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AIF commitments comparable to equity mutual fund inflow: SEBI's Ananth Narayan

New Delhi, July 17 -- Alternative investment funds (AIFs) have seen a compound annual growth rate (CAGR) of 30% over the past five years in terms of commitments and investments, according to Ananth Na... Read More


Carlyle-backed Hexaware acquires SMC Squared to bolster GCC offerings

New Delhi, July 17 -- IT solutions provider Hexaware Technologies has acquired SMC Squared in an all-cash deal to strengthen its presence in India's rapidly growing global capability centre (GCC) mark... Read More


Early-stage startups Zeus Hygia, Deep Algorithm, Zulu Club raise funding

New Delhi, July 16 -- Nutraceutical ingredient maker Zeus Hygia, cybersecurity firm Deep Algorithm Solutions, and fashion-focused quick commerce platform Zulu Club have raised funding in separate earl... Read More


Early-stage startups Zeus Hygia, Deep Algorithm, others raise funding

New Delhi, July 16 -- Nutraceutical ingredient maker Zeus Hygia, cybersecurity firm Deep Algorithm Solutions, fashion-focused quick commerce platform Zulu Club, and luxury fashion company Culture Circ... Read More


Oberoi Realty-led group to acquire Hotel Horizon

New Delhi, July 15 -- A consortium of investors led by the Mumbai-listed Oberoi Realty Ltd is set to acquire Juhu, Mumbai-based debt-laden Hotel Horizon Pvt Ltd for Rs 919 crore ($107 million), as par... Read More


Trupeer, TheWeddingCompany, Dial4242, Aquila Clouds, CosMoss snag funding

New Delhi, July 15 -- Artificial intelligence-based video creation platform Trupeer, wedding planner startup TheWeddingCompany, ambulance services provider Dial4242, cloud management startup Aquila Cl... Read More


SEBI unveils settlement scheme for legacy VC funds that moved to AIF regime

New Delhi, July 15 -- Venture capital funds that have migrated to the Alternative Investment Funds (AIF) regime can now avert regulatory penalties for failing to wind up their investment vehicles desp... Read More


Explained: How GIFT City registration could become easier for NRIs

New Delhi, July 15 -- Non-resident Indians (NRIs) may soon find it easier to invest in alternative investment funds and register themselves with other entities such as brokerages that are regulated by... Read More


True North, Faering-backed Anthem Biosciences' IPO sails through on second day

New Delhi, July 15 -- The initial public offering of Anthem Biosciences Ltd, which counts private equity firms True North and Faering Capital as its investors, was fully subscribed on the second day o... Read More


Multiples PE inks control deal for luggage maker VIP Industries

New Delhi, July 14 -- A group of investors led by private equity firm Multiples Alternate Asset Management has struck a deal to pick up a controlling stake in luggage manufacturing company VIP Industr... Read More