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Hero MotoCorp tops up bet on Euler Motor in Series E round

New Delhi, Feb. 6 -- Hero MotoCorp Ltd., promoted by the Munjal family-controlled diversified Hero Group, is investing up to Rs 275 crore ($30.3 millon) in electric vehicle maker Euler Motors, deepeni... Read More


SEBI proposes easier exit, winding-up norms for AIFs

New Delhi, Feb. 6 -- The Securities and Exchange Board of India (SEBI) has proposed easing winding-up norms for alternative investment funds (AIFs), including allowing them to retain money to meet lit... Read More


ZILO, Material Depot, Dr Doodley, others bag early-stage funding

New Delhi, Feb. 5 -- Quick commerce startup ZILO, home interiors platform Material Depot, pet healthcare firm Dr Doodley, and two other companies have raised funding in early-stage rounds from venture... Read More


Ranjan Pai-backed 108 BioCapital makes debut investment in Pinwheel Therapeutics

New Delhi, Feb. 5 -- 108 BioCapital, a US-based healthcare-focused growth fund, has made its maiden investment by backing Pinwheel Therapeutics, a biopharma startup conducting mid-stage clinical trial... Read More


Sofina, Sauce.vc co-lead The Whole Truth's $51 mn Series D

New Delhi, Feb. 4 -- Healthy food and snacking brand The Whole Truth has raised about $51 million (around Rs 461.5 crore) in primary and secondary capital in its Series D funding round led by Belgium ... Read More


WestBridge leads Series B funding in climate-tech startup Varaha

New Delhi, Feb. 4 -- Varaha ClimateAg Pvt Ltd, a developer of high-integrity carbon removal projects, has raised about $45 million (around Rs 407.2 crore) in a Series B funding round and closed the fi... Read More


TREVOC Group, Canonicus Capital create real estate platform for last-mile funding

New Delhi, Feb. 4 -- Real estate developer TREVOC Group and Canonicus Capital have set up a Rs 500 crore ($55 million) platform that will focus on last-mile funding and execution of near-completion pr... Read More


Unicorn India Ventures marks final close of third fund

New Delhi, Feb. 4 -- Unicorn India Ventures, an early-stage venture capital firm which has backed companies such as retail startup Daalchini, neo-banking firm Open and robotics startup Genrobotics, ha... Read More


Fibr AI, 1.5 Degree, EyeROV get early-stage funding

New Delhi, Feb. 4 -- Marketing AI platform Fibr AI, dairy startup 1.5 Degree, and marine robotics startup EyeROV have secured funding in separate early-stage rounds from venture capital firms, angel i... Read More


SEBI proposes sweeping relaxations to 'fit and proper' norms for AIFs, other intermediaries

New Delhi, Feb. 4 -- A pending criminal complaint or charges filed by an enforcement agency should not cause an intermediary, such as alternative investment funds (AIFs) or merchant bankers or stock b... Read More