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Macquarie-SBI Infrastructure Fund moves closer to completing exit from Ashoka Buildcon unit

New Delhi, Oct. 9 -- Highway developer Ashoka Buildcon Ltd has moved one step closer to providing a full exit to Macquarie-SBI Infrastructure Fund, a private equity vehicle jointly set up by Australia... Read More


ReNew Energy to sell Rajasthan solar project to Sembcorp for $191 mn

New Delhi, Oct. 8 -- Green energy company ReNew Energy Global Plc, which is being delisted from the Nasdaq stock exchange in the US and is looking to go public in India, has agreed to sell a 300-megaw... Read More


Blackstone hires former Deutsche Bank, Citi exec to head India credit vertical

New Delhi, Oct. 8 -- Blackstone has appointed Apurva Shah as managing director to head its credit business in India, as the firm looks to capitalize on the country's growing credit market. "Building ... Read More


Meolaa, AskMyGuru secure early-stage funding

New Delhi, Oct. 8 -- Sustainability-focused consumer brand Meolaa and astrology-based tech startup AskMyGuru (AMG) have raised early-stage funding, the companies said. Meolaa Meolaa, which offers su... Read More


Climate-focused Theia Ventures marks first close of maiden fund

New Delhi, Oct. 8 -- Theia Ventures, an early-stage venture capital firm focused on climate and sustainability, has marked the first close of its maiden fund that is eyeing a corpus of $30 million (Rs... Read More


Peak XV, Elevation-backed ixigo draws an equity investor, even as shares soar

New Delhi, Oct. 8 -- Travel-tech platform ixigo, which counts marquee venture capital firms such as Peak XV Partners and Elevation Capital among its backers, has received interest from one investor ev... Read More


Peak XV, Elevation-backed ixigo draws an equity investor as shares soar

New Delhi, Oct. 8 -- Travel-tech platform ixigo, which counts marquee venture capital firms such as Peak XV Partners and Elevation Capital among its backers, has received interest from one investor ev... Read More


GEF Capital to invest $50 mn in Membrane Group

New Delhi, Oct. 8 -- Membrane Group India Pvt. Ltd, a Gurugram-based provider of industrial water and wastewater treatment systems, has secured a $50 million (around Rs 444 crore) investment commitmen... Read More


The Travel Medical Company, Contrails AI, TrusTerra bag early-stage funding

New Delhi, Oct. 7 -- Startups that address medical tourism demand and generative artificial intelligence (AI)-led concerns, The Travel Medical Company and Contrails respectively, have raised early sta... Read More


Avataar Venture Partners leads Intangles' $30 Mn Series B

New Delhi, Oct. 7 -- Intangles, which runs a predictive artificial intelligence platform that helps auto companies and fleet operators, has raised $30 million (around Rs 266 crore) in its Series B rou... Read More