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W Health Ventures marks first close of second fund, eyes final close soon

New Delhi, Feb. 12 -- Healthcare-focused venture capital firm W Health Ventures has marked the first close of its second fund, months after unveiling the vehicle, and has set the timeline to wrap up t... Read More


CapitalG, Alpha Wave-backed Aye Finance's IPO fails to get 100% subscription

New Delhi, Feb. 12 -- The initial public offering of non-bank lender Aye Finance Ltd, which counts a number of private capital and venture capital firms as its investors, was subscribed just 97% at th... Read More


NDR InvIT acquires asset in EV, auto-hub Hosur for $31 mn

New Delhi, Feb. 12 -- NDR InvIT Trust, a privately listed warehousing and industrial parks InvIT, has acquired a 1.78 million sqft warehousing asset in Hosur, Tamil Nadu, for Rs 285 crore (around $31.... Read More


Elixiir Foods, DUSQ, Heliware snag early-stage funding

New Delhi, Feb. 12 -- Food and grocery platform Elixiir Foods, sleep regulation focussed company DUSQ and deep-tech startup Heliware have raised seed and bridge funds, in separate rounds. Elixiir Foo... Read More


Kotak Alts raises $430 mn in first close of private credit fund

New Delhi, Feb. 12 -- Kotak Alternative Asset Managers Ltd (Kotak Alts), the alternative asset management arm of the Kotak Group, has announced the first close of its private credit vehicle, the Kotak... Read More


Showroom B2B, ThirdAI, Articulus Surgical, Care.fi bag early-stage capital

New Delhi, Feb. 11 -- Showroom B2B, an apparel manufacturing and supply chain platform, semiconductor intelligence company ThirdAI Automation, medical device company Articulus Surgical, and healthcare... Read More


Artha India Ventures, Hornet co-founder lock horns over financial misconduct allegations

New Delhi, Feb. 11 -- Early-stage investment firm Artha India Ventures and a co-founder of Hornet Technology, a startup in which it invested a year ago, are trading allegations against each over finan... Read More


Fundamentum, SMBC Asia Rising Fund bet on fintech startup Olyv

New Delhi, Feb. 11 -- Digital lending platform Olyv has raised $23 million (about Rs 208.7 crore) in its Series B funding round led by the Fundamentum Partnership, the growth-stage fund founded by Inf... Read More


Rx Propellant appoints Ashish Singh as CEO and managing director

New Delhi, Feb. 11 -- Rx Propellant, a science and R&D infrastructure platform established by global investment firm Actis, has appointed Ashish Singh as its chief executive officer and managing direc... Read More


Toothsi parent makeO to acquire Peak XV-backed dental care firm Zenyum

New Delhi, Feb. 11 -- Dental and skincare company makeO, backed by Eight Roads Ventures and 360 ONE Asset, has struck its second acquisition in over six months by agreeing to buy a Singapore-based con... Read More