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GEF Capital-backed Premier Energies to buy power transformer maker in $57-mn deal

New Delhi, Oct. 23 -- GEF Capital Partners-backed solar cell manufacturer Premier Energies Ltd is set to enter the power transmission sector with the acquisition of a majority stake in a Hyderabad-bas... Read More


GEF Capital-backed Premier Energies enters power-transmission with $57mn deal

New Delhi, Oct. 23 -- GEF Capital Partners-backed and NSE-listed solar-cell manufacturer Premier Energies Ltd is set to enter the power-transmission sector with the acquisition of a majority stake in ... Read More


Michezo Sports, Megaliter Varunaa lock in early-stage funding

New Delhi, Oct. 23 -- Sports-facilities provider Michezo Sports has secured $2 million (around Rs 17.6 crore) in its pre-Series A funding led by Centre Court Capital, a sports and gaming-focused ventu... Read More


ShareChat backer India Quotient closes fifth fund, its largest to date

New Delhi, Oct. 22 -- India Quotient, a Bengaluru-based early-stage venture capital firm, has made the final close of its fifth fund at $129 million (around Rs 1,132 crore), marking its largest fundra... Read More


Amicus-backed Berar Finance raises $17 mn; new investors enter captable

New Delhi, Oct. 22 -- Nagpur-headquartered non-banking lender Berar Finance has raised Rs 150 crore (around $17 million) led by Norwegian Fund Abler Nordic, along with participation from First Bridge ... Read More


AI Planet, HooLiv and DashamLabs pocket early-stage funding

New Delhi, Oct. 17 -- Deeptech firm AI Planet, co-living startup HooLiv, and a material-science company DashamLabs have raised fresh capital, according to statements by respective companies. AI Plane... Read More


MENA Digest: Morocco's Chari, Egypt's Nanovate, Tunisia's PAYDAY get funding

New Delhi, Oct. 17 -- Moroccan fintech and e-commerce startup Chari led fundraising activity in the Middle East and North Africa (MENA) region, securing an eight-figure growth-stage investment from le... Read More


Google-backed Sharechat cuts losses by 72%, expects profitability in FY27

New Delhi, Oct. 17 -- Homegrown social-media platform ShareChat, which counts marquee investors such as tech giant Google, Singapore state-owned investment firm Temasek and American investment firm Ti... Read More


NIIF's India-Japan Fund invests in EKA Mobility

New Delhi, Oct. 17 -- The India-Japan Fund (IJF), an investment vehicle managed by government-backed National Investment and Infrastructure Fund (NIIF), has invested Rs 500 crore ($56.8 million) in Pu... Read More


Zepto snags $450 mn from CalPERS, others at $7 bn valuation

New Delhi, Oct. 16 -- Quick-commerce startup Zepto said Thursday it has closed a new round worth $450 million (around Rs 3,960 crore) led by US-based pension fund California Public Employees Retiremen... Read More