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Amber Enterprises to acquire controlling stake in Israel's Unitronics

New Delhi, July 28 -- Consumer durable goods maker Amber Enterprises India Ltd will acquire a controlling stake in Israel-based industrial automation company Unitronics in a Rs 404-crore ($46.6-millio... Read More


Genexis Biotech, others raise early-stage funding; Zigly acquires Dr Santa Animal Healthcare

New Delhi, July 28 -- Bio-manufacturing company Genexis Biotech and electric mobility startup EVeez have raised funding in separate early-stage rounds. Meanwhile, pet care brand Zigly announced its ac... Read More


WestBridge-backed IndiQube gets bids worth $580 mn for IPO

New Delhi, July 25 -- The initial public offering of IndiQube Spaces Ltd, a co-working and flexible office space provider backed by private equity firm WestBridge Capital, was covered 12.33 times on t... Read More


MENA Digest: UAE's Qlub, Egyptian startup Flend, Oman's SafaQat get funding

New Delhi, July 25 -- Qlub, a UAE-based contactless dining payment platform, led the funding activity in the Middle East and North Africa (MENA) region this week, raising an eight-figure growth fundin... Read More


Natco to buy $226 mn stake in South African drugmaker Adcock Ingram

New Delhi, July 24 -- Indian pharmaceutical company Natco Pharma Ltd has decided to acquire a 35.75% stake in South Africa's Adcock Ingram Holdings Ltd for about Rs 2,000 crore, or almost $226 million... Read More


Binny Bansal, Mithun Sacheti lead SuperK's Series B round

New Delhi, July 24 -- SuperK, a franchised retail chain operating in small towns in India, has raised Rs 100 crore ($11.6 million) in its Series B funding round led by Flipkart co-founder Binny Bansal... Read More


Tilaknagar Industries to acquire Imperial Blue whisky from Pernod Ricard

New Delhi, July 24 -- Tilaknagar Industries Ltd, an Indian manufacturer of foreign liquor that sells the Mansion House Brandy, has agreed to acquire the 25-year-old Imperial Blue brand of whiskies fro... Read More


CPPIB to exit real estate platform with Indian developer for $631 mn

New Delhi, July 24 -- Canada Pension Plan Investment Board (CPPIB) will exit its joint venture with The Phoenix Mills Ltd for Rs 5,449 crore (about $631 million), the Indian real estate developer said... Read More


Netrasemi, Enlite, others snag funding; LISSUN acquires US mental health startup

New Delhi, July 24 -- Chip design firm Netrasemi has secured backing from Zoho and Unicorn India Ventures to expand manufacturing capabilities and AI chip development. Further, intelligent systems com... Read More


Sugar Cosmetics backer L Catterton names Unilever veteran India co-head

New Delhi, July 24 -- Global consumer-focused investment firm L Catterton has appointed former Unilever PLC Group executive Vikram Kumaraswamy as a partner and its co-head of India operations. In his... Read More