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Temasek, TPG-backed Dr. Agarwal's Health ends below IPO price in tepid debut

New Delhi, Feb. 4 -- Eyecare chain Dr. Agarwal's Health Care Ltd made a weak stock market debut on Tuesday with its shares ending below the initial public offering price after listing at a discount. ... Read More


How Budget 2025 makes GIFT City even more attractive for investors

New Delhi, Feb. 3 -- The International Financial Service Centre (IFSC), popularly referred to as Gujarat International Finance Tech City (GIFT City), has been a focus area with frequent measures from ... Read More


Microlender CreditAccess Grameen secures $50 mn from IFC

New Delhi, Feb. 3 -- CreditAccess Grameen Ltd, India's biggest microfinance institution, said Monday it has secured $50 million (about Rs 435 crore at current exchange rates) from International Financ... Read More


Equirus acquires Credence Family Office as TIW Private Equity exits

New Delhi, Feb. 3 -- Financial services company Equirus Capital said Monday it has acquired Credence Family Office for about Rs 100 crore ($11.5 million) to strengthen its wealth management business. ... Read More


Prosus, Accel, Tiger Global top up bets on Captain Fresh in pre-IPO round

New Delhi, Feb. 3 -- Seafood provider Captain Fresh, which has been on an acquisition spree in a bid to expand internationally through 2024, has raised Rs 250 crore ($28.7 million) in an ongoing round... Read More


M&A, buyout activity in healthcare to remain strong, capex may recover: El Toro Finserve

New Delhi, Feb. 3 -- India's healthcare sector is likely to record buoyant activity related to mergers and acquisitions, private equity buyouts and initial public offerings in 2025 even as overall out... Read More


Budget 2025: Govt proposes another fund of funds to boost startup financing

New Delhi, Feb. 1 -- The Indian government plans to set up a new fund of funds with a corpus of Rs 10,000 crore ($1.15 billion) to invest in private equity and venture capital funds to boost the count... Read More


Budget 2025: Govt to float second fund to revive distressed housing projects

New Delhi, Feb. 1 -- The government plans to launch the successor to its alternative investment fund for distressed housing projects with a corpus of Rs 15,000 crore ($1.73 billion), Finance Minister ... Read More


MENA Digest: BioSapien, Ebana, five others nab funding cheques

New Delhi, Jan. 31 -- Funding activity in the Middle East and North Africa region this week was led by early-stage deals, with startups from the UAE, Saudi Arabia, and Egypt securing cheques from regi... Read More


Tiger Global-backed Upstox's FY24 adjusted profit jumps 8x, revenue grows 25%

New Delhi, Jan. 31 -- Wealth management platform Upstox said Friday its revenue rose almost 25% to Rs 1,311 crore in the financial year ended March 2024 and adjusted net profit increased nearly eight-... Read More