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Saudi Arabia's Palm Ventures adds new General Partner

New Delhi, June 22 -- Saudi Arabia-based Palm Ventures, an early-stage venture capital platform focussed on the Middle East, has roped in a former partner from another local VC firm Propeller for its ... Read More


Waste-tech startup Recykal bags $23 mn in bridge funding; Circulate Capital exits

New Delhi, June 22 -- Recykal, a technology platform for waste management and the circular economy, has raised $23 million (around Rs 217 crore) in a bridge round comprising a mix of primary and secon... Read More


VC-backed Rusk Media gets a valuation bump as it raises fresh funding

New Delhi, June 18 -- Rusk Media Pvt Ltd, a digital entertainment company that builds video intellectual properties for Gen Z and millennial audiences, has recorded a jump in its valuation as it secur... Read More


B Capital leads SolarSquare Energy's Series C funding round

New Delhi, June 16 -- Mumbai-based renewable energy platform SolarSquare Energy has raised $53 million (about Rs 500 crore) in its Series C funding round led by American venture capital firm B Capital... Read More


Sarvam AI joins unicorn club with $234 mn cheque from HCL Tech, others

New Delhi, June 15 -- Sarvam AI, a full-stack generative AI startup, has raised $234 million (Rs 2,210 crore) in the first close of its $300 million Series B round, led by Indian information technolog... Read More


Amethis rolls out third MENA-focussed vehicle, taps key LP

New Delhi, June 15 -- French private equity firm Amethis, which invests in mid-sized businesses across Africa, the Middle East and Europe, has launched its third vehicle focussed on the Middle East an... Read More


Skyroot backer AUM Ventures rolls out new VC fund for India bets

New Delhi, June 12 -- Abu Dhabi-headquartered AUM Ventures, which makes early and pre-growth stage bets on Indian entrepreneurs, has launched its second fund. The firm is targeting a corpus of $80 mi... Read More


Avataar Ventures leads Series B funding in Ethereal Machines

New Delhi, June 11 -- Precision manufacturing startup Ethereal Machines has secured $28.5 million (about Rs 272.7 crore) in its Series B funding round led by growth-stage venture capital firm Avataar ... Read More


Old Mutual Private Equity, Gulf Capital clock exits

New Delhi, June 11 -- Old Mutual Private Equity (OMPE), which is part of South Africa's financial services group Old Mutual, and global PE major The Carlyle Group have exited a portfolio company that ... Read More


Hypernorm AI, Hoola Health raise early-stage funding

New Delhi, June 10 -- Hypernorm AI, a platform to help wealth advisors in their decision making, has secured a $2.2 million (around Rs 21 crore) in a seed funding round co-led by venture capital fund ... Read More