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Vertex-backed Kazam ropes in IFC for Series B round to scale energy infra for EVs

New Delhi, June 23 -- Kazam EV Tech Pvt Ltd, a startup that provides charging software and hardware for electric vehicles, said on Monday it has raised $6.2 million (Rs 53.8 crore) in Series B funding... Read More


Amicus Capital hits final close of second fund, tops target

New Delhi, June 23 -- Private equity firm Amicus Capital said Monday it has hit the final close of its second fund at $214 million (Rs 1,766 crore), exceeding its initial target of $200 million. The ... Read More


Motilal Oswal Alts fully exits second real estate fund

New Delhi, June 23 -- Mumbai-based Motilal Oswal Alternates (MO Alts), the alternative investment arm of Motilal Oswal, on Monday said it has fully exited its second real estate credit fund, deliverin... Read More


Zerodha's Kamath brothers invest in InCred's holding company

New Delhi, June 23 -- Brothers Nikhil Kamath and Nithin Kamath, the co-founders of discount broker Zerodha, have invested Rs 250 crore ($28.8 million) in InCred Holdings Ltd, the holding company of no... Read More


Rabitat, TRULiV, Utopia Therapeutics secure early-stage funding

New Delhi, June 23 -- Direct-to-consumer (D2C) company Rabitat, Chennai-based co-living startup TRULiV, and biotech firm Utopia Therapeutics have raised funding in separate early-stage rounds, the com... Read More


PharmEasy founders raise capital for new interior design startup All Home

New Delhi, June 23 -- PharmEasy founders Dharmil Sheth, Dhaval Shah, and Hardik Dedhia have raised an undisclosed amount of funding for their new venture, All Home, an interior design and home improve... Read More


Anand Rathi Group appoints former BoB Capital executive to lead corporate strategy

New Delhi, June 20 -- Diversified financial services firm Anand Rathi Group has strengthened its top brass with the appointment of Sanjiv Saraff as director, group corporate strategy. Saraff, who has... Read More


SoftBank-backed Delhivery enters intracity logistics, takes on Porter, LetsTransport

New Delhi, June 20 -- SoftBank-backed logistics major Delhivery Ltd has forayed into the lucrative intracity segment, a competitive market dominated by players such as Porter and LetsTransport. The G... Read More


MENA Digest: Fintech startups Octane, XFOLIO, SaturnX bag VC funding

New Delhi, June 20 -- Egyptian fintech company Octane led startup fundraising activity in the Middle East and North Africa region this week, as it raised growth capital to support its regional expansi... Read More


Pico Xpress, One Hand Clap secure early-stage funding

New Delhi, June 19 -- Quick commerce startup Pico Xpress has secured funding from a Japanese venture capital firm, while creative agency One Hand Clap has raised funding from Nikhil Kamath, the compan... Read More