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After exiting logistics firm, Flipkart checks out of Aditya Birla Fashion

New Delhi, June 4 -- Walmart-owned ecommerce giant Flipkart sold its stake in Aditya Birla Fashion and Retail Ltd (ABFRL) on Wednesday, a day after exiting a logistics company that it backed a decade ... Read More


Sauce.vc tops up bet on ice cream firm Hocco Foods

New Delhi, May 15 -- Hocco Foods Pvt Ltd, run by the Ahmedabad-based Chona family, has raised $10 million (Rs 86 crore) of the total intended $20 million as part of its Series B round, the company sai... Read More


Neo Asset Management invests $20 mn in diaper maker Nobel Hygiene

New Delhi, May 15 -- The asset management arm of Mumbai-based Neo Group has invested Rs 170 crore ($20 million) in disposable hygiene products maker Nobel Hygiene Pvt. Ltd through a mix of primary and... Read More


Value retailer 1-India Family Mart pockets Series D funding

New Delhi, May 15 -- Dubai-based financial services firm Gulf Islamic Investments (GII) and Indian mid-market private equity firm Carpediem Capital have doubled down on their investments in 1-India Fa... Read More


JSW One Platforms gets $1 bn valuation in new funding round

New Delhi, May 13 -- JSW One Platforms Ltd, a B2B digital marketplace for industrial material procurement, has raised Rs 340 crore ($40 million) from a group of investors, including its parent company... Read More


FabIndia backer Lighthouse invests in premium occasion wear brand Kalki Fashion

New Delhi, April 29 -- Mid-market private equity firm Lighthouse Funds has invested Rs 225 crore ($26.4 million) in Mumbai-based direct-to-consumer premium bridal and festive wear brand Kalki Fashion ... Read More


SYN Ventures, LDV Partners to take control of Tata Communications unit

New Delhi, April 23 -- US-based venture capital firms SYN Ventures and LDV Partners will take a majority stake in secure networking and connectivity solutions firm NetFoundry Inc. from its Indian pare... Read More


Hindustan Unilever picking up stake in Circulate Capital-backed plastics recycling firm

New Delhi, March 21 -- Fast-moving consumer goods conglomerate Hindustan Unilever Ltd is set to pick up a minority stake in recycling and engineered plastics manufacturer Lucro Plastecycle Pvt. Ltd, w... Read More


SRF to acquire Kanpur Plastipack's cast polypropylene business

New Delhi, March 11 -- SRF Ltd, a Gurugram-based industrial and specialties intermediates conglomerate, will acquire one of the non-core packaging divisions of Kanpur Plastipack Ltd. SRF will acquire... Read More