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PE firm Gaja Capital files for IPO via confidential route

New Delhi, July 2 -- Homegrown private equity firm Gaja Capital, which is investing out of its fourth fund that it raised a year and a half ago, has confidentially filed for an initial public offering... Read More


AppsForBharat raises Series C led by Susquehanna Asia Venture Capital

New Delhi, July 1 -- AppsForBharat, the owner of the devotion platform Sri Mandir, has raised Rs 175 crore ($20 million) in a Series C funding round led by its existing investor Susquehanna Asia Ventu... Read More


TPG, Flipkart-backed logistics firm Shadowfax confidentially files for IPO

New Delhi, July 1 -- Shadowfax Technologies, a logistics company backed by marquee investors such as private equity firm TPG, Flipkart, International Finance Corporation (IFC), Nokia Growth Partners, ... Read More


Secondaries PE firm TR Capital buys stake in three firms from Eight Roads

New Delhi, June 30 -- Asia-focused secondaries private equity firm TR Capital, which manages over $1.5 billion across India, China and Southeast Asia, has acquired a stake in three growth-stage compan... Read More


MediaMint, Blue Mantis backer Recognize garners $1.7 bn for second PE fund

New Delhi, June 30 -- Recognize, a private equity firm that backs businesses in the digital services industry, has raised $1.7 billion for its second fund and marked its final close, a top executive t... Read More


Zerodha's Kamath brothers invest in InCred's holding company

New Delhi, June 23 -- Brothers Nikhil Kamath and Nithin Kamath, the co-founders of discount broker Zerodha, have invested Rs 250 crore ($28.8 million) in InCred Holdings Ltd, the holding company of no... Read More


SEBI eases ESOP norms for startup founders, rationalises angel fund framework

New Delhi, June 19 -- The Securities and Exchange Board of India (SEBI) has decided to ease the norms on employee stock ownership plans (ESOPs) for startup founders allowing them to hold share-based b... Read More


Google-backed Sharechat's CBO Gaurav Jain resigns

New Delhi, June 17 -- Gaurav Jain, the chief business officer of Google-backed short video platform Sharechat that also owns another reels platform Moj, has resigned from his role. "Today, we shared ... Read More


MakeMyTrip raising over $2.5 bn to buy back Chinese firm Trip.com's stake

New Delhi, June 17 -- Online travel aggregator MakeMyTrip plans to raise more than $2.5 billion through an offering of ordinary shares and convertible notes to buy back part of the stake held by Chine... Read More


Aspora nets Series B to offer remittance, financial services to Indian diaspora

New Delhi, June 16 -- Aspora, a cross-border payments startup that provides remittance services and other products for non-resident Indians, said Monday it has closed its Series B funding round led by... Read More