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Hyderabad-based Cyient to acquire AI-focussed Tao Digital

New Delhi, June 1 -- Hyderabad-based engineering research and development (ER&D) firm Cyient Ltd has signed an agreement to acquire Santa Clara, California-headquartered Tao Digital Solutions. The Mu... Read More


Altimeter Capital makes a forgettable exit from Indian firm

New Delhi, June 1 -- American alternative investment firm Altimeter Capital, which invests in high-growth technology companies via its public market as well as venture and growth equity vehicles, has ... Read More


EV maker Simple Energy bags $26 mn, sets sights on FY28 listing

New Delhi, June 1 -- Bengaluru-based electric two-wheeler maker Simple Energy has raised Rs 250 crore ($26.3 million) through a mix of equity and debt, closing its Series B funding round. The round c... Read More


PE firm India SME Investments clocks partial exit from a fashion retailer

New Delhi, May 26 -- Private equity firm India SME Investments, which focuses on small and medium enterprises, has partly monetized its investment in a fashion retailer that it first backed seven year... Read More


Copper Chimney operator's fund places first bet, backs abCoffee

New Delhi, May 25 -- Homegrown quick-service coffee chain abCoffee has secured Rs 61 crore ($6.4 million) in its pre-Series B round led by Kliff Ventures, the newly launched consumer retail fund from ... Read More


Dubai Future District Fund makes LP-style bet on US-based VC fund

New Delhi, May 25 -- The Dubai Future District Fund (DFDF), the region's first evergreen venture capital fund-of-funds, has made a limited partner (LP)-style commitment into a Washington, DC-headquart... Read More


Elevation Capital pulls out $100 mn more from legacy VC bet

New Delhi, May 25 -- Domestic venture capital firm Elevation Capital, which typically makes early-stage bets but also forayed into late-stage investing with the launch of a dedicated fund last year, h... Read More


Clouted, Meta Fashion, ANSCER Robotics raise early-stage funding

New Delhi, May 21 -- Digital fashion platform Meta Fashion, industrial robotics company ANSCER Robotics, and US-headquartered startup Clouted have raised fresh early-stage funding, the companies said.... Read More


General Catalyst leads $63 mn funding in Scapia

New Delhi, May 21 -- Scapia, a travel-fintech startup, has raised $63 million (about Rs 606 crore) in a round led by American venture capital firm General Catalyst. Existing VC investors Peak XV Partn... Read More


Jordan's JCIF launches $70-mn fund to back local tech founders

New Delhi, May 20 -- Jordan Capital and Investment Fund (JCIF), one of the largest private-sector investment platforms backed by 16 lenders of the country, has launched a fund Manara Ventures to back ... Read More