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Ember, SnapE Cabs, others secure funding

New Delhi, Sept. 11 -- Cookware startup Ember, electric mobility firm SnapE Cabs, biotech company BacAlt Biosciences, and foodtech startup Biokraft Foods have secured funding in separate early-stage r... Read More


SoftBank-backed Eruditus closes $150 mn refinancing to drive growth

New Delhi, Sept. 11 -- Edtech startup Eruditus, which counts SoftBank, TPG, and Canada Pension Plan Investment Board (CPPIB) amongst its investors, on Thursday said it has closed a refinancing deal wo... Read More


IFC invests in JBM Auto's electric mobility unit, Eversource-backed GreenCell

New Delhi, Sept. 11 -- International Financial Corporation (IFC), the private-sector investment arm of the World Bank Group, said Thursday it is investing a total of $137 million (about Rs 1,211 crore... Read More


AJVC hits final close of maiden fund, exceeds target

New Delhi, Sept. 10 -- Early-stage venture capital firm AJVC (A Junior VC) has made the final close of its maiden fund at Rs 165 crore ($18.7 million), exceeding its target of Rs 100 crore. The fund,... Read More


Nilekani-backed Fundamentum charts dual strategy for growth-stage, AI-deeptech bets

New Delhi, Sept. 10 -- Growth-stage venture capital firm Fundamentum Partnership, co-founded by Infosys veteran Nandan Nilekani and Helion Ventures' Sanjeev Aggarwal, is gearing up to expand its inves... Read More


Apollo Global-Tega Industries consortium to acquire Molycop for $1.5 bn

New Delhi, Sept. 10 -- New York-listed private equity firm Apollo Global has teamed up with Indian mining products maker Tega Industries to acquire US-based Molycop, a supplier in grinding media for t... Read More


TERN Group, Presolv360, Asaya, others secure early-stage funding

New Delhi, Sept. 10 -- Talent mobility platform TERN Group, dispute resolution firm Presolv360, skincare brand Asaya, drone startup EndureAir and several others have raised early-stage funding in sepa... Read More


VC firm VentureSouq marks final close of second fintech fund

New Delhi, Sept. 10 -- VentureSouq, an early-stage venture capital firm in the Middle East, has marked the final close of its second fintech fund. The Dubai-headquartered VC firm has raised the targe... Read More


Swiss impact investor responsAbility marks fourth close of Asia climate fund

New Delhi, Sept. 10 -- Switzerland-based impact investor responsAbility Investments AG has marked the fourth close of its Asia-focused climate fund after securing commitments from International Financ... Read More


Temasek-backed Prudent Corporate to buy Indus Capital's mutual fund distribution business

New Delhi, Sept. 10 -- Prudent Corporate Advisory, an independent distributor of wealth and insurance products backed by Singapore's Temasek, has inked a deal to acquire Indus Capital's mutual fund di... Read More