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Folks Motor marks first close of maiden investment fund for mobility bets

New Delhi, May 19 -- Hybrid electric retrofit car company Folks Motor has announced the first close of its Folks Funds, a Category II alternative investment fund (AIF), which has a target corpus of Rs... Read More


Kriscore Capital marks first close of maiden early-stage VC fund

New Delhi, May 15 -- Kriscore Capital, a venture firm focused on early-stage investments in Indian tech startups, has announced the first close of its debut venture capital fund. The company is target... Read More


Carpediem Capital doubles down on Biryani Blues via new fund

New Delhi, May 13 -- Biryani Blues, a homegrown quick service restaurant chain specializing in authentic dum biryani, has raised $5 million (Rs 42.4 crore) in a pre-Series C funding round, led by exis... Read More


TPG buys 35% stake in Schott Poonawalla, brings Novo Holdings as co-investor

New Delhi, May 6 -- Private equity firm TPG said Tuesday it has picked up a 35% stake in pharmaceutical packaging company Schott Poonawalla, a joint venture between billionaire Adar Poonawalla-led Ser... Read More


Susquehanna Asia VC leads $12-mn funding round in The Good Bug

New Delhi, May 6 -- Consumer healthcare startup The Good Bug (TGB), which focuses on gut health, said that it has raised Rs 100 crore ($11.9 million) in a new funding round led by Susquehanna Asia VC.... Read More


Neev Fund-backed GPS Renewables' JV with Indian Oil raises fresh capital from Japan's Sojitz

New Delhi, May 1 -- Japan-based Sojitz Corporation has made an investment in a holding structure of the special purpose company set up jointly by Neev Fund backed-GPS Renewables Pvt. Ltd and state-run... Read More


Aikyam Capital marks first close of maiden special situation fund

New Delhi, May 1 -- Aikyam Capital Management, an alternative investment firm focused on stressed assets in India, has announced the first close of its inaugural Aikyam Capital Stressed Assets Fund I,... Read More


Elevation-backed The Souled Store buys Redwolf to expand pop culture lineup

New Delhi, April 29 -- Direct-to-consumer pop-culture apparel brand The Souled Store, backed by venture capital firm Elevation Capital and growth-stage investor Xponentia Capital Partners, has acquire... Read More


Trident Growth Partners marks first close of maiden PE fund

New Delhi, April 22 -- Trident Growth Partners, a private equity firm set up by former senior investment professionals from PremjiInvest and International Finance Corporation, has raised Rs 1,000 cror... Read More


South Korea's Krafton, others invest in JetSynthesys

New Delhi, April 17 -- South Korean digital entertainment firm Krafton has made an undisclosed investment in JetSynthesys, a homegrown Indian digital entertainment and technology company focused on vi... Read More