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Aditya Birla Sun Life AMC marks final close of special opportunities AIF

New Delhi, Feb. 9 -- Aditya Birla Sun Life Asset Management Company (ABSL AMC) has announced the final close of the Aditya Birla Sun Life India Special Opportunities Fund. The multi-cap equity altern... Read More


Biotech startup Pandorum bags $18 mn to develop therapies for rare ocular diseases

New Delhi, Feb. 9 -- Biotechnology firm Pandorum Technologies has raised $18 million (Rs 163 crore) in a Series B round to advance the clinical development of its therapies that target diseases on the... Read More


ChrysCap-backed KIMS to up stake in Sunshine Hospital; Tube Investments inks M&A

New Delhi, Feb. 9 -- ChrysCapital-backed Krishna Institute of Medical Sciences (KIMS) has approved a further increase in its investment limit of up to Rs 100 crore ($11 million) to acquire additional ... Read More


Unicorn India Ventures, IIT Madras Research Park team up for deep-tech fund

New Delhi, Feb. 6 -- Early-stage venture capital firm Unicorn India Ventures, which is an investor in companies such as retail startup Daalchini, neo-banking firm Open and robotics startup Genrobotics... Read More


Nisus Finance exits Skytech Estates after three-year hold

New Delhi, Feb. 6 -- Nisus Finance Services Co Ltd has exited its investment in Skytech Estates Pvt Ltd, the company said in a statement. The investment delivered an internal rate of return (IRR) of ... Read More


Hero MotoCorp tops up bet on Euler Motor in Series E round

New Delhi, Feb. 6 -- Hero MotoCorp Ltd., promoted by the Munjal family-controlled diversified Hero Group, is investing up to Rs 275 crore ($30.3 millon) in electric vehicle maker Euler Motors, deepeni... Read More


SEBI proposes easier exit, winding-up norms for AIFs

New Delhi, Feb. 6 -- The Securities and Exchange Board of India (SEBI) has proposed easing winding-up norms for alternative investment funds (AIFs), including allowing them to retain money to meet lit... Read More


ZILO, Material Depot, Dr Doodley, others bag early-stage funding

New Delhi, Feb. 5 -- Quick commerce startup ZILO, home interiors platform Material Depot, pet healthcare firm Dr Doodley, and two other companies have raised funding in early-stage rounds from venture... Read More


Ranjan Pai-backed 108 BioCapital makes debut investment in Pinwheel Therapeutics

New Delhi, Feb. 5 -- 108 BioCapital, a US-based healthcare-focused growth fund, has made its maiden investment by backing Pinwheel Therapeutics, a biopharma startup conducting mid-stage clinical trial... Read More


Sofina, Sauce.vc co-lead The Whole Truth's $51 mn Series D

New Delhi, Feb. 4 -- Healthy food and snacking brand The Whole Truth has raised about $51 million (around Rs 461.5 crore) in primary and secondary capital in its Series D funding round led by Belgium ... Read More