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Peak XV-backed co-working firm Awfis elevates insider as CEO

New Delhi, May 26 -- Mumbai-listed co-working space provider Awfis Space Solutions Ltd, founded by chairman and managing director Amit Ramani, has promoted Sumit Lakhani to the position of chief execu... Read More


Tiger Global-backed Groww confidentially files for up to $1-bn IPO

New Delhi, May 26 -- Billionbrains Garage Ventures, the parent company of Groww, has confidentially filed for an initial public offering (IPO) with the Securities and Exchange Board of India (SEBI). ... Read More


Compass Capital-owned Egyptian real estate investment firm Bonyan plans IPO

New Delhi, May 23 -- Egyptian private equity firm Compass Capital-owned real estate investment platform Bonyan for Development and Trade plans to float an initial public offering and list on the Egypt... Read More


Alt Carbon, PierSight, Shuru App, others get early-stage funding

New Delhi, May 23 -- Climate tech startup Alt Carbon, space tech firm PierSight, community platform Shuru App, cross-border investing company Borderless, and non-banking financial company Dvara KGFS h... Read More


Alt Carbon, PierSight, Shuru App, Borderless get early-stage funding

New Delhi, May 23 -- Climate tech startup Alt Carbon, space tech firm PierSight, community platform Shuru App, and cross-border investing company Borderless have secured funding in separate rounds, th... Read More


MENA Digest: UAE's Tarjama, Egyptian startup Sylndr, Cairo's Thndr get funding

New Delhi, May 23 -- Startup funding activity in the Middle East and North Africa (MENA) region was led by growth-stage fundraises by key startups. These included UAE-based language solutions tech com... Read More


360 ONE Asset forays into early-stage startup investing with $60-mn VC fund

New Delhi, May 22 -- Asset management firm 360 ONE Asset, part of Mumbai-listed 360 ONE WAM Ltd that counts private equity firm Bain Capital as an investor, is foraying into early-stage investments wi... Read More


ASK Property Fund raises half the target corpus for first close of luxury housing fund

New Delhi, May 22 -- ASK Property Fund, the real estate investment arm of private equity firm Blackstone-backed ASK Group, said Thursday it has marked the first close of a new vehicle that invests in ... Read More


Data Sutram, Promethean Energy, BlackCarrot, FarMart bag funding

New Delhi, May 22 -- Software-as-a-service startup Data Sutram, dinnerware brand BlackCarrot and Promethean Energy, a maker of heat pump systems, have secured investments in separate funding rounds up... Read More


Axis AMC raises $86 mn for second private credit fund, undershoots target

New Delhi, May 22 -- Mumbai-based asset manager Axis Asset Management Company (Axis AMC) has wrapped up fundraising for its latest private credit vehicle with commitments from limited partners totalin... Read More