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SEBI's migration scheme for legacy VC funds draws tepid response, prompts IVCA nudge

New Delhi, May 30 -- A lukewarm response from venture capital funds with active investment vehicles governed by legacy regulations to migrate to the Securities and Exchange Board of India's (SEBI) new... Read More


MENA Digest: Saudi, UAE and Qatari fintech startups lead funding activity

New Delhi, May 30 -- Fintech startups boosted fundraising activity in the Middle East and North Africa region this week. Saudi Arabian fintech infrastructure platform Stitch raised seed funding while ... Read More


Hines, Mitsubishi, Sumitomo form JV with Indian developer for office asset

New Delhi, May 30 -- US-based real estate asset manager Hines, an active investor in India's commercial and luxury residential real estate sector, has formed a joint venture with Japanese conglomerate... Read More


PAG elevates India head Srivastava as global private equity co-head

New Delhi, May 29 -- PAG, the Asia-Pacific-focused alternative investment firm, has elevated Nikhil Srivastava, partner and head of India private equity, as co-head of the firm's global PE business, e... Read More


Mapmygenome acquires Canada's Microbiome Insights

New Delhi, May 29 -- Hyderabad-headquartered genomics and personalized health platform Mapmygenome said on Thursday that it has acquired Microbiome Insights, a Canada-based microbial sequencing compan... Read More


Unbound, Cleevo, GydeXP bag early-stage funding

New Delhi, May 29 -- Artificial intelligence deployment startup Unbound, cleaning brand Cleevo, and travel platform GydeXP have secured funding in seed and pre-seed rounds from various investors, the ... Read More


Lightspeed leads Elevation, Nexus-backed Snabbit's Series B round

New Delhi, May 29 -- Quick service app Snabbit said Thursday it has secured $19 million (about Rs 162 crore) in a Series B funding round led by venture capital firm Lightspeed, with existing VC invest... Read More


Ligthspeed leads Elevation, Nexus-backed Snabbit's Series B round

New Delhi, May 29 -- Quick service app Snabbit said Thursday it has secured $19 million (about Rs 162 crore) in a Series B funding round led by venture capital firm Lightspeed, with existing VC invest... Read More


GROWiT, Orbitt Space, ILIOS 72, TOVA raise early-stage funding

New Delhi, May 28 -- Agritech startup GROWiT, spacetech company Orbitt Space, investment management firm ILIOS 72 Alternative Capital, and beverage brand TOVA have secured funding in separate early-st... Read More


TVS Capital, Paragon, others bet on Saarathi Finance in Series A round

New Delhi, May 28 -- Non-bank lender Saarathi Finance & Credit Pvt Ltd said Wednesday it has raised Rs 475 crore ($55.6 million) in a Series A round from private equity firm TVS Capital and other inve... Read More