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Dialysis chain DCDC secures fresh capital from Temasek-backed investor

New Delhi, March 24 -- DCDC Health Services Pvt Ltd, which operates dialysis centers under the DCDC Kidney Care brand, has raised Rs 150 crore in funding from Singapore-based ABC Impact, an Asia-focus... Read More


Delhivery appoints PepperTap co-founder to head rapid commerce, D2C brands

New Delhi, March 24 -- Delhivery, the Softbank-backed logistics company, announced on Monday that it has appointed Milind Sharma, the co-founder of e-grocery startup PepperTap, as the head of its rapi... Read More


Hero MotoCorp to invest $60 mn in BII, Blume-backed Euler Motors

New Delhi, March 21 -- Hero MotoCorp Ltd, India's biggest two-wheeler maker and the top shareholder of electric scooter maker Ather Energy, has entered the electric three-wheeler segment with a Rs 525... Read More


Hindustan Unilever picking up stake in Circulate Capital-backed plastics recycling firm

New Delhi, March 21 -- Fast-moving consumer goods conglomerate Hindustan Unilever Ltd is set to pick up a minority stake in recycling and engineered plastics manufacturer Lucro Plastecycle Pvt. Ltd, w... Read More


MENA Digest: Nymcard nets $33 mn; ClearGrid, PlaysOut get seed money

New Delhi, March 21 -- Dubai Future District Fund-backed payments infrastructure provider Nymcard led the funding activity in the Middle East and North Africa region this week, raising growth capital ... Read More


Goodwater, Blume lead Series B round in regional OTT platform

New Delhi, March 21 -- Regional language OTT platform Stage has raised $12.5 million (Rs 107.4 crore) in a Series B funding round, the company said on Friday. Delhi-based startup Stage Technologies P... Read More


Norfund to support VA Tech's $100-mn municipal projects platform

New Delhi, March 21 -- Norfund, the Norwegian government's investment fund focused on sustainable development, is joining a consortium to back a municipal projects platform established by VA Tech Waba... Read More


Bain Capital to acquire joint control of Manappuram Finance for over $500 mn

New Delhi, March 20 -- Private equity firm Bain Capital has agreed to acquire joint control of Manappuram Finance Ltd, a Kerala-based non-banking financial company and India's second-largest gold fina... Read More


Alpha Wave bets $145 mn on Oberoi Realty group firm

New Delhi, March 20 -- Alternative investment firm Alpha Wave Global has agreed to invest Rs 1,250 crore (about $145 million) in a joint venture of Oberoi Realty Ltd and the Mumbai-listed developer's ... Read More


Prosus' PayU acquires stake in digital payments platform Mindgate

New Delhi, March 20 -- Prosus-owned Dutch payments company PayU said on Thursday that it has acquired a stake in Mumbai-based Mindgate Solutions as part of its strategy to strengthen its position in t... Read More