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IAN Group closes $100 mn second fund, largest to date

New Delhi, Dec. 10 -- Early-stage investment platform IAN Group (formerly Indian Angel Network) has closed its second venture capital vehicle, the IAN Alpha Fund, at $100 million (around Rs 898.5 cror... Read More


Transition VC closes maiden venture capital fund, beats target

New Delhi, Dec. 10 -- Transition VC, a homegrown early-stage venture capital firm focused on supporting startups developing energy transition solutions, has reached the final close of its debut fund a... Read More


Anupam Rasayan sets up US manufacturing presence with $150-mn deal

New Delhi, Dec. 10 -- Anupam Rasayan India Ltd, which makes agrochemicals, polymers and other speciality chemicals, has agreed to acquire US-based Jayhawk Fine Chemicals LLC for $150 million (about Rs... Read More


BlackRock's GIP to invest up to $333 mn in Grasim's green arm

New Delhi, Dec. 10 -- Global Infrastructure Partners (GIP), an infrastructure investment unit of the world's largest asset manager BlackRock, has committed to invest in Aditya Birla Renewables (AB Ren... Read More


Elecbits, Earthful, SuperBryn, others pocket early-stage cheques

New Delhi, Dec. 10 -- A B2B platform for electronics Elecbits, plant-based nutritional supplements direct-to-consumer brand Earthful, voice AI startup SuperBryn, workspace platform ClayWorks and genAI... Read More


Parth Jindal-backed Centre Court Capital closes maiden fund above target

New Delhi, Dec. 9 -- Centre Court Capital has closed its maiden fund at Rs 410 crore ($45.5 million), above the original target of Rs 350 crore set earlier this year, with strong interest from domesti... Read More


SEBI spots "serious lapse" in Samena's investment in Ugro Capital, slaps fine

New Delhi, Dec. 9 -- The Securities and Exchange Board of India has slapped a fine on special situations-focused private equity firm Samena Capital after finding that it violated rules governing forei... Read More


TPG-backed fintech platform Fibe bags $35 mn cheque from IFC

New Delhi, Dec. 9 -- Fintech platform Fibe has raised $35 million (Rs 314 crore) from the International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, in its Ser... Read More


InCred Capital appoints Sanjay Singh as investment banking head

New Delhi, Dec. 9 -- InCred Capital, the investment banking arm of diversified financial services firm InCred Group, has appointed Sanjay Singh as head of investment banking. Singh will lead coverage... Read More


Khaitan & Co ropes in ex-McKinsey global strategy chief as COO

New Delhi, Dec. 9 -- Full-service law firm Khaitan & Co has appointed Dr. Vimal Choudhary as Chief Operating Officer to lead its internal operations and drive strategic transformation, the firm said i... Read More