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Novastar Partners backs AJVC in debut LP-style investment

New Delhi, Sept. 15 -- Novastar Partners, an India-focused private markets investment platform, has committed capital to early-stage venture capital fund A Junior VC (AJVC), marking its maiden limited... Read More


JC Global, Firi, Zenergize raise fresh capital

New Delhi, Sept. 15 -- Plastics recycler JC Global, AI beauty commerce platform Firi, and power electronics company Zenergize have secured fresh funding to expand their recycling capacity, product off... Read More


Ontario Teachers' TVG makes follow-on investment in HR tech platform Darwinbox

New Delhi, Sept. 15 -- Teachers' Venture Growth (TVG), the late-stage venture and growth investment platform of Ontario Teachers' Pension Plan (OTPP), has made a follow-on investment in Hyderabad-head... Read More


Peak XV, Filter Capital lead funding in women's wellness brand Nua

New Delhi, Sept. 7 -- Women's wellness brand Nua said Monday it has closed a Series C funding round of $50 million (Rs 472.4 crore) led by venture capital firm Peak XV Partners and growth equity inves... Read More


B2B platform Udaan to bag Swiggy's retail distribution biz in share-swap deal

New Delhi, Sept. 7 -- Bengaluru-based eB2B platform Udaan has agreed to acquire Lynk Logistics, Swiggy's retail distribution business, in a deal that will give the foodtech company a minority stake in... Read More


NIIF ropes in senior exec from PAG's PE arm to lead fundraising efforts

New Delhi, Sept. 7 -- National Investment and Infrastructure Fund (NIIF) has appointed Gauravjit Singh as managing partner and global head of capital formation, as the sovereign-anchored alternative a... Read More


Carlyle-backed VLCC raises fresh capital from BlackSoil Capital

New Delhi, Sept. 3 -- Carlyle-backed beauty and wellness company VLCC has raised Rs 110 crore ($11.7 million) from alternative credit platform BlackSoil Capital to support its next phase of growth acr... Read More


Whatfix co-founder and CEO Khadim Batti dies

New Delhi, Sept. 1 -- Khadim Batti, co-founder and chief executive officer of Bengaluru-based enterprise software company Whatfix, died on Tuesday at the age of around 50. Batti, who co-founded the c... Read More


InspeCity, EV maker OSM, Curaa, others rake in early-stage funding

New Delhi, Aug. 27 -- Spacetech startup InspeCity, electric commercial vehicle maker Omega Seiki Mobility (OSM), kitchen and lifestyle brand Curaa, biryani brand Biryani Bees, and logistics platform O... Read More


Warburg Pincus-backed boAt's net profit jumps 38%, even as revenue slides

New Delhi, Aug. 26 -- Warburg Pincus-backed boAt, the consumer technology brand owned by Imagine Marketing, reported a 38% increase in profit after tax to Rs 84.5 crore (nearly $9 million) in the fina... Read More