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Electric mobility firm Drivn gets up to $80 mn commitment from Nomura

New Delhi, Feb. 3 -- Commercial electric mobility platform Drivn has secured financing commitments of up to $80 million (around Rs 723.3 crore) from Nomura to fund the initial rollout of electric buse... Read More


Advent International to invest $305 mn in Aditya Birla Housing

New Delhi, Feb. 3 -- Private equity firm Advent International will invest Rs 2,750 crore (about $305 million) in Aditya Birla Housing Finance Ltd, the mortgage lending arm of Aditya Birla Capital Ltd.... Read More


EQT-backed GeBBS Healthcare names former Hexaware exec as CEO

New Delhi, Feb. 3 -- GeBBS Healthcare Solutions, the healthcare revenue cycle management company controlled by Swedish private equity firm EQT, said Tuesday it has appointed a new chief executive afte... Read More


QIA boosts VC fund-of-funds initiative to $3 bn

New Delhi, Feb. 3 -- Qatar Investment Authority (QIA), a sovereign wealth fund with more than $580 billion in assets under management, will expand its venture capital initiative by $2 billion, Qatar's... Read More


Blackstone controlled-IGI to buy US gemstone testing firm

New Delhi, Feb. 2 -- Diamond certification firm International Gemmological Institute (India) Ltd has struck a deal to acquire US-based gemstone testing company American Gemological Laboratories (AGL) ... Read More


PremjiInvest bets nearly $33 mn on Bharat Forge subsidiary

New Delhi, Feb. 2 -- PremjiInvest, the family office of Wipro founder-chairman and billionaire Azim Premji that invests in both privately held and publicly listed companies, has agreed to pump Rs 300 ... Read More


PE-backed aerospace parts maker JJG Aero raises $30 mn

New Delhi, Feb. 2 -- Aerospace components manufacturer JJG Aero Pvt Ltd has raised $30 million (around Rs 274 crore) in Series B funding from private equity firm Norwest Venture Partners. VCCircle ha... Read More


Mumtalakat-backed BlueFive Capital closes $3 bn fund

New Delhi, Feb. 2 -- BlueFive Capital, a UAE-based global alternative investment platform managing over $4.4 billion in assets, has closed its Onyx Fund I with a corpus of $3 billion, the firm said in... Read More


Budget 2026: Govt boosts data centres, REITs; affordable housing misses out

New Delhi, Feb. 1 -- The Union Budget 2026-27 stopped short of a broad-based push for real estate but introduced targeted measures that could have a lasting impact. Chief among these was a strong poli... Read More


Budget 2026: Govt to top up SRI Fund, launch $1.09 bn SME growth vehicle

New Delhi, Feb. 1 -- Presenting the Union Budget 2026-27 on Sunday, finance Minister Nirmala Sitharaman announced a slew of measures aimed at boosting economic growth, supporting micro, small and medi... Read More