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IPO-bound GK Energy raises $11 mn from institutional investors

New Delhi, Sept. 1 -- IPO bound solar agri pump maker GK Energy Ltd has raised Rs 100 (around $11.3 million) crore from three institutional investors. The pre-IPO round values the company at Rs. 3,100... Read More


IPO-bound GK Energy raises $11mn from institutional investors

New Delhi, Sept. 1 -- IPO bound solar agri pump maker GK Energy Ltd has raised Rs.100 (around $11.3 million) crore from three institutional investors. The pre-IPO round values the company at Rs. 3,100... Read More


Zydus Wellness to buy UK's Comfort Click in debut overseas acquisition

New Delhi, Sept. 1 -- Zydus Wellness has announced its first overseas acquisition by agreeing to take over UK-based vitamins and supplements company Comfort Click Ltd, which will mark its entry into t... Read More


aEUR

New Delhi, Aug. 29 -- Vutto, a Delhi-based marketplace for used two-wheelers, and petcare firm BhaoBhao have raised funding in separate rounds from venture capital firms and angel investors while meme... Read More


Prashant Pitti resigns as MD of EaseMyTrip, Nishant Pitti takes over

New Delhi, Aug. 29 -- Online travel-tech platform EaseMyTrip said on Friday that co-founder Prashant Pitti has resigned from his role as managing director. He will now focus on mentoring startups, pu... Read More


Proptech firm Holo gets SWF Mubadala on board; Cointel, Zetta, Maalexi too bag funds

New Delhi, Aug. 29 -- Dubai Future District Fund-backed proptech startup Holo was ahead in the startup fundraising activity in the Middle East and North Africa (MENA) region this week, securing eight-... Read More


VC firm Elevation Capital enters late-stage investing with $400-mn fund

New Delhi, Aug. 29 -- Homegrown venture capital firm Elevation Capital, which typically makes early-stage bets, has forayed into late-stage investing with the launch of a dedicated fund. The VC firm,... Read More


Samvardhana Motherson to acquire Japanese auto parts firm from Honda for $184 mn

New Delhi, Aug. 29 -- Indian auto parts maker Samvardhana Motherson International (SMIL) on Friday approved the acquisition of a majority stake in Japan-based Yutaka Giken Co Ltd for 27 billion yen ($... Read More


PVP Ventures to take majority stake in dialysis chain 7Med

New Delhi, Aug. 28 -- PVP Ventures Ltd said Thursday it has agreed to acquire a majority stake in dialysis services provider 7 Med India Pvt. Ltd and Epitome Group of kidney-care hospitals. Mumbai-li... Read More


Africa-focused Japanese VC Uncovered Fund launches $20-mn vehicle

New Delhi, Aug. 28 -- Uncovered Fund, a Japanese venture capital firm that backs African startups, has launched a new investment vehicle in partnership with another Tokyo-headquartered VC firm Monex V... Read More