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Vedantu raises fresh capital in internal round, in talks to rope in new investors

New Delhi, Sept. 26 -- Edtech unicorn Vedantu has raised $11 million (around Rs 97.5 crore) from its internal investors as part of an ongoing larger funding exercise. The round was led by Singapore-he... Read More


MENA Digest: Fintech platform Erad, superapp maker Done.ma raise funds

New Delhi, Sept. 26 -- The Middle East and North Africa (MENA) region saw fewer funding announcements this week compared to the big-ticket fundraises last week. The activity this week was led by debt... Read More


SEBI roundup: A kidnap drama, a repeat offender banker, and insider trading

New Delhi, Sept. 26 -- The Securities and Exchange Board of India deliberated on several interesting cases over the past week, from a company whose promoters cited a novel excuse to divert proceeds fr... Read More


Crisil to acquire Canada's McKinsey PriceMetrix for $38 mn

New Delhi, Sept. 25 -- Credit rating and research firm Crisil Ltd has inked a deal to acquire McKinsey PriceMetrix Co, a Canada-based step-down subsidiary of McKinsey & Co. Mumbai-listed Crisil, majo... Read More


Chiratae Ventures marks second close of 5th fund at $150 million

New Delhi, Sept. 25 -- Domestic technology-focussed venture capital firm Chiratae Ventures announced the second close of its fifth fund at $150 million (Rs 1,329 crore) as it garnered commitments from... Read More


Chiratae Ventures marks second close of 5th fund at $150 mn

New Delhi, Sept. 25 -- Domestic technology-focussed venture capital firm Chiratae Ventures announced the second close of its fifth fund at $150 million (Rs 1,329 crore) as it garnered commitments from... Read More


Emergent, Samaaro, Cosmoserve Space, others secure funding

New Delhi, Sept. 25 -- No-code platform Emergent, event marketing firm Samaaro, spacetech startup Cosmoserve Space, agri-supply chain firm KisanKonnect, and agritech startup Bharat Intelligence have r... Read More


Alchemy Capital, Ashish Kacholia in $34-mn round raised by SaaS provider Beroe

New Delhi, Sept. 25 -- North Carolina-headquartered procurement-technology provider Beroe, which has operations also in India, has raised Rs. 300 crore ($34 million) from a consortium of investors via... Read More


Nuvama, Cushman & Wakefield's fund buys Chennai office asset from Keppel

New Delhi, Sept. 25 -- Prime Offices Fund (PRIME), a commercial real estate fund managed by Nuvama and Cushman & Wakefield Management Pvt Ltd (NCW), has acquired a 2.4 million square feet office campu... Read More


CapitaLand India Trust divests from Chennai, Hyderabad assets for $125 mn

New Delhi, Sept. 25 -- Realty investor CapitaLand India Trust (CLINT) has signed an agreement to divest from two IT parks CyberVale in Chennai and CyberPearl in Hyderabad to an unrelated third party f... Read More