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Pension funds to channel $1.8 bn into AIF industry

New Delhi, March 11 -- The National Pension System (NPS) will set aside 1% of its Rs 1.7 lakh crore corpus for investments in alternative investment funds (AIFs), the top official of the pension funds... Read More


A91, Xponentia-backed Sedemac defies market turmoil to climb on trading debut

New Delhi, March 11 -- Sedemac Mechatronics Ltd, which counts private equity firm Xponentia Capital and venture capital firm A91 Partners among its investors, made a strong trading debut on Wednesday ... Read More


NIIF secures $750 mn for second fund to back PE/VC firms

New Delhi, March 11 -- The National Investment and Infrastructure Fund (NIIF) has secured commitments of up to $750 million (around Rs 6,900 crore) for its second private markets vehicle, the sovereig... Read More


OpenCFO, Confluxe, NPrep raise early-stage funding

New Delhi, March 11 -- AI-native financial operations platform OpenCFO, fashion startup Confluxe, and learning platform NPrep have raised early-stage funding. OpenCFO OpenCFO, an AI-native financial... Read More


OpenCFO, Confluxe, others raise early-stage funding

New Delhi, March 11 -- AI-native financial operations platform OpenCFO, fashion startup Confluxe, learning platform NPrep, and Korean street food brand Boba Bhai have raised early-stage funding. Open... Read More


Endiya Partners, Factor Analytics lead Series B in AquaExchange

New Delhi, March 10 -- Vijayawada-headquartered AquaExchange, a technology company that connects aquafarmers with the shrimp and fish ecosystem, has raised $8 million (around Rs 74 crore) in its Serie... Read More


VC-backed Mosaic Wellness set to secure fresh funding

New Delhi, March 10 -- Mosaic Wellness Pvt Ltd, the consumer health company behind brands such as Man Matters, Be Bodywise and Little Joys, is close to raising fresh capital from an asset management f... Read More


VC-backed Mosaic Wellness secures funding from asset management firm

New Delhi, March 10 -- Mosaic Wellness Pvt Ltd, the consumer health company behind brands such as Man Matters, Be Bodywise and Little Joys, has raised capital from an asset management firm. The compa... Read More


Newtrace, Aditi Toys, Verdant Impact, others get early-stage cheques

New Delhi, March 10 -- Climate tech startup Newtrace, toy manufacturer Aditi Toys, AI-driven bovine genetics startup Verdant Impact, spice brand ZOFF Foods, clean beverage retail startup Basil Health,... Read More


Kalaari Capital-backed Mozark raises $40 mn in Series B

New Delhi, March 10 -- Singapore-based digital experience testing company Mozark has raised $40 million (around Rs 368 crore) in its Series B funding round led by the International Finance Corporation... Read More