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SEBI fines Exfinity Tech Fund's manager, trustee for breaching AIF norms

New Delhi, June 26 -- The Securities and Exchange Board of India (SEBI) has penalized the investment manager and trustee of Exfinity Technology Fund for several violations of the Alternative Investmen... Read More


CPPIB-backed ReNew said to weigh selling solar manufacturing arm

New Delhi, June 26 -- ReNew Energy Global Plc, India's second-largest green energy company by installed capacity, could be looking at the possibility of selling its solar manufacturing business, multi... Read More


How iMerit's valuation grew through successive private funding rounds

New Delhi, June 26 -- The $310 million, or around Rs 2,900 crore, acquisition of artificial intelligence (AI) data solutions company iMerit by Nasdaq-listed EXL marks the culmination of more than a de... Read More


MSDF, Omidyar, Khosla Impact, BII strike multibaggers with iMerit exit

New Delhi, June 26 -- The $310 million, or around Rs 2,900 crore, acquisition of artificial intelligence (AI) data solutions company iMerit by Nasdaq-listed EXL marks the culmination of more than a de... Read More


Actis logs an exit move from Indian fintech with lukewarm returns

New Delhi, June 26 -- Actis, which acts as the infrastructure-focused private equity arm of American alternative investor General Atlantic since its acquisition in 2024, has harvested more capital fro... Read More


Deals Digest: PE-VC activity slips amid big bets, M&As rise

New Delhi, June 26 -- Private equity (PE) and venture capital (VC) transactions exceeded $1 billion for a second straight week, driven by a few headline grabbing deals, but overall activity continued ... Read More


US-based Redesign Health teams up with Sky Impact to launch dedicated India fund

New Delhi, June 26 -- US-based venture capital firm and startup studio Redesign Health plans to launch a dedicated India investment vehicle in partnership with Mumbai-based Sky Impact Capital. Founde... Read More


Alienkind, Finnovate Financial Services pocket early-stage cheques

New Delhi, June 26 -- Cafe chain Alienkind and wealth management platform Finnovate Financial Services have raised fresh funding to support expansion, strengthen technology capabilities, and launch ne... Read More


Smartworks to acquire Singapore-based coworking firm

New Delhi, June 26 -- Smartworks Coworking Spaces Ltd, a managed office platform, has proposed to acquire Workstudio Spaces Pte Ltd, a Singapore-based flexible workspace provider with an operational f... Read More


Grapevine: Emo Energy, Baaz Bikes, 3One4 Capital, Arkam Ventures in news

New Delhi, June 26 -- Venture capital investors are seeking to invest in electric vehicle infrastructure and consumer startups amid growing interest in the sector, according to two separate media repo... Read More