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SSO, Conscious Chemist, Lumov, others raise fresh capital

New Delhi, Dec. 8 -- Cancer treatment hospital chain Specialty Surgical Oncology Hospital (SSO), direct-to-consumer (D2C) cosmetics brand Conscious Chemist, healthtech startup Lumov, fintech platform ... Read More


Haptik co-founder, former Together Fund exec float AI-focused VC fund

New Delhi, Dec. 5 -- Aakrit Vaish, a co-founder of artificial intelligence startup Haptik that was acquired by Reliance Industries Ltd in 2019, and a former executive at early-stage venture capital fi... Read More


DMI Alternatives adds private credit strategy with $120 mn fund

New Delhi, Dec. 4 -- Delhi-based DMI Alternatives, the alternative investment arm of non-bank lender DMI Finance Pvt Ltd, has raised $120 million (around Rs 1,079.7 crore) for its maiden corporate pri... Read More


Japan's Daiwa expands India footprint with second investment in Ambit Group

New Delhi, Dec. 4 -- Japanese investment banking firm Daiwa Securities Group Inc. has invested Rs 286 crore (around $31.8 million) in Ambit Wealth Pvt. Ltd, marking its second bet on a company that's ... Read More


Japan's Daiwa expands India footprint with third investment in Ambit Group

New Delhi, Dec. 4 -- Japanese investment banking firm Daiwa Securities Group Inc. has invested Rs 286 crore (around $31.8 million) in Ambit Wealth Pvt. Ltd, marking its third bet on a company that's p... Read More


VC-backed Furlenco gets fresh capital from Sheela Foam, others

New Delhi, Dec. 3 -- Furlenco, a homegrown furniture rental brand, has secured Rs 125 crore (around $13.9 million) in a new funding round led by existing shareholder Sheela Foam Ltd, with participatio... Read More


Ace investor Mukul Agrawal leads StockGro's Series B round

New Delhi, Dec. 2 -- Investment advisory and market learning platform StockGro said on Tuesday that it has raised Rs 150 crore ($16.7 million) in its Series B round led by ace investor Mukul Agrawal, ... Read More


Tata Communications buying US firm; Indian Hotels to acquire the Clarks hotels

New Delhi, Dec. 2 -- Tata Communications and Indian Hotels Company Ltd (IHCL) announced separate acquisition moves, with the former buying a majority stake in US-based AI firm Commotion, and IHCL's su... Read More


Neuron Energy, Sports for Life, CloudExtel, others raise funding

New Delhi, Nov. 27 -- EV battery makers Neuron Energy and BatteryPool, sports-tech platform Sports for Life, Ayurvedic clinic chain Yuvrit Ayurveda, and plant-based beverage brand Oatey have raised fr... Read More


Dairy firm Ace International raises $35 mn in maiden external fundraise

New Delhi, Nov. 27 -- Dairy ingredients firm Ace International Ltd has raised $35 million (around Rs 312.3 crore) in its first external funding round from Nederlandse Financierings-Maatschappij voor O... Read More