya and Alok Bansal, co-founders of listed firm PB Fintech, which runs insurtech platform Policybazaar and fintech platform Paisabazaar, have sold part of their stake w... Read More


Drone startup Dhaksha's valuation triples as Coromandel to make a top-up

New Delhi, May 13 -- Chemicals maker Coromandel International Ltd, a part of the Chennai-based multinational conglomerate Murugappa Group, Monday announced fresh investment in Dhaksha Unmanned Systems... Read More


Venturi Partners acquires stake in K12 Techno in secondary deal

New Delhi, May 9 -- Singapore-based private equity player Venturi Partners has entered a definitive agreement with Navneet Learning LLP to acquire a 5.12% stake in K12 Techno Services Pvt. Ltd for Rs ... Read More


Ventureast on the way to scoring over 100x returns in dream exit

New Delhi, May 3 -- Ventureast, one of the oldest venture capital firms operating in India that has over $400 million (Rs 3,338 crore) in assets under management, has managed yet another rich harvest ... Read More