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Medical devices maker SMT in talks for Rs.200 crore pre-IPO round

New Delhi, Oct. 12 -- Sahajanand Medical Technologies (SMT) is in talks to raise Rs.175-200 crore in a pre-IPO round led by existing and new investors, ahead of its public listing later this week. The... Read More


DailyObjects raises Rs.332 crore led by Xponentia, others at Rs.1,050 crore valuation

Mumbai, Oct. 8 -- DailyObjects, a design-led lifestyle-tech brand from India, has raised Rs.332 crore in a mix of primary and secondary transactions, led by Xponentia Capital Partners, Anicut Capital,... Read More


SK Finance's early backers eye part exits to Neo, Kenro in Rs.400 crore deal

Mumbai, Oct. 8 -- Neo Secondaries Fund is expected to join Kenro Capital in picking up a stake in SK Finance as some early investors explore partial exits in the Jaipur-based non-banking financial com... Read More


Alliance Insurance Brokers looks to raise up to Rs.900 crore in minority stake sale

New Delhi, Oct. 1 -- Alliance Insurance Brokers has initiated a process to sell a minority stake to raise about Rs.800-900 crore through a mix of primary and secondary share sale, two people familiar ... Read More


ASK expands asset-management business with SageOne buy

Bengaluru, Sept. 30 -- Blackstone-backed ASK Investment Managers will acquire SageOne Investment Managers, an established asset manager operating across portfolio management services (PMS) and alterna... Read More


Linux Laboratories raises $70 mn led by ChrysCapital and Tata Capital

Mumbai, Sept. 30 -- Linux Laboratories Pvt. Ltd, one of India's fastest-growing domestic formulations companies, raised $70 million from ChrysCapital and Tata Capital Healthcare Fund III, the company ... Read More


KKR buys majority stake in Cisternina Logistics

Mumbai, Sept. 29 -- KKR is acquiring a majority stake in Cisternina Logistics Pvt. Ltd, a bulk liquid and gas storage and logistics business in India, as an anchor asset for a platform it plans to bui... Read More


Carlyle-backed Highway Roop acquires Chamundi Die Cast to diversify auto components platform

Bengaluru, Sept. 29 -- The Carlyle Group-backed Highway Roop Precision Technologies Ltd has acquired Chamundi Die Cast Pvt. Ltd, an Indian manufacturer of complex, precision-machined aluminium die-cas... Read More


Brahma AI raises $150 million at $2 billion valuation led by Multiples

Mumbai, Sept. 23 -- Brahma AI, an AI-native operating system for enterprise audiovisual content, has raised $150 million through the issuance of preferred shares, with a $100 million investment by Mul... Read More


Ultraviolette Automotive raises $85 million led by Yali Capital, TDK Ventures

MUMBAI, Sept. 23 -- Ultraviolette Automotive has raised $85 million, or approximately Rs.807 crore, in a funding round led by deep-tech funds Yali Capital and TDK Ventures, as the electric motorcycle ... Read More