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Amber Group, Rainbow Hospitals, Mahindra Lifespaces, Asian Paints strike M&As

New Delhi, June 30 -- Amber Group's electronics manufacturing services arm, hospital chain Rainbow Children's Medicare Ltd, Mahindra Group's real estate development unit and Asian Paints have struck m... Read More


Gaja Capital leads Eggoz's $20-mn Series C round

New Delhi, June 30 -- Egg-focused agri-consumer brand Eggoz has raised $20 million (around Rs 171 crore) in its Series C funding round led by Gaja Capital, with participation from existing investors, ... Read More


Orix revives deal to sell stake in Greenko to AM Green

New Delhi, June 30 -- Japanese financial services firm Orix Corp said on Monday that it plans to re-enter an agreement to sell a 17.5% stake in Greenko Energy Holdings, backed by GIC, to AM Green Powe... Read More


Solar module maker Rayzon Solar files for $175 mn IPO

New Delhi, June 27 -- Surat, Gujarat-based solar photovoltaic module maker Rayzon Solar Ltd has filed draft papers with the Securities and Exchange Board of India (SEBI) to raise Rs 1,500 crore ($175 ... Read More


MENA Digest: AppliedAI, Related, Nowlun, Roomz.rent secure funding

New Delhi, June 27 -- UAE-based startups drove funding activity in the Middle East and North Africa (MENA) region this week. Abu Dhabi-based AppliedAI and loyalty platform Related secured substantial ... Read More


Amitabh Kant joins Fairfax as senior advisor

New Delhi, June 27 -- Canadian investment holding company Fairfax has appointed Amitabh Kant, who recently stepped down as India's G20 sherpa, as a senior advisor to support its long-term investment s... Read More


General Catalyst leads $100 mn funding in drone maker Raphe mPhibir

New Delhi, June 26 -- US-based venture capital firm General Catalyst has led a $100 million (about Rs 860 crore) funding round in Indian drone manufacturing company Raphe mPhibr Pvt Ltd, the largest f... Read More


SEBI probes pump-and-dump racket involving multiple firms, conducts search ops

New Delhi, June 26 -- The Securities and Exchange Board of India is investigating suspicious stock market activities across more than a dozen listed companies in a wide-ranging probe that has uncovere... Read More


JSW Ventures bets on hospitality startup StayVista

New Delhi, June 26 -- Villa-rental platform StayVista has raised over Rs 40 crore (around $4.6 million) in its Series B funding round led by JSW Ventures, with participation from existing investors DS... Read More


Binny Bansal bets on ShopOS; Flipspaces, Jobizo, Indian Snack House get funding

New Delhi, June 26 -- Flipkart co-founder Binny Bansal has invested in e-commerce-focused software startup ShopOS while healthtech HR platform Jobizo and Indian Snack House, a direct-to-consumer brand... Read More