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Honda Motor buys stake in Mitsui-backed OMC Power

New Delhi, Oct. 27 -- Gurugram-headquartered distributed energy company OMC Power, which is backed by Japanese strategic investors Chubu Electric Power, Mitsui & Co, as well as the Khattar family offi... Read More


HYDGEN, Daryaganj Hospitality, FinalLayer snag early-stage funding

New Delhi, Oct. 27 -- Green hydrogen maker HYDGEN, restaurant operator Daryaganj Hospitality, and AI infrastructure startup FinalLayer have secured capital in separate early-stage funding rounds, the ... Read More


HYDGEN, Daryaganj Hospitality, FinalLayer, others snag early-stage funding

New Delhi, Oct. 27 -- Green hydrogen maker HYDGEN, restaurant operator Daryaganj Hospitality, AI infrastructure startup FinalLayer, defence electronics firm Sanlayan Technologies, and nutrition brand ... Read More


MENA Digest: Property Finder, Qashio ink M&As; Nine startups get funding

New Delhi, Oct. 25 -- Dealmaking activity in the Middle East and North Africa region this week was propelled by proptech firm Property Finder, which invested in Mubadala-backed digital real estate inv... Read More


SEBI okays transfer of business between portfolio managers, places limits on inter-group deals

New Delhi, Oct. 24 -- The capital market regulator has allowed portfolio managers to transfer their business, or portfolios of their clients, to another entity after obtaining SEBI's approval. Portfo... Read More


Wonderland Foods, Capital XB raise funds in $15-mn plus rounds

New Delhi, Oct. 24 -- Healthy snacking brand Wonderland Foods has raised Rs 140 crore ($16 million) in its first institutional round of funding. The round was led by impact-focused venture capital fi... Read More


Blackstone to buy minority stake in Federal Bank

New Delhi, Oct. 24 -- Alternative asset manager Blackstone will acquire a 9.99% stake in Federal Bank for nearly Rs 6,196 crore (around $716 million). The investment will be made via Blackstone affil... Read More


HomeLane reports 22% growth in net sales, misses target

New Delhi, Oct. 24 -- Homevista Decor & Furnishings Pvt. Ltd, which owns the brand HomeLane and acquired its rival Design Cafe last year in a share-swap deal, reported an operating revenue of Rs 748 c... Read More


Uniphore raises $260 mn from NVIDIA, AMD, others in flat round

New Delhi, Oct. 23 -- Conversational automation platform Uniphore has raised $260 million (around Rs 2,285 crore) in Series F funding that values it at the same level as the previous round three-and-a... Read More


UnifyApps snags $50 mn from WestBridge, others; names new co-CEO

New Delhi, Oct. 23 -- Homegrown private equity firm WestBridge Capital has led enterprise AI platform UnifyApps' $50 million (around Rs 438.5 crore) Series B funding round that also saw participation ... Read More