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Advent International to invest $175 mn in Felix Pharma

New Delhi, June 9 -- Private equity firm Advent International said Monday it has agreed to invest $$175 million (Rs 1,500 crore) to pick up a significant minority stake in Felix Pharmaceuticals Pvt Lt... Read More


Aditya Birla's realty arm onboards IFC for residential projects

New Delhi, June 9 -- Birla Estates Pvt Ltd, the real estate subsidiary of the Aditya Birla Group, has secured a $50-million (about Rs 420-crore) investment from the International Finance Corporation (... Read More


Ashish Kacholia, Jungle Ventures lead funding in Sanlayan; Roomstory bags pre-seed cheque

New Delhi, June 9 -- Defence electronics startup Sanlayan secured funding to expand its engineering base and manufacturing capabilities, while shopping assistance platform Roomstory received pre-seed ... Read More


Sanlayan, Vecmocon raise Series A funding; Roomstory bags pre-seed cheque

New Delhi, June 9 -- Defence electronics startup Sanlayan and Vecmocon Technologies, a provider of electric mobility solutions, have secured Series A funding while shopping assistance platform Roomsto... Read More


HealthKois unveils $300-mn VC fund to bet on healthcare startups

New Delhi, June 6 -- Alternative investment firm HealthKois, set up by the leadership of HealthQuad, has unveiled a venture capital fund to invest in early growth-stage startups in the healthcare sect... Read More


Goofy Tails, Kosmc AI secure early-stage funding

New Delhi, June 6 -- Wipro's consumer investment arm has struck its first investment in the pet care space, while social commerce infrastructure startup Kosmc AI has secured funding in a pre-seed roun... Read More


RBI rejects PE-backed Annapurna Finance's banking application for second time

New Delhi, June 6 -- The Reserve Bank of India has rejected an application by Annapurna Finance Pvt. Ltd, which counts Piramal Alternatives and mid-market private equity firm Oman India Joint Investme... Read More


MENA Digest: Tunisian startup Kumulus Water, Qatar's ShipBee secure funding

New Delhi, June 6 -- At least two early-stage startups secured funding in the Middle East and North Africa (MENA) region in an otherwise quiet week for dealmaking. Tunisia's water-tech startup Kumulus... Read More


African PE firm Mediterrania Capital Partners marks final close of Fund IV

New Delhi, June 6 -- Mediterrania Capital Partners (MCP), a Malta-based private equity firm that manages over $800 million in assets and deploys growth capital in mid-sized African companies, has mark... Read More


InfoEdge Ventures leads Series B funding in Decentro

New Delhi, June 6 -- Decentro, a fintech startup that provides banking infrastructure, said Friday it has raised Rs 30 crore ($3.5 million) in its Series B funding round led by InfoEdge Ventures. Sta... Read More