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Walmart to pare stake in PhonePe IPO; Tiger Global, Microsoft to fully exit

New Delhi, Jan. 22 -- US retailer Walmart will trim its stake in PhonePe via the Indian digital payments company's upcoming initial public offering while Tiger Global and Microsoft will sell their ent... Read More


Elevation Capital partner steps down after 15 years

New Delhi, Jan. 22 -- Mayank Khanduja, a partner at homegrown venture capital firm Elevation Capital, has stepped down from his role after spending 15 years at the multi-stage investor. The Gurugram-... Read More


Escape Plan, Dhun Wellness, PropertyPistol, five others pocket early-stage cheques

New Delhi, Jan. 22 -- Travel products firm Escape Plan, wellness centre operator Dhun Wellness, real estate platform PropertyPistol, EV startup Chargeup, energy storage player Meine Electric, home imp... Read More


Gold-loan NBFC Indel Money taps Kotak fund for $11 mn debt

New Delhi, Jan. 22 -- Gold loan-focused Indel Money has raised Rs 100 crore (around $11 million) in debt from Kotak Credit Opportunities Fund. As part of the deal, the fund has subscribed to non-conv... Read More


Full-service law firm CAM hires partner for corporate practice

New Delhi, Jan. 22 -- Rohan Singh has rejoined Cyril Amarchand Mangaldas (CAM) as a Partner in its Corporate Practice team, the full-service law firm announced on Thursday. He will be based in the Mum... Read More


360 ONE Asset acquires stake in House of Diagnostics

New Delhi, Jan. 22 -- House of Diagnostics Healthcare Pvt Ltd, which operates a network of radiology and pathology centres under the House of Diagnostics brand, has raised investment from asset manage... Read More


Alchemy Capital rolls out new fund to back emerging themes, smallcap firms

New Delhi, Jan. 22 -- Mumbai-based asset manager Alchemy Capital has launched a new Category-III alternative investment fund that will explore opportunities in emerging and scalable sectors such as da... Read More


Dubai-based DuneVista Capital rolls out investment fund

New Delhi, Jan. 21 -- DuneVista Capital, a Dubai-based asset management firm, has launched a $1 billion global investment fund and secured capital commitments for the same. The fund plans to focus pr... Read More


360 ONE Asset raises $109 mn fund to back defence, space startups

New Delhi, Jan. 21 -- 360 ONE Asset, which manages over $10 billion (around Rs 91,700 crore) across alternative investment funds (AIFs), portfolio management services (PMS) and mutual funds (MFs), has... Read More


Exfinity rolls out fourth flagship fund, returns full capital from Fund II

New Delhi, Jan. 21 -- Early-stage venture capital firm Exfinity Ventures, which backs business-to-business (B2B) technology and deep-tech startups, has launched its fourth flagship fund and begun fund... Read More