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Ice Cream brand Hocco raises $13 mn in fresh funding

New Delhi, Sept. 29 -- Hocco Foods Pvt Ltd, operated by the Ahmedabad-based Chona family, has secured Rs 115 crore ($13 million) in a fresh funding round from existing backer Sauce.vc. The latest rou... Read More


BECO Capital marks final close of two funds for early stage, growth-stage startups

New Delhi, Sept. 29 -- UAE-based venture capital firm BECO Capital, which manages assets worth around $820 million (around Rs 7,279 crore), has announced the final close of its two funds, with an earl... Read More


Motilal Oswal-backed Kusumgar files for $73-mn IPO

New Delhi, Sept. 29 -- Two weeks after a wholly-owned subsidiary of Motilal Oswal Financial Services Ltd acquired shares worth Rs 100 crore ($11.2 million) in Kusumgar Ltd, the Mumbai-based engineered... Read More


Blackstone-backed Ventive Hospitality to take over Hilton Goa

New Delhi, Sept. 26 -- Ventive Hospitality Ltd, the joint venture between private equity major Blackstone and Indian developer Panchshil Realty, is set to expand its portfolio and enter the lucrative ... Read More


Vedantu raises fresh capital in internal round, in talks to rope in new investors

New Delhi, Sept. 26 -- Edtech unicorn Vedantu has raised $11 million (around Rs 97.5 crore) from its internal investors as part of an ongoing larger funding exercise. The round was led by Singapore-he... Read More


MENA Digest: Fintech platform Erad, superapp maker Done.ma raise funds

New Delhi, Sept. 26 -- The Middle East and North Africa (MENA) region saw fewer funding announcements this week compared to the big-ticket fundraises last week. The activity this week was led by debt... Read More


SEBI roundup: A kidnap drama, a repeat offender banker, and insider trading

New Delhi, Sept. 26 -- The Securities and Exchange Board of India deliberated on several interesting cases over the past week, from a company whose promoters cited a novel excuse to divert proceeds fr... Read More


Crisil to acquire Canada's McKinsey PriceMetrix for $38 mn

New Delhi, Sept. 25 -- Credit rating and research firm Crisil Ltd has inked a deal to acquire McKinsey PriceMetrix Co, a Canada-based step-down subsidiary of McKinsey & Co. Mumbai-listed Crisil, majo... Read More


Chiratae Ventures marks second close of 5th fund at $150 million

New Delhi, Sept. 25 -- Domestic technology-focussed venture capital firm Chiratae Ventures announced the second close of its fifth fund at $150 million (Rs 1,329 crore) as it garnered commitments from... Read More


Chiratae Ventures marks second close of 5th fund at $150 mn

New Delhi, Sept. 25 -- Domestic technology-focussed venture capital firm Chiratae Ventures announced the second close of its fifth fund at $150 million (Rs 1,329 crore) as it garnered commitments from... Read More