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Bertelsmann acquires logistics firm LetsTransport via India platform

New Delhi, Feb. 10 -- Bertelsmann Investments has acquired a majority stake in LetsTransport, a portfolio company of its venture capital arm Bertelsmann India Investments, under the Bertelsmann Next I... Read More


Decoding India's high-stakes shift in distressed asset financing

New Delhi, Feb. 10 -- As India charges toward its $5 trillion economy milestone, the plumbing of its financial system is being quietly but radically re-engineered. Nowhere is this more evident than in... Read More


Explained: How SEBI intends to boost retail investments in social impact funds

New Delhi, Feb. 10 -- The Securities and Exchange Board of India has proposed a large cut in the minimum amount an individual investor can invest in social impact funds (SIFs) that put money only in n... Read More


PadCare Labs, Go Desi, Ethera, Curapod, Benny's Bowl bag early-stage cheques

New Delhi, Feb. 10 -- Several consumer facing startups, including those operating in sanitary waste disposal, packaged foods, jewellery and pet care, have raised funds between $1.4 million and $3 mill... Read More


Consumer-focused VC firm Venturi Partners leads Supertails' Series C round

New Delhi, Feb. 10 -- Supertails, a pet care platform, has raised $30 million (Rs 271 crore) in a Series C round led by Venturi Partners, a Singapore-based investment firm backing consumer-focused sta... Read More


Elevate Now, Satlabs Space Systems, Preventify, WellWith pocket early-stage cheques

New Delhi, Feb. 9 -- A weight-loss platform, a preventive-care chain and wellness company are among the several startups that raised early-stage funding between $140,000 and $2 million in separate rou... Read More


Explained: SEBI's new AIF valuation reporting norms and deadline relief

New Delhi, Feb. 9 -- The Securities and Exchange Board of India (SEBI) has issued new rules for how alternative investment funds (AIFs) must report unit valuations to depositories, aimed at improving ... Read More


Aditya Birla Sun Life AMC marks final close of special opportunities AIF

New Delhi, Feb. 9 -- Aditya Birla Sun Life Asset Management Company (ABSL AMC) has announced the final close of the Aditya Birla Sun Life India Special Opportunities Fund. The multi-cap equity altern... Read More


Biotech startup Pandorum bags $18 mn to develop therapies for rare ocular diseases

New Delhi, Feb. 9 -- Biotechnology firm Pandorum Technologies has raised $18 million (Rs 163 crore) in a Series B round to advance the clinical development of its therapies that target diseases on the... Read More


ChrysCap-backed KIMS to up stake in Sunshine Hospital; Tube Investments inks M&A

New Delhi, Feb. 9 -- ChrysCapital-backed Krishna Institute of Medical Sciences (KIMS) has approved a further increase in its investment limit of up to Rs 100 crore ($11 million) to acquire additional ... Read More