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Zepto snags $450 mn from CalPERS, others at $7 bn valuation

New Delhi, Oct. 16 -- Quick-commerce startup Zepto said Thursday it has closed a new round worth $450 million (around Rs 3,960 crore) led by US-based pension fund California Public Employees Retiremen... Read More


Edelweiss-backed India Energy Transition Fund raises $60 mn

New Delhi, Oct. 14 -- The Edelweiss Group-backed India Energy Transition Fund has raised $60 million (Rs 532 crore) in fresh capital from a marquee global development finance bank, as it looks to scal... Read More


Macquarie-SBI Infrastructure Fund moves closer to completing exit from Ashoka Buildcon unit

New Delhi, Oct. 9 -- Highway developer Ashoka Buildcon Ltd has moved one step closer to providing a full exit to Macquarie-SBI Infrastructure Fund, a private equity vehicle jointly set up by Australia... Read More


ReNew Energy to sell Rajasthan solar project to Sembcorp for $191 mn

New Delhi, Oct. 8 -- Green energy company ReNew Energy Global Plc, which is being delisted from the Nasdaq stock exchange in the US and is looking to go public in India, has agreed to sell a 300-megaw... Read More


Wit & Chai, iGo Wise Mobility and Vaani AI bag early-stage funding

New Delhi, Sept. 29 -- Media agency Wit & Chai, electric trike developer iGo Wise Mobility and voice-agent platform Vaani AI Research has raised early stage-funding. Wit & Chai Pune-based Wit & Chai... Read More


Wit & Chai, Wise Mobility and Vaani AI bag early-stage funding

New Delhi, Sept. 29 -- Media agency Wit & Chai, electric trike developer Wise Mobility and voice-agent platform Vaani AI Research has raised early stage-funding. Wit & Chai Pune-based Wit & Chai Grou... Read More


Motilal Oswal-backed Kusumgar files for $73-mn IPO

New Delhi, Sept. 29 -- Two weeks after a wholly-owned subsidiary of Motilal Oswal Financial Services Ltd acquired shares worth Rs 100 crore ($11.2 million) in Kusumgar Ltd, the Mumbai-based engineered... Read More


Blackstone-backed Ventive Hospitality to take over Hilton Goa

New Delhi, Sept. 26 -- Ventive Hospitality Ltd, the joint venture between private equity major Blackstone and Indian developer Panchshil Realty, is set to expand its portfolio and enter the lucrative ... Read More


Alchemy Capital, Ashish Kacholia in $34-mn round raised by SaaS provider Beroe

New Delhi, Sept. 25 -- North Carolina-headquartered procurement-technology provider Beroe, which has operations also in India, has raised Rs. 300 crore ($34 million) from a consortium of investors via... Read More


JSW, Waaree Energies strike M&As; Graphite India buys into NYSE-listed firm

New Delhi, Sept. 19 -- Three companies in India's energy and power sector have made new acquisitions as they seek to strengthen their portfolio of products and services and enter non-core areas within... Read More