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SaaS firm Zaggle re-appoints Godkhindi as CEO, MD

New Delhi, May 8 -- Zaggle Prepaid Ocean Services Ltd, which operates the listed software-as-a-service (SaaS) fintech startup Zaggle, Wednesday said it has re-appointed Avinash Ramesh Godkhindi as the... Read More


Myelin Foundry, Atomgrid secure early-stage funding

New Delhi, May 8 -- Deeptech startup Myelin Foundry and chemical manufacturing firm Atomgrid secured early-stage funding, the companies said on Wednesday. Myelin Foundry Myelin Foundry has raised $4... Read More


Valar Ventures-backed Simpl lays off 100 employees, sets timeline to turn profitable

New Delhi, May 8 -- Valar Ventures-backed buy-now-pay-later platform Simpl has laid off nearly 100 employees across verticals as part of cost-cutting measures, people aware of the development told VCC... Read More


Carlyle-backed Quest Global acquires People Tech Group

New Delhi, May 7 -- Private equity major Carlyle-backed product engineering services company Quest Global has acquired a majority stake in enterprise resource planning (ERP) solutions provider People ... Read More


PE firm Admaius Capital expands leadership team with focus on Egypt

New Delhi, May 7 -- Admaius Capital Partners, a Rwanda-based private equity firm with a pan-Africa focus, expanded its leadership team by appointing a fourth managing director as it scouts for more op... Read More


IndusLaw promotes seven lawyers to partnership

New Delhi, May 7 -- Full-service law firm IndusLaw has elevated seven of its principal associates to partnership at its offices in Mumbai, Bengaluru and New Delhi. The newly-elevated partners include... Read More


Parseable, four others raise early-stage funding

New Delhi, May 7 -- Analytics platform Parseable, luggage maker Icon, software-as-a-service (SaaS) startup Knit, gourmet grocer Landcraft Retail and fleet management startup trackNOW secured early-sta... Read More


Affirma Capital tweaks exit plan from India portfolio firm to fetch higher returns

New Delhi, May 7 -- Emerging markets-focused private equity firm Affirma Capital has tweaked its plan to partially harvest its investment in an India portfolio company after already taking out almost ... Read More


Wealth management firm Client Associates marks first close of maiden VC fund

New Delhi, May 7 -- Wealth management firm Client Associates, which manages assets under advisory of around $5.5 billion (Rs 45,900 crore), has marked the first close of its maiden venture capital fun... Read More


Quadria Capital to invest $102 mn in India's leading dialysis chain

New Delhi, May 6 -- Healthcare-focused private equity firm Quadria Capital Monday announced an investment of Rs 850 crore ($102 million) in India's largest dialysis services provider, NephroPlus, secu... Read More