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Abu Dhabi's IHC to take controlling stake in Sammaan Capital for $1 bn

New Delhi, Oct. 3 -- International Holding Company (IHC), an investment firm based in Abu Dhabi, has inked a deal to acquire a 41.2% stake in Indian non-bank lender Sammaan Capital for Rs 8,850 crore ... Read More


Luxury watch retailer Art of Time raises $19.5 mn Series B

New Delhi, Oct. 3 -- Art of Time, which sells luxury watches through its website and boutique brick-and-mortar stores, has raised Rs 175 crore ($19.5 million) in a Series B funding round. The round w... Read More


SEBI roundup: Safer UPI, a chit-fund scamster, and a pipemaker's hollow claim

New Delhi, Oct. 3 -- The Securities and Exchange Board of India (SEBI) dealt with a mix of investor protection measures and enforcement actions this week, ranging from new UPI validation tools to an o... Read More


MENA Digest: UAE firms Upfront, Climaty AI, Saudi's DOO, others get funding

New Delhi, Oct. 3 -- Early-stage startups led funding activity in the Middle East and North Africa (MENA) region this week, with at least seven firms securing capital. These include UAE-based fintech ... Read More


After Runwal Enterprises, group firm Runwal Developers files for IPO

New Delhi, Oct. 3 -- Mumbai-based real estate developer Runwal Developers Ltd has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 2,000... Read More


Runwal Developers files DRHP for $225 mn IPO

New Delhi, Oct. 3 -- Mumbai-based real estate developer Runwal Developers Ltd has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 2,000... Read More


Tiger Global-backed Infra.Market taps confidential route for $564 mn IPO

New Delhi, Oct. 1 -- Digital platform for construction materials Infra.Market has filed for an initial public offering (IPO) worth Rs 5,000 crore (around $564 million) using SEBI's confidential pre-fi... Read More


RateGain set to expand global operations with $250 mn US acquisition

New Delhi, Oct. 1 -- Mumbai-listed travel and hospitality technology services provider RateGain Travel Technologies Ltd has entered into definitive agreements to acquire US-based travel advertising an... Read More


PE-backed Indegene to acquire US firm for $106 mn

New Delhi, Oct. 1 -- Life sciences and healthcare services company Indegene Ltd, which counts private equity firm Brighton Park Capital and two Indian family offices as investors, has inked a deal to ... Read More


Climaty AI, Mishmash Naturals raise early-stage funding

New Delhi, Oct. 1 -- Sustainable marketing-solutions provider Climaty AI, founded by Neel Pandya, has raised $2 million (around Rs 17.7 crore) in early-stage funding led by Turbostart, with participat... Read More