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Waaree Energies acquires transformer maker Kotsons in first post-IPO buy

New Delhi, Sept. 3 -- Solar panel maker Waaree Energies, backed by investors such as Baring PE, Norges, and ValueQuest, has announced the acquisition of Kotsons, a transformer manufacturer based in Al... Read More


PE-backed TBO Tek to acquire US luxury travel firm Classic Vacations

New Delhi, Sept. 3 -- Listed travel-tech company TBO Tek Ltd, which counts private equity firms General Atlantic and Affirma Capital amongst its investors, has agreed to buy US luxury travel company C... Read More


BizDateUp launches Pulse Fund I to back startups, SMEs, real estate

New Delhi, Sept. 2 -- BizDateUp, a startup ecosystem enabler, has launched Pulse Fund I, a Category II alternative investment fund (AIF), with a corpus of Rs 1,000 crore ($113 million). This includes ... Read More


Offgrid, Tuco Kids, LeafyBus, others bag funds; Nazara ends Moonshine deal

New Delhi, Sept. 2 -- Battery-tech startup Offgrid, personal care brand for children Tuco Kids, electric bus fleet operator LeafyBus, consumer electronics startup Cuzor, maternal health firm SaveMom, ... Read More


Country Delight-backer Venturi Partners marks first close of Fund II

New Delhi, Sept. 2 -- Venturi Partners, a Singapore-based investment firm backing consumer-focused startups in India and Southeast Asia, has raised $150 million (around Rs 1,320 crore) for the first c... Read More


Early-stage VC firm Peak XV Partners sees another top-level exit

New Delhi, Sept. 2 -- Early-stage venture capital firm Peak XV Partners has witnessed another high-profile departure, adding to a string of senior-level exits. Managing director Harshjit Sethi is the... Read More


Astrotalk-backer Elev8 Venture Partners closes maiden VC fund

New Delhi, Sept. 1 -- Elev8 Venture Partners, the growth-stage venture capital fund backed by Venture Catalysts, has made the final close of its debut vehicle at Rs 1,400 crore ($158.7 million). The c... Read More


Centrum-backed Modulus Alts closes second India credit opportunities fund

New Delhi, Sept. 1 -- Private credit investor Modulus Alternatives has completed the final close of its second India Credit Opportunities Fund (ICOF II). The fund, which will focus on performing priv... Read More


Brookfield REIT manager settles SEBI code of conduct allegations

New Delhi, Sept. 1 -- Brookfield India REIT's investment manager, Brookprop Management Services, has settled allegations of violating the Code of Conduct prescribed by the Securities and Exchange Boar... Read More


Tessolve raises $150 mn from TPG Growth for acquisition, expansion

New Delhi, Sept. 1 -- Bengaluru-based semiconductor engineering services firm Tessolve has secured $150 million (around Rs 1,323 crore) from TPG Growth, the growth equity platform of U.S.-based privat... Read More