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Nilekani-backed Fundamentum charts dual strategy for growth-stage, AI-deeptech bets

New Delhi, Sept. 10 -- Growth-stage venture capital firm Fundamentum Partnership, co-founded by Infosys veteran Nandan Nilekani and Helion Ventures' Sanjeev Aggarwal, is gearing up to expand its inves... Read More


Apollo Global-Tega Industries consortium to acquire Molycop for $1.5 bn

New Delhi, Sept. 10 -- New York-listed private equity firm Apollo Global has teamed up with Indian mining products maker Tega Industries to acquire US-based Molycop, a supplier in grinding media for t... Read More


TERN Group, Presolv360, Asaya, others secure early-stage funding

New Delhi, Sept. 10 -- Talent mobility platform TERN Group, dispute resolution firm Presolv360, skincare brand Asaya, drone startup EndureAir and several others have raised early-stage funding in sepa... Read More


VC firm VentureSouq marks final close of second fintech fund

New Delhi, Sept. 10 -- VentureSouq, an early-stage venture capital firm in the Middle East, has marked the final close of its second fintech fund. The Dubai-headquartered VC firm has raised the targe... Read More


Swiss impact investor responsAbility marks fourth close of Asia climate fund

New Delhi, Sept. 10 -- Switzerland-based impact investor responsAbility Investments AG has marked the fourth close of its Asia-focused climate fund after securing commitments from International Financ... Read More


Temasek-backed Prudent Corporate to buy Indus Capital's mutual fund distribution business

New Delhi, Sept. 10 -- Prudent Corporate Advisory, an independent distributor of wealth and insurance products backed by Singapore's Temasek, has inked a deal to acquire Indus Capital's mutual fund di... Read More


Agrim, Cashinvoice backer Accion Ventures raises new fund with India mandate

New Delhi, Sept. 9 -- Accion Venture Lab, the US-based social impact investor Accion's investment arm that focuses on early-stage investments, has closed its second early-stage fund that has an India ... Read More


Somerset Indus Capital Partners nears final close of third fund

New Delhi, Sept. 9 -- Healthcare-focused private equity firm Somerset Indus Capital Partners said Tuesday it is in the final stages of closing its third fund, which has a target corpus of around $250 ... Read More


African PE firm Vantage Capital exits Moroccan IT group after six years

New Delhi, Sept. 9 -- Vantage Capital, an Africa-focused mid-market fund manager, has exited its investment in a Moroccan information technology group after six years of investment. The Johannesburg-... Read More


ChrysCapital, InCred invest growth capital in Amber Group subsidiary

New Delhi, Sept. 8 -- ILJIN Electronics India Pvt. Ltd, the electronics division of Amber Group, has raised Rs 1,200 crore (around $136.2 million) from private equity firm ChrysCapital and InCred PE i... Read More