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Zepto revenue more than doubles in FY25, gets funding at over $5 bn valuation

New Delhi, July 29 -- Quick commerce company Zepto Pvt Ltd's revenue for the year through March 2025 more than doubled from the year before and it raised a small amount of capital from a Mumbai-listed... Read More


Zepto revenue more than doubles in FY25, gets funding at $2.2 bn valuation

New Delhi, July 29 -- Quick commerce company Zepto Pvt Ltd's revenue for the year through March 2025 more than doubled from the year before but it raised a small amount of capital from a Mumbai-listed... Read More


Investcorp Capital appoints former Aldar executive as CEO

New Delhi, July 28 -- Abu Dhabi Securities Exchange (ADX)-listed alternative investment company Investcorp Capital (ICAP) has appointed a former Aldar executive as chief executive officer (CEO). The ... Read More


JK Paper to acquire majority stake in Borkar Packaging, expands folding carton footprint

New Delhi, July 28 -- JK Paper Ltd, a unit of the Singhania family-led JK Group, has agreed to acquire a controlling stake in folding carton manufacturer Borkar Packaging Pvt Ltd, marking its fifth ac... Read More


Amber Enterprises to acquire controlling stake in Israel's Unitronics

New Delhi, July 28 -- Consumer durable goods maker Amber Enterprises India Ltd will acquire a controlling stake in Israel-based industrial automation company Unitronics in a Rs 404-crore ($46.6-millio... Read More


Genexis Biotech, others raise early-stage funding; Zigly acquires Dr Santa Animal Healthcare

New Delhi, July 28 -- Bio-manufacturing company Genexis Biotech and electric mobility startup EVeez have raised funding in separate early-stage rounds. Meanwhile, pet care brand Zigly announced its ac... Read More


WestBridge-backed IndiQube gets bids worth $580 mn for IPO

New Delhi, July 25 -- The initial public offering of IndiQube Spaces Ltd, a co-working and flexible office space provider backed by private equity firm WestBridge Capital, was covered 12.33 times on t... Read More


MENA Digest: UAE's Qlub, Egyptian startup Flend, Oman's SafaQat get funding

New Delhi, July 25 -- Qlub, a UAE-based contactless dining payment platform, led the funding activity in the Middle East and North Africa (MENA) region this week, raising an eight-figure growth fundin... Read More


Natco to buy $226 mn stake in South African drugmaker Adcock Ingram

New Delhi, July 24 -- Indian pharmaceutical company Natco Pharma Ltd has decided to acquire a 35.75% stake in South Africa's Adcock Ingram Holdings Ltd for about Rs 2,000 crore, or almost $226 million... Read More


Binny Bansal, Mithun Sacheti lead SuperK's Series B round

New Delhi, July 24 -- SuperK, a franchised retail chain operating in small towns in India, has raised Rs 100 crore ($11.6 million) in its Series B funding round led by Flipkart co-founder Binny Bansal... Read More