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Hyderabad-based Cyient to acquire AI-focussed Tao Digital

New Delhi, June 1 -- Hyderabad-based engineering research and development (ER&D) firm Cyient Ltd has signed an agreement to acquire Santa Clara, California-headquartered Tao Digital Solutions. The Mu... Read More


Vertex Ventures leads Anveshan's Series B funding round

New Delhi, June 1 -- Direct-to-consumer food and nutrition brand Anveshan has raised Rs 150 crore ($15.8 million) in a Series B funding round led by Vertex Ventures Southeast Asia & India, with partic... Read More


Damroo Raises Strategic Investment of INR 5 Crore from Hindustan Times to Scale Artist Growth Across India

New Delhi, June 1 -- Damroo, an artist-first music streaming, distribution and growth platform focused on independent and regional music, has raised a strategic investment of INR 5 Crore from Hindusta... Read More


Startup-community platform D2C Insider floats consumer-focussed VC fund

New Delhi, June 1 -- D2C Insider, which runs a community for direct-to-consumer (D2C) startup founders and leaders, has launched an early-stage venture capital fund focussed on digitally native consum... Read More


Startup-community platform D2C Insider floats a consumer-focussed VC fund

New Delhi, June 1 -- D2C Insider, which runs a community for direct-to-consumer (D2C) startup founders and leaders, has launched an early-stage venture capital fund focussed on digitally native consum... Read More


Grapevine: Peak XV rejigs Surge; Yatra founders mull stake sale

New Delhi, June 1 -- Venture capital firm Peak XV Partners is reshaping its seed-investing platform Surge while the founders of online travel platform Yatra are in talks to sell a controlling stake in... Read More


Mindspace REIT's Ramesh Nair on AI fears, growth plans and more

New Delhi, June 1 -- India's REIT market has evolved significantly over the years, with six REITs currently listed and more expected to hit the market. As the sector matures, investor awareness has in... Read More


ASK Alternates plans to raise special situations fund

New Delhi, June 1 -- ASK Alternates, part of the Blackstone-backed ASK Asset & Wealth Management Group, intends to start raising a special situations fund after floating its second private credit fund... Read More


SEBI strikes out Florintree fund, four more AIFs as cancellation tally rises to 10

New Delhi, June 1 -- The Securities and Exchange Board of India (SEBI) has cancelled the registrations of five alternative investment funds (AIFs), including one managed by former Blackstone executive... Read More


MediElaj raises early-stage funding; Scripbox strikes M&A

New Delhi, June 1 -- Healthtech startup MedPredict Pvt. Ltd has launched MediElaj, which brings together an AI-powered healthcare app and a network of smart diagnostic kiosks, and has raised $100,000 ... Read More