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Accel, Peak XV Lead Truemeds' $85 Mn Series C Round

New Delhi, Aug. 11 -- Truemeds, an online pharmacy and telehealth platform for chronic care, has raised $85 million (around Rs 748 crore) in its Series C financing. The funding was completed in two cl... Read More


Graas.ai, Neuralzome, Eyestem bag funding

New Delhi, Aug. 11 -- Automation startup for e-commerce Graas.ai and robotic services company Neuralzome have raised early-stage funding in separate rounds, the companies said. Meanwhile, the retinal ... Read More


MENA Digest: UAE's Alaan, Saudi startup Salasa, Egypt's Wuilt secure funding

New Delhi, Aug. 8 -- Fundraising activity in the Middle East and North Africa (MENA) region was driven by two big-ticket, late-stage deals this week. Saudi Arabia-based e-commerce fulfillment platform... Read More


Italian major Guala Closures' Indian arm buys unit from Oricon Enterprises

New Delhi, Aug. 8 -- Guala Closures India Private Limited, the Indian arm of Italian metal closure company Guala Closures, has acquired one of the manufacturing units of Oricon Enterprises. Guala Clo... Read More


Cyril Amarchand Mangaldas appoints partner in corporate practice

New Delhi, Aug. 8 -- Full-service law firm Cyril Amarchand Mangaldas (CAM) has appointed Abhishek Kalra as a partner in its corporate practice. He will be based in Mumbai, the firm said in a statement... Read More


UAE's Gulf Islamic Investment appoints former Al Ahli Bank of Kuwait exec as Group CFO

New Delhi, Aug. 8 -- UAE-based Gulf Islamic Investments (GII), which manages assets worth more than $3.5 billion (around Rs 30,680 crore) in private equity, venture capital, and real estate, has expan... Read More


Outzidr, RBH Solutions, Xovian, others secure early-stage funding

New Delhi, Aug. 7 -- Women's fashion brand Outzidr, industrial automation firm RBH Solutions, spacetech startup Xovian, home appliance maker Nuuk, mango exporter MangoPoint, and AI-powered skilling pl... Read More


HDFC Capital gets IFC as anchor LP for $1-bn real estate fund

New Delhi, Aug. 7 -- International Finance Corporation (IFC) has committed up to $150 million as an anchor equity investor in a fund managed by HDFC Capital, the real estate private equity arm of HDFC... Read More


Playbook Partners leads Renee Cosmetics' $30-mn Series C round

New Delhi, Aug. 7 -- Makeup and skincare brand Renee Cosmetics has raised $30 million (Rs 262 crore) in its Series C funding round, led by Playbook Partners, at a valuation of $200 million. The round... Read More


BharatPe swings to adjusted profits in FY25 but revenue growth slows

New Delhi, Aug. 7 -- Fintech unicorn BharatPe has recorded an adjusted pre-tax profit and operating profit in the financial year gone by, as an improvement in the overall business performance offset a... Read More