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Promaft Partners, V3 Ventures lead The Hosteller's Series B round

New Delhi, April 16 -- Budget hospitality chain The Hosteller Hospitality Pvt. Ltd has raised Rs 150 crore (around $16.1 million) in a Series B funding round led by Promaft Partners and V3 Ventures, w... Read More


Aliste, Intellithink, Unbound, Cohoma Coffee raise funding

New Delhi, April 16 -- Energy solutions startup Aliste, engineering firm Intellithink, personal care brand Unbound, and coffee machine maker Cohoma Coffee have secured funding in separate early-stage ... Read More


Anagram Partners hires two partners, team from CAM for corporate practice

New Delhi, April 16 -- Full-service law firm Anagram Partners has hired two partners and two senior associates from Cyril Amarchand Mangaldas (CAM) for its corporate practice, according to an announce... Read More


BII places second bet on India's smart-metering market with $80 mn cheque

New Delhi, April 16 -- British International Investment (BII), the UK's development financial institution, has doubled down on its exposure to the Indian smart metering space with Rs. 710 crore (close... Read More


ChrysCapital promotes two executives to managing director

New Delhi, April 16 -- Homegrown private equity firm ChrysCapital, which closed its tenth fund in November at a record $2.2 billion (19,500 crore then), has promoted two executives to managing directo... Read More


Mindspace REIT, 360 One buy CapitaLand's Chennai asset for $321 mn

New Delhi, April 15 -- K Raheja Corp-sponsored Mindspace Business Parks REIT and asset management firm 360 One Asset have together acquired International Tech Park Chennai (ITP Chennai), Radial Road, ... Read More


Auraska Ventures plans fund to back India's cultural economy

New Delhi, April 15 -- Auraska Ventures said it is planning to launch a Rs 500 crore ($53.6 million) category II alternative investment fund (AIF) to invest in India's cultural economy, spanning media... Read More


SEBI appoints Jan Vishwas Bill architect as whole-time member

New Delhi, April 15 -- The Securities and Exchange Board of India (SEBI) has appointed KVR Murty, who conceived and piloted the decriminalization of corporate laws, as a whole-time member. Murty previ... Read More


GobbleCube, Ivory secure early-stage funding

New Delhi, April 15 -- GobbleCube, a startup building an operating system for digital marketplaces, and brain health startup Ivory have raised early-stage funding. GobbleCube GobbleCube on Wednesday... Read More


Reliance Retail sells realty-services unit for $30 mn

New Delhi, April 15 -- Reliance Industries Ltd's step-down subsidiary Reliance Retail has sold its entire stake in Reliance Projects & Property Management Services Ltd (RPPMSL) to Jaipur Enclave Priva... Read More