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SEBI clears performance-rating agency for regular run, names NSE as data centre partner

New Delhi, April 30 -- The Securities and Exchange Board of India has said Care Ratings Ltd will start providing services as Past Risk and Return Verification Agency (PaRRVA) on a regular basis from M... Read More


Bain Capital backs Brigade Group's mixed-use project in Bengaluru

New Delhi, April 30 -- Private equity firm Bain Capital has agreed to pick up a 50% stake in an office-cum-hotel project being constructed by real estate developer Brigade Group in Bengaluru's IT hub ... Read More


SEBI makes it easier for angel, smaller PE/VC funds to roll out new schemes

New Delhi, April 30 -- The Securities and Exchange Board of India (SEBI) has announced an ease-of-doing-business measure, allowing smaller alternative investment funds (AIFs) with active schemes to la... Read More


Razorpay, Zetwerk backer Lightspeed floats fifth India-focused VC fund

New Delhi, April 30 -- Silicon Valley-headquartered venture capital firm Lightspeed Venture Partners, a backer of Indian unicorns such as Zetwerk, Razorpay, Udaan and Acko, has initiated the process t... Read More


GEF Capital leads Series B funding in energy-tech firm Kimbal

New Delhi, April 30 -- Kimbal Pvt Ltd, an engineering company that provides energy technology and smart metering products, has pocketed $22 million (Rs 209 crore) in a Series B round led by global sus... Read More