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SEBI proposes display of AIF units' NAV on depositories for greater transparency

New Delhi, Sept. 19 -- Private equity, venture capital and other alternative investment funds (AIFs) may soon need to report the net asset value (NAV) of their units to the depositories, which can the... Read More


JSW, Waaree Energies strike M&As; Graphite India buys into NYSE-listed firm

New Delhi, Sept. 19 -- Three companies in India's energy and power sector have made new acquisitions as they seek to strengthen their portfolio of products and services and enter non-core areas within... Read More


MENA Digest: Saudi firms HALA, Bynow, Oman's Rihal, others get funding

New Delhi, Sept. 19 -- HALA, Saudi Arabia's leading fintech startup, propelled funding activity in the Middle East and North Africa (MENA) region this week, securing one of the region's largest Series... Read More


Dhruva Capital forays into microfinance with Vector Finance merger

New Delhi, Sept. 19 -- Kolkata-headquartered Dhruva Capital Services, a non-bank lender engaged in the business of investment and financing, has announced a strategic merger with Odisha-based Vector F... Read More


EvoluteIQ to double down on India ops with $53-mn funding

New Delhi, Sept. 18 -- EvoluteIQ AB, a Stockholm-based startup founded by Indian entrepreneurs that offers an enterprise-level automation platform, said Thursday it will expand its R&D centre in Benga... Read More


Dixon to acquire controlling stake in Chinese firm Q Technology's India unit

New Delhi, Sept. 18 -- Noida, Uttar Pradesh-based Dixon Technologies (India) Ltd, which provides electronic manufacturing services for products such as consumer durables, home appliances, lighting, an... Read More


Infra.Market raises fresh funds as it gears up for IPO

New Delhi, Sept. 18 -- Hella Infra Market Ltd, the parent firm of B2B construction materials platform Infra.Market, has raised Rs 732 crore (around $83.1 million) in its Series G funding round led by ... Read More


Indiabulls AIF, asset manager and five others settle allegations of rules violation

New Delhi, Sept. 17 -- Alternative investment fund Indiabulls AIF, its asset manager Indiabulls Asset Management Company, two of the AIF's schemes, and three executives including the CEO of the asset ... Read More


Singularity AMC makes final close of second fund

New Delhi, Sept. 17 -- Singularity AMC, which is backed by veteran investor Madhusudan Kela and has invested in companies like WebEngage and mCaffeine, has made the final close of its second investmen... Read More


Lucira, PlaySuper, iDO Devices, three others bag early-stage funding

New Delhi, Sept. 17 -- Jewellery brand Lucira, gaming commerce platform PlaySuper, consumer device maker iDO Devices and three other companies have secured funding in separate early-stage rounds, the ... Read More