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Actis buys Macquarie's Stride Climate to expand India green energy portfolio

New Delhi, March 24 -- Private equity firm Actis said Monday it has acquired Stride Climate Investments from a fund managed by Macquarie Asset Management to beef up its India renewable energy portfoli... Read More


SBI Caps appoints new head of equity capital markets business

New Delhi, March 24 -- SBI Capital Markets has appointed Amrendra Singh to lead its equity capital markets vertical, the investment banking arm of State Bank of India said Monday. Singh, who has been... Read More


Dialysis chain DCDC secures fresh capital from Temasek-backed investor

New Delhi, March 24 -- DCDC Health Services Pvt Ltd, which operates dialysis centers under the DCDC Kidney Care brand, has raised Rs 150 crore in funding from Singapore-based ABC Impact, an Asia-focus... Read More


Delhivery appoints PepperTap co-founder to head rapid commerce, D2C brands

New Delhi, March 24 -- Delhivery, the Softbank-backed logistics company, announced on Monday that it has appointed Milind Sharma, the co-founder of e-grocery startup PepperTap, as the head of its rapi... Read More


Hero MotoCorp to invest $60 mn in BII, Blume-backed Euler Motors

New Delhi, March 21 -- Hero MotoCorp Ltd, India's biggest two-wheeler maker and the top shareholder of electric scooter maker Ather Energy, has entered the electric three-wheeler segment with a Rs 525... 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


MENA Digest: Nymcard nets $33 mn; ClearGrid, PlaysOut get seed money

New Delhi, March 21 -- Dubai Future District Fund-backed payments infrastructure provider Nymcard led the funding activity in the Middle East and North Africa region this week, raising growth capital ... Read More


Goodwater, Blume lead Series B round in regional OTT platform

New Delhi, March 21 -- Regional language OTT platform Stage has raised $12.5 million (Rs 107.4 crore) in a Series B funding round, the company said on Friday. Delhi-based startup Stage Technologies P... Read More


Norfund to support VA Tech's $100-mn municipal projects platform

New Delhi, March 21 -- Norfund, the Norwegian government's investment fund focused on sustainable development, is joining a consortium to back a municipal projects platform established by VA Tech Waba... Read More


Bain Capital to acquire joint control of Manappuram Finance for over $500 mn

New Delhi, March 20 -- Private equity firm Bain Capital has agreed to acquire joint control of Manappuram Finance Ltd, a Kerala-based non-banking financial company and India's second-largest gold fina... Read More