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PE-backed TBO Tek soars on trading debut but Blackstone's Aadhar Housing disappoints

New Delhi, May 15 -- TBO Tek Ltd, the travel-tech company backed by private equity firms General Atlantic and Affirma Capital, surged on its stock market debut on Wednesday but Blackstone-backed Aadha... Read More


Nalanda Capital generates modest returns from latest exit move

New Delhi, May 15 -- Nalanda Capital, a private equity-style investment firm started by former Warburg Pincus executive Pulak Prasad that focuses on the public markets, has made a partial exit from a ... Read More


SEBI mandates NISM certification for at least one member in AIF teams

New Delhi, May 14 -- Capital markets regulator Securities and Exchange Board of India (SEBI) has tightened norms for management teams operating alternative investment funds (AIFs), it said in a circul... Read More


9Unicorns floats 2nd VC fund with $200 mn target; rebrands to 100Unicorns

New Delhi, May 14 -- Startup accelerator platform 9Unicorns, which was set up by incubator and accelerator Venture Catalysts, has rebranded itself to 100Unicorns and launched its second venture capita... Read More


GenAI startup Highperformr, two others raise early-stage funding

New Delhi, May 14 -- Generative artificial intelligence (AI) startup Highperformr, fintech startup BimaPay and climatetech startup Duro Green secured early-stage funding, the companies said on Tuesday... Read More


Drone startup Dhaksha's valuation triples as Coromandel to make a top-up

New Delhi, May 13 -- Chemicals maker Coromandel International Ltd, a part of the Chennai-based multinational conglomerate Murugappa Group, Monday announced fresh investment in Dhaksha Unmanned Systems... Read More


Singapore's robot startups eye global market

Hanoi, May 13 -- From autonomous floor cleaning to robotic arms in warehouses, Singapore-based robotics startups are expanding their production and research capacity to tap into Asian markets and beyo... Read More


Carlyle-backed Indegene clocks 26% gain on stock market debut

New Delhi, May 13 -- Indegene Ltd, a technology-led healthcare solutions provider to biopharmaceutical, biotech and medical devices companies, made a strong stock market debut on Monday with its share... Read More


Affirma Capital lines up another exit from India portfolio

New Delhi, May 10 -- Emerging markets-focused private equity firm Affirma Capital has lined up another exit from its India portfolio, as it looks to return capital to its limited partners and raise it... Read More


Shardul Amarchand Mangaldas elevates six lawyers to equity partnership

New Delhi, May 10 -- Law firm Shardul Amarchand Mangaldas (SAM) said Friday it has elevated six of its existing partners to equity partnership across multiple practice areas such as general corporate,... Read More