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HDFC Capital forms $175 mn platform with Eldeco Group

New Delhi, April 14 -- HDFC Capital Advisors Ltd, the real estate private equity arm of HDFC Bank, has created a Rs 1,500-crore (about $175 million) development platform with a unit of New Delhi-based... Read More


KKR appoints former CIA director and US army general as Middle East chairman

New Delhi, April 14 -- Global private equity giant KKR is deepening its presence in the Middle East as it made key appointments to lead a dedicated investment team for the Gulf operations. The New Yo... Read More


ValueQuest infuses fresh capital into solar firm Jupiter International

New Delhi, April 14 -- Mumbai-based boutique equity investor ValueQuest, which closed its maiden private equity fund in February this year, has backed IPO-bound solar cell manufacturer Jupiter Interna... Read More


Aye Finance backer ABC Impact closes second fund at over $600 mn

New Delhi, April 14 -- Singapore-based impact investment firm ABC Impact, whose Indian portfolio includes edtech unicorn Vedantu, healthcare chain DCDC Kidney Care, and IPO-bound finance company Aye F... Read More


General Atlantic-backed Ujala Cygnus to buy stake in North India hospital chain

New Delhi, April 14 -- Ujala Cygnus, a regional hospital chain operator backed by private equity firm General Atlantic, said Monday it has agreed to acquire a "significant stake" in Punjab-based Amand... Read More


Optimized Electrotech, Cura Care, SportsSkill, others secure early-stage funding

New Delhi, April 14 -- Deep-tech startup Optimized Electrotech, dental hygiene startup Cura Care, sports tech company SportsSkill, ice cream brand NOTO Ice Creams, and sports nutrition brand BeastLife... Read More


Optimized Electrotech, Cura Care, SportsSkill secure early-stage funding

New Delhi, April 14 -- Deep-tech startup Optimized Electrotech, dental hygiene startup Cura Care, and sports tech company SportsSkill have secured early-stage funding, the companies said on Monday. O... Read More


Arnya RealEstates backs Bengaluru project in second bet from maiden fund

New Delhi, April 14 -- Arnya RealEstates Fund Advisors, an investment firm led by former Motilal Oswal Alternates' executive Sharad Mittal, has invested in a residential housing project being develope... Read More


Cash-strapped Good Glamm Group sells digital media platform MissMalini

New Delhi, April 11 -- Beauty and personal care company Good Glamm Group has sold another digital media platform-this time to marketing agency Creativefuel-just over a month after offloading ScoopWhoo... Read More


MENA Digest: Bahrain's Sellou, Moroccan startup PayTic, others secure funding

New Delhi, April 11 -- Early-stage startups led the fundraising activity in the Middle East and North Africa (MENA) region this week, amid otherwise subdued investment momentum. Notable raises include... Read More