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Waaree Energies arm to acquire majority stake in transmission firm for $133 mn

New Delhi, Jan. 27 -- Waaree Renewable Technologies Ltd, the engineering and construction arm of solar module maker Waaree Energies Ltd, is set to enter the grid infrastructure segment by agreeing to ... Read More


SpotDraft, Nivaan Care, Mysa get early-stage funds

New Delhi, Jan. 27 -- A startup that simplifies contract management and another that does the same for finance-related workflows, and a third that helps with pain management have raised early-stage fu... Read More


SpotDraft, Nivaan Care, Mysa, Entellus get funding; Aimtron buys US firm

New Delhi, Jan. 27 -- A startup that simplifies contract management and another that does the same for finance-related workflows, and a third that helps with pain management have raised early-stage fu... Read More


Yali Capital-backed 4baseCare raises Series B funding

New Delhi, Jan. 27 -- Bengaluru-based precision oncology startup 4baseCare has raised Rs 90 crore (around $9.8 million) in its Series B funding round, with the round co-led by investors Ashish Kacholi... Read More


How Supreme Court's Tiger Global verdict will affect PE, VC investors in immediate and long term

New Delhi, Jan. 27 -- The Supreme Court's decision denying capital gains tax exemption to Tiger Global under the India-Mauritius tax treaty on the sale of shares in Flipkart Singapore, sends a clear s... Read More


SoftBank-backed Juspay joins unicorn club as WestBridge bets $50 mn

New Delhi, Jan. 23 -- Payments technology company Juspay has entered the unicorn club of startups with homegrown private equity firm WestBridge Capital investing $50 million (around Rs 458 crore) at a... Read More


Tiger Global, Accel, 3i, Kotak Alts portfolio firms get SEBI nod for IPO

New Delhi, Jan. 23 -- The Securities and Exchange Board of India (SEBI) has given the go-ahead to as many as 13 companies to proceed with their initial public offerings (IPO), paving the way for sever... Read More


Credila backer EQT secures $14 bn for new Asia fund, set to hit hard cap

New Delhi, Jan. 23 -- Swedish buyout firm EQT, which acquired Baring Private Equity Asia in 2022, has secured capital commitments of $14 billion from its limited partners for its latest Asia-focussed ... Read More


Bain Capital-backed Novopor buys US specialty chemicals firm FAR Chemical

New Delhi, Jan. 23 -- Bain Capital-backed Novopor Advanced Science, a global supplier of complex, high-value chemicals, has acquired US-based FAR Chemical, a custom and complex specialty chemicals man... Read More


Walmart to pare stake in PhonePe IPO; Tiger Global, Microsoft to fully exit

New Delhi, Jan. 22 -- US retailer Walmart will trim its stake in PhonePe via the Indian digital payments company's upcoming initial public offering while Tiger Global and Microsoft will sell their ent... Read More