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Equirus merges with Sapient Finserv, expands wealth management ops

New Delhi, Oct. 13 -- Mumbai-based diversified financial services entity Equirus Group has merged with Sapient Finserv Group with the aim to enhance its presence in the wealth management and family of... Read More


Equirus merges with Sapient Finserv; expands wealth management ops

New Delhi, Oct. 13 -- Mumbai-based diversified financial services entity Equirus Group has merged with Sapient Finserv Group with the aim to enhance its presence in the wealth management and family of... Read More


Prosus picks up ixigo stake in first public market bet in India

New Delhi, Oct. 10 -- Dutch technology investor Prosus, an investor in marquee Indian private companies including PayU, Rapido among others, has bought a stake in Mumbai-listed travel-tech platform ix... Read More


Lighthouse Funds, DSG co-lead $24 mn round in The Bombay Canteen operator

New Delhi, Oct. 10 -- Hunger Inc Hospitality Pvt. Ltd, the parent company behind popular restaurant brands such as The Bombay Canteen, O Pedro, Veronica's, and Bombay Sweet Shop, has raised Rs 215 cro... Read More


After decade-long legal fight, SEBI bars Citrus directors for running ponzi scheme

New Delhi, Oct. 10 -- The Securities and Exchange Board of India has barred four directors of Citrus Check Inns Ltd, a hospitality company part of the Mirah Group, from the capital markets for running... Read More


MENA Digest: Egypt's Tagaddod, Saudi's Nuxera, Qatar's EMMA Systems get funding

New Delhi, Oct. 10 -- Tagaddod, an Egyptian cleantech startup, led funding activity in the Middle East and North Africa (MENA) region, securing eight-figure growth-stage funding. Other key startups t... Read More


Authum Investment buys stake in Onida maker

New Delhi, Oct. 10 -- Mumbai-based Authum Investment & Infrastructure Ltd has raised its stake in the consumer durables company MIRC Electronics Ltd, the maker of Onida appliances, to 21.25% for about... Read More


Defence-focussed Jamwant Ventures partners with Aavishkaar Capital to float second fund

New Delhi, Oct. 9 -- Defence-focussed early-stage investor Jamwant Ventures has partnered with impact investment firm Aavishkaar Group to launch its second fund, targeting a corpus of Rs 500 crore, to... Read More


IvyCap Ventures leads Rusk Media's Series B round

New Delhi, Oct. 9 -- Entertainment firm Rusk Media, which counts Info Edge and Audacity Venture Capital among its investors, has raised Rs 103 crore ($11.6 million) in its Series B round led by homegr... Read More


Ekkaa Electronics, Pantherun Technologies, UGX.ai, others raise funding

New Delhi, Oct. 9 -- Electronics system design and manufacturing startup Ekkaa Electronics, data encryption company Pantherun Technologies, deep-tech startup UGX.ai, healthtech firm Fastest.Health, an... Read More