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K Raheja Corp-backed Mindspace REIT marks first third-party acquisition

New Delhi, July 24 -- Mindspace Business Parks REIT (real estate investment trust), sponsored by K Raheja Corp, on Thursday said it has completed the acquisition of an office park asset in Hyderabad, ... Read More


Good Glamm restructuring fails as lenders take charge, to sell all brands separately

New Delhi, July 23 -- Once a poster child of India's direct-to-consumer (D2C) boom, online beauty and wellness platform The Good Glamm Group is now facing a dramatic collapse. Despite achieving unicor... Read More


Nisus Finance bets $13 mn on Mumbai real estate developer

New Delhi, July 23 -- Kumar Vibe Properties, a 50:50 joint venture between Kumar Properties & Infrastructure and Vibe Realty, has raised Rs 115 crore (around $13.3 million) from public listed financia... Read More


Composio snags big Series A cheque; Grexa AI, Kluisz.ai, others get early-stage funding

New Delhi, July 23 -- AI infrastructure startup Composio has raised a significant amount in Series A funding. Meanwhile, other early-stage startups such as cloud infrastructure firm Kluisz.ai, marketi... Read More


Conversational AI startup Gupshup raises $60 mn in fresh capital

New Delhi, July 23 -- Conversational AI startup Gupshup has raised $60 million (about Rs 518 crore) in a mix of equity and debt funding, nearly four years after its last external fundraise in July 202... Read More


Motilal Oswal Alternates closes sixth real estate fund, hits hard cap

New Delhi, July 22 -- Motilal Oswal Alternates, the alternative investment arm of Motilal Oswal Group, has marked the final close of its sixth real estate fund at Rs 2,000 crore ($231 million), the co... Read More


African PE firm Verod Capital fully exits education bet from Fund II

New Delhi, July 22 -- Verod Capital, an African private equity firm that backs mid-sized companies across the continent, has monetized its eight-year-old investment in an education business, selling i... Read More


Escape Plan, ApClub, Magma secure early-stage funding

New Delhi, July 22 -- Lifestyle company Escape Plan, fitness startup ApClub, and industrial solutions firm Magma have secured funding in separate early-stage rounds, the companies said on Tuesday. Es... Read More


Clean energy firm Candi Solar bags fresh funding ahead of Series D round

New Delhi, July 22 -- Candi Solar, a solar rooftop developer that operates in India and South Africa, has secured $24 million (about Rs 207 crore) in fresh capital from its existing investors as it ge... Read More


Sun TV Network to acquire UK cricket team Northern Superchargers

New Delhi, July 21 -- Chennai-based Sun TV Network Ltd has struck a deal to acquire a 100% stake in London-based cricket league franchisee Northern Superchargers Ltd for £100.5 million, or around... Read More