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Eight Roads-backed Plasmagen Biosciences hires former Abbott exec as CEO

New Delhi, Oct. 6 -- Eight Roads Ventures-backed biopharmaceutical firm Plasmagen Biosciences has named a former Abbott India senior executive as the chief executive to drive international expansion o... Read More


Warburg-backed boAt back in black after 2 years; revenue remains flat

New Delhi, Oct. 6 -- Consumer electronics brand boAt, which is operated by Imagine Marketing Ltd, said that it has returned to profitability for the financial year ending March 2025 after remaining in... Read More


GreyLabs AI, Morphing Machines, EcoEx, Affluense AI snag funding

New Delhi, Oct. 6 -- Artificial intelligence-focused startup GreyLabs AI, waste management company EcoEx, Bengaluru-based Morphing Machines and business intelligence platform Affluense AI have raised ... Read More


IIFL Fintech Fund books strong returns from partial exit in FinBox

New Delhi, Oct. 6 -- Early-stage fintech-focused investor IIFL Fintech Fund has made a partial exit from its investment in FinBox, a credit infrastructure and embedded finance platform, that was part ... Read More


Sundaram Alternates exits second real estate credit fund with 17% IRR

New Delhi, Oct. 6 -- Sundaram Alternates, the alternative investment arm of Sundaram Finance Group, said Monday it has closed its second real-estate credit fund with a gross internal rate of return (I... Read More


Abu Dhabi's IHC to take controlling stake in Sammaan Capital for $1 bn

New Delhi, Oct. 3 -- International Holding Company (IHC), an investment firm based in Abu Dhabi, has inked a deal to acquire a 41.2% stake in Indian non-bank lender Sammaan Capital for Rs 8,850 crore ... Read More


Luxury watch retailer Art of Time raises $19.5 mn Series B

New Delhi, Oct. 3 -- Art of Time, which sells luxury watches through its website and boutique brick-and-mortar stores, has raised Rs 175 crore ($19.5 million) in a Series B funding round. The round w... Read More


SEBI roundup: Safer UPI, a chit-fund scamster, and a pipemaker's hollow claim

New Delhi, Oct. 3 -- The Securities and Exchange Board of India (SEBI) dealt with a mix of investor protection measures and enforcement actions this week, ranging from new UPI validation tools to an o... Read More


MENA Digest: UAE firms Upfront, Climaty AI, Saudi's DOO, others get funding

New Delhi, Oct. 3 -- Early-stage startups led funding activity in the Middle East and North Africa (MENA) region this week, with at least seven firms securing capital. These include UAE-based fintech ... Read More


After Runwal Enterprises, group firm Runwal Developers files for IPO

New Delhi, Oct. 3 -- Mumbai-based real estate developer Runwal Developers Ltd has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 2,000... Read More