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MENA Digest: UAE's Flow48, Saudi Arabian CQR, Bahrain's Lola get funding

New Delhi, Feb. 28 -- United Arab Emirates-based fintech startup Flow48 led fundraising activity in the Middle East and North Africa (MENA) region this week, securing growth capital to fuel expansion.... Read More


Wipro commits $200 mn more to VC arm to invest in tech startups

New Delhi, Feb. 27 -- Software services giant Wipro Ltd has committed to invest $200 million in its venture capital arm, the fourth such commitment since it started the investment firm almost a decade... Read More


Welspun One fully deploys second fund, rolls out co-investment plan

New Delhi, Feb. 27 -- Homegrown warehousing and industrials investor and development management platform Welspun One, which wrapped up raising capital for its latest fund in July last year, has launch... Read More


Vidyut, HiWiPay, Ritualistic, Pickkup, Astrogate Labs, Earthful net early-stage cheques

New Delhi, Feb. 27 -- Electric vehicle startup Vidyut, payments platform HiWiPay, home decor startup Ritualistic, EV-based logistics firm Pickkup, spacetech firm Astrogate Labs and nutrition brand Ear... Read More


Elevation Capital leads Series B funding in MOC Cancer Care

New Delhi, Feb. 27 -- MOC Cancer Care & Research Centre, a network of healthcare centres providing services in oncology and haematology, has secured $18 million (Rs 157 crore) in a Series B round of f... Read More


Lightspeed, Accel invest in AI-led research startup

New Delhi, Feb. 27 -- Artificial intelligence startup Bridgetown Research, which develops AI-powered agents for research and analysis for private equity, consulting and strategy professionals, has sec... Read More


Convergent-backed Camlin Fine Sciences to buy French firm Vinpai

New Delhi, Feb. 25 -- Mumbai-based specialty chemicals company Camlin Fine Sciences Ltd, which counts private equity firm Convergent Finance and Belgium-based investment firm Ackermans & van Haaren as... Read More


MO Alts picks up majority stake in API maker Megafine Pharma

New Delhi, Feb. 25 -- Motilal Oswal Alternates (MO Alts), the private equity arm of Motilal Oswal Financial Services Ltd, has invested Rs 460 crore to acquire a majority stake in active pharmaceutical... Read More


Dodo Payments, Make in Box, Eat Better rake in early-stage funding

New Delhi, Feb. 25 -- Dodo Payments, Make in Box, and Eat Better Co have secured early-stage funding from venture capital and angel investors, the companies said Tuesday. Dodo Payments Dodo Payments... Read More


Bain Capital-backed 360 ONE Asset tops target for secondaries fund

New Delhi, Feb. 25 -- 360 ONE Asset Management, which counts private equity firm Bain Capital as an investor, has closed its secondaries fund after exceeding its target corpus, according to people in ... Read More