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Mutual Funds Increase Stake In Paytm In March Quarter, FII Holding Declines

India, April 25 -- Amid the ongoing regulatory turmoil at fintech major Paytm, Indian mutual funds increased their shareholding in the Vijay Shekhar Sharma-led company during the March quarter of the ... Read More


Exclusive: Clix Capital Raises $6 Mn Debt Funding From DCB Bank

India, April 25 -- Delhi NCR-based Clix Capital has secured a debt funding of $6 Mn from DCB bank. As per the regulatory filing of the non-banking financial company, it is allotting around 1,00,000 no... Read More


Swiggy Backer Prosus Promotes Ashutosh Sharma To Lead India, SEA Investments

India, April 25 -- Prosus Ventures, which counts BYJU'S, Swiggy, Meesho, Olx and Fashinza among its Indian portfolio companies, has promoted its head of investments for India, Ashutosh Sharma, to purs... Read More


CCPA Asks Quick Commerce Players To Prove Their '10 Minute' Delivery Claims

India, April 25 -- The Central Consumer Protection Authority (CCPA) has reportedly asked quick commerce players Blinkit, Swiggy Instamart, Zepto and Big Basket (BB Now) to prove their '10 minute' deli... Read More


Flashaid Nets $2.5 Mn To Offer API-First Full Stack Health Solutions

India, April 25 -- Healthcare-focused insurtech startup Flashaid has raised $2.5 Mn in a pre-Series A funding round co-led by Piper Serica Angel Fund and SOSV, with participation from Z21 Ventures Fun... Read More


Kedaara Capital Closes India's Largest PE Fund At $1.7 Bn

India, April 25 -- India-focused private equity firm Kedaara Capital has marked the final close of its fourth investment vehicle, Kedaara IV, at a whopping $1.73 Bn. This will be Kedaara's fourth fun... Read More


[Update] Canada Pension Plan Investment Board Offloads 2.04 Cr Shares Of Delhivery

India, April 25 -- Update | April 25, 01:35 AM Canada Pension Plan Investment Board on Wednesday (April 24) offloaded nearly half of its stake (46%) in logistics giant Delhivery in a block deal worth... Read More


Temasek, Fidelity In Final Talks To Inject $200 Mn Into Lenskart

India, April 25 -- Singapore state investment firm Temasek and US-based Fidelity are in final discussions to infuse around $200 Mn into Lenskart through a secondary share sale, valuing the omnichannel... Read More


IPO-Bound Northern Arc Snags $80 Mn From IFC

India, April 25 -- Non-banking lender Northern Arc has raised $80 Mn (INR 667 Cr) from World Bank Group's private-sector investment arm International Finance Corporation (IFC) in equal halves of equit... Read More


ONDC Looks To Onboard News Media Platforms On The Network

India, April 25 -- Looking to bolster its category play, the Open Network for Digital Commerce (ONDC) is reportedly looking to onboard news media platforms on the state-backed network. As part of thi... Read More