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Sumitomo Mitsui Trust Bank backs HDFC Capital's affordable housing fund

New Delhi, Nov. 6 -- The Tokyo-headquartered Sumitomo Mitsui Trust Bank (SuMiTB) has invested in HDFC Capital Development of Real Estate Affordable and MidIncome Fund (H-DREAM Fund). H-DREAM Fund is ... Read More


ValueQuest's Tristar Fund invests in precision engineering platform TASE Global

New Delhi, Nov. 6 -- ValueQuest Investment Advisors' Tristar Fund has committed Rs 300 crore ($31.9 million) to Chennai-based Trusted Aerospace & Engineering (TASE Global), a precision engineering and... Read More


DLF, Everstone team up for stake in embattled real estate firm IREO

New Delhi, Nov. 6 -- Indian developer DLF Ltd and private equity firm Everstone are forming a joint venture to take a stake in Ireo Pvt Ltd and other group companies that have been battling allegation... Read More


AltM, Venomics AI, Peppermint Robotics raise early-stage rounds

New Delhi, Nov. 5 -- AltM, a specialty chemicals company, has a pocketed $10.3 million (around Rs 97.4 crore) Series A cheque from new investors Rainmatter by Zerodha and Mela Ventures. Existing inve... Read More


AltM, Venomics AI, Peppermint Robotics, Cosmoserve Space raise early-stage rounds

New Delhi, Nov. 5 -- AltM, a specialty chemicals company, has a pocketed $10.3 million (around Rs 97.4 crore) Series A cheque from new investors Rainmatter by Zerodha and Mela Ventures. Existing inve... Read More


Daksham Growth Ventures hits over 80% of target in first close

New Delhi, Nov. 5 -- Daksham Capital, a multi-family office and private wealth management group, has secured Rs 125 crore (around $13.2 million) in the first close of its maiden consumer-focussed fund... Read More


Certus Capital backs Jasani Realty's Mumbai luxury project

New Delhi, Nov. 5 -- Homegrown real estate-focused asset management firm Certus Capital has committed Rs 225 crore ($23.8 million) to a residential project of Jasani Realty in Mumbai. The project, lo... Read More


IFC-backed Candi raises $50 mn for solar power, battery-storage for Indian SMEs

New Delhi, Nov. 5 -- Norfund and International Finance Corporation (IFC) backed Candi Solar is raising $50 million (Rs. 472 crore) in fresh capital from Pentagreen Capital, the sustainable infrastruct... Read More


Norfund-backed Candi raises $50 mn for solar power, battery-storage for Indian SMEs

New Delhi, Nov. 5 -- Norfund-backed Candi Solar is raising $50 million (Rs. 472 crore) in fresh capital from Pentagreen Capital, the sustainable infrastructure debt platform set up by HSBC and Temasek... Read More


Tata Capital's PE arm appoints former Siguler Guff MD as partner for third fund

New Delhi, Nov. 4 -- Tata Capital Growth Fund (TCGF), the private equity arm of Tata Capital, has appointed Aviral Jain as partner for its third fund, strengthening its investment team as it moves clo... Read More