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Accel, Prosus to invest jointly in early-stage Indian deeptech startups

New Delhi, Oct. 27 -- Venture capital firm Accel has partnered with Dutch investment group Prosus to expand Atoms X, its early-stage programme for entrepreneurs, with a focus on startups building Leap... Read More


Iron Pillar, Chiratae, Anicut portfolio firms and Gaja Capital get IPO nod

New Delhi, Oct. 27 -- The markets regulator has cleared the draft papers filed by what would be the first standalone private-equity firm to be listed on Indian bourses and that of two other firms back... Read More


Amitabh Sharma returns to JSA Advocates as partner in Gurugram office

New Delhi, Oct. 27 -- Corporate lawyer Amitabh Sharma has rejoined JSA Advocates and Solicitors (JSA) at its Gurugram office, the firm said in a statement. Sharma brings over 25 years of experience a... Read More


Honda Motor buys stake in Mitsui-backed OMC Power

New Delhi, Oct. 27 -- Gurugram-headquartered distributed energy company OMC Power, which is backed by Japanese strategic investors Chubu Electric Power, Mitsui & Co, as well as the Khattar family offi... Read More


HYDGEN, Daryaganj Hospitality, FinalLayer snag early-stage funding

New Delhi, Oct. 27 -- Green hydrogen maker HYDGEN, restaurant operator Daryaganj Hospitality, and AI infrastructure startup FinalLayer have secured capital in separate early-stage funding rounds, the ... Read More


HYDGEN, Daryaganj Hospitality, FinalLayer, others snag early-stage funding

New Delhi, Oct. 27 -- Green hydrogen maker HYDGEN, restaurant operator Daryaganj Hospitality, AI infrastructure startup FinalLayer, defence electronics firm Sanlayan Technologies, and nutrition brand ... Read More


MENA Digest: Property Finder, Qashio ink M&As; Nine startups get funding

New Delhi, Oct. 25 -- Dealmaking activity in the Middle East and North Africa region this week was propelled by proptech firm Property Finder, which invested in Mubadala-backed digital real estate inv... Read More


SEBI okays transfer of business between portfolio managers, places limits on inter-group deals

New Delhi, Oct. 24 -- The capital market regulator has allowed portfolio managers to transfer their business, or portfolios of their clients, to another entity after obtaining SEBI's approval. Portfo... Read More


Wonderland Foods, Capital XB raise funds in $15-mn plus rounds

New Delhi, Oct. 24 -- Healthy snacking brand Wonderland Foods has raised Rs 140 crore ($16 million) in its first institutional round of funding. The round was led by impact-focused venture capital fi... Read More


Blackstone to buy minority stake in Federal Bank

New Delhi, Oct. 24 -- Alternative asset manager Blackstone will acquire a 9.99% stake in Federal Bank for nearly Rs 6,196 crore (around $716 million). The investment will be made via Blackstone affil... Read More