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Bidso, Workroom Automation, Finfinity, Smylo raise early-stage funding

New Delhi, March 23 -- Bidso, Workroom Automation, Finfinity, and Smylo have raised early-stage funding across equity and debt rounds. Bidso Bidso, a design-led manufacturing platform focused on the... Read More


Bidso, Workroom Automation, Finfinity, Smylo, LetzRyd raise early-stage funding

New Delhi, March 23 -- Bidso, Workroom Automation, Finfinity, Smylo and LetzRyd have raised early-stage funding across equity and debt rounds, the companies said Monday. Bidso Bidso, a design-led ma... Read More


Kotak Mahindra Capital to divest 31% stake in Infina Finance

New Delhi, March 23 -- Kotak Mahindra Capital will sell a 31% stake in its NBFC arm, Infina Finance, to multiple entities for Rs 1,293 crore ($137 million). Kotak Mahindra Capital is a wholly-owned s... Read More


Somerset Indus Capital exceeds target for third healthcare-focussed PE fund

New Delhi, March 23 -- Private equity firm Somerset Indus Capital Partners has exceeded the $250 million (around Rs 2,125 crore) target for its third healthcare-focussed fund as it explores new opport... Read More


ChrysCapital elevates Sanjay Kukreja to managing partner role

New Delhi, March 20 -- Homegrown private equity firm ChrysCapital has elevated Sanjay Kukreja to the position of managing partner from partner and chief investment officer currently. Kukreja, who has... Read More


Italy's Poggipolini acquires majority stake in Aero Fasteners, enters Indian market

New Delhi, March 20 -- Italian company Poggipolini Group has acquired a majority stake in Aero Fasteners, an Indian company specialising in the manufacturing of fastening systems for the aeronautics, ... Read More


Fairfax-backed Bluspring to buy German energy firm's India unit

New Delhi, March 20 -- Bluspring Enterprises Ltd, the demerged infrastructure services arm of Quess Corp Group, has agreed to buy the Indian unit of German energy company STEAG Power GmbH for Rs 180 c... Read More


Private equity firm TVS Capital invests $53 mn in Neo Group

New Delhi, March 20 -- Mumbai-based Neo Wealth and Asset Management said Friday it has raised Rs 500 crore ($53.3 million) from private equity firm TVS Capital at a pre-money valuation of Rs 10,000 cr... Read More


Rymo, DeepLase pocket early-stage cheques; TransTech inks M&A

New Delhi, March 20 -- Neuro-rehabilitation startup Rymo Technologies and photonics company DeepLase have secured funding in early-stage rounds. Meanwhile, industrial solutions firm TransTech has boug... Read More


JPMorgan, Sixteenth Street Capital fund settle with SEBI on FPI norms

New Delhi, March 20 -- JPMorgan Chase Bank and an investment fund managed by Singapore-based Sixteenth Street Capital have separately settled allegations of violating India's foreign portfolio investo... Read More