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Apollo Global, ChrysCap-backed Hero Fincorp gets SEBI nod for IPO

New Delhi, May 28 -- Hero FinCorp, backed by US-based Apollo Global Management, India's ChrysCapital, and London-headquartered Apis Partners, has received approval from the Securities and Exchange Boa... Read More


PE-backed Hero FinCorp secures SEBI approval for $428-mn IPO

New Delhi, May 28 -- Hero FinCorp, backed by US-based Apollo Global Management, India's ChrysCapital, and London-headquartered Apis Partners, has received approval from the Securities and Exchange Boa... Read More


TPG NewQuest, A91 Partners bet on Citykart as Investcorp exits

New Delhi, May 27 -- TPG NewQuest, a secondaries-focused private equity firm, and growth-stage investor A91 Partners have invested in fashion retailer Citykart in a Series B round that led to the exit... Read More


Quadria Capital hits final close of third PE fund at over $1 bn, tops target

New Delhi, May 27 -- Quadria Capital, a healthcare-focused private equity firm, has made the final close of its third fund with $1.07 billion (around Rs 9,127 crore) in total commitments, significantl... Read More


VC-backed Samunnati raises another $5 mn in pre-Series E round

New Delhi, May 27 -- Agri-focused non-banking financial company Samunnati Financial Intermediation Services has raised Rs 42.5 crore ($5 million) from an existing investor as part of its pre-Series E ... Read More


Slikk, Frinks AI, others get funding; Expert DOJO launches India startup cohort

New Delhi, May 27 -- Fashion delivery platform Slikk, deeptech firms Frinks AI and Contineu, and travel brand EUME have secured early-stage funding in separate rounds from various venture capital and ... Read More


Logistics SaaS startup Fleetx gets Series C funding from IndiaMART, BEENEXT

New Delhi, May 27 -- Logistics-focused software-as-a-service (SaaS) startup Fleetx.io has secured Rs 113 crore ($13.2 million) in its Series C funding round, led by existing investors IndiaMART InterM... Read More


South Korea's CJ Logistics increases stake in Indian arm with $32-mn investment

New Delhi, May 26 -- CJ Logistics Corporation, South Korea's largest logistics company, has ramped up its play in India's logistics sector by making a capital infusion into its Indian subsidiary CJ Da... Read More


Smile Group appoints former AstraZeneca exec to lead healthtech venture builder

New Delhi, May 26 -- Smile Group, a technology investor and operator, has appointed Gagandeep Singh Bedi, former managing director at AstraZeneca Pharma India, as managing partner to lead its new heal... Read More


Smile Group appoints former AstraZeneca exec to lead healthtech venture studio

New Delhi, May 26 -- Smile Group, a technology investor and operator, has appointed Gagandeep Singh Bedi, former managing director at AstraZeneca Pharma India, as managing partner to lead its new heal... Read More