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Healthy food brand Khetika bags $18 mn in Series B round

New Delhi, July 7 -- Healthy snack and staples brand Khetika said Monday it has bagged $18 million (approximately Rs 154.6 crore) in its Series B funding round led by Narotam Sekhsaria Family Office a... Read More


InPrime Finserv, WiseLife, Divine Hindu secure early-stage funding

New Delhi, July 7 -- Finance company InPrime Finserv, wellness brand WiseLife, and spiritual lifestyle startup Divine Hindu have secured funding in separate early-stage rounds, the companies said Mond... Read More


IC Legal and Universal Legal end seven-year partnership

New Delhi, July 5 -- Law firms IC Legal and Universal Legal have decided to set up independent operations after working jointly for more than seven years under the brand IC Universal Legal. Universal... Read More


Lenskart bets on Ajna Lens; Serendipity Space secures funding

New Delhi, July 4 -- Eyewear retailer Lenskart has invested in mixed-reality headset maker Ajna Lens, while Bengaluru-based Serendipity Space has secured funding to advance drug development in microgr... Read More


TPG-backed Fibe elevates Vimal Saboo as CEO of NBFC arm

New Delhi, July 4 -- Digital lending platform Fibe, which is backed by marquee private equity firms TPG and TR Capital among others, has promoted its chief business officer, Vimal Saboo, to chief exec... Read More


MENA Digest: Iraq's InstaBank, Saudi firm Ninja, Egypt's AgriCash get funding

New Delhi, July 4 -- The Middle East and North Africa (MENA) region welcomed a new tech unicorn this week, as Saudi Arabia's quick-commerce platform Ninja hit a $1.5-billion valuation following a majo... Read More


Good Glamm in restructuring talks with lenders, CEO admits delays in payments

New Delhi, July 4 -- Beauty and personal care company Good Glamm Group is in talks with its lenders to restructure its debts even as it struggles to secure cash to cover operational costs and pay its ... Read More


How Jane Street worked around India's FPI rules to make $4.3 bn in profits

New Delhi, July 4 -- US trading group Jane Street worked around the regulations that govern foreign portfolio investors in India by using two local entities to undertake trades that helped it book Rs ... Read More


'Cynical defiance': Why SEBI came down on Jane Street quickly and heavily

New Delhi, July 4 -- US trading firm Jane Street defied a warning by Indian regulators and continued to engage in stock market manipulation that helped it to make millions of dollars in "unlawful gain... Read More


Maieutic Semiconductor, Luma Fertility, three others secure funding

New Delhi, July 3 -- Chip-design software startup Maieutic Semiconductor, fertility clinic operator Luma Fertility, AI-driven marketing firm GobbleCube, and snacks brand FitFeast have secured funding ... Read More