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VC-backed handbag brand Miraggio weighs fundraise

New Delhi, July 7 -- Handbag and fashion accessory brand Miraggio, which had raised its Series A funding last year, is evaluating another funding round, according to two people close to the developmen... Read More


Temasek scripting a double jackpot from decade-old India bet

New Delhi, July 7 -- Temasek, one of the two sovereign funds of the Singapore government that has been active in India along with its bigger peer GIC, has catalysed a double jackpot with an Indian por... Read More


Sundaram Alts hits final close of Performing Credit Opportunities Fund I

New Delhi, July 7 -- Sundaram Alternates (SA), the alternative investment arm of the Sundaram Finance Group, has hit the final close of its Performing Credit Opportunities Fund (PCOF) - Series I at Rs... Read More


Sundaram Alts hits final close of second private credit fund

New Delhi, July 7 -- Sundaram Alternates, the alternative assets and portfolio management services arm of Sundaram Finance Group, has marked the final close of its second private credit fund--Performi... Read More


Piramal Alts invests $13 mn in auto parts maker

New Delhi, July 7 -- Piramal Alternatives, the fund management arm of the Piramal group, has invested Rs 125 crore (around $13.2 million) in JRG Automotive Industries. The Gururam-headquartered JRG A... Read More


Mowito, Econovus Packaging, Hydron snag funding

New Delhi, July 7 -- Industrial AI startup Mowito, packaging company Econovus Packaging, water-tech startup Hydron, and footwear brand Fizzy Goblet secured funding in early-stage rounds on Tuesday. M... Read More


Lok Capital taps another overseas LP for fifth PE fund

New Delhi, July 7 -- India-focussed private equity firm Lok Capital, which invests in early- to growth-stage, high-impact and technology-enabled businesses, has lined up another overseas development f... Read More


Grapevine: Biorad, Neuberg, K Raheja in the news

New Delhi, July 7 -- Diagnostics chain operator Neuberg Diagnostics is gearing up for a public market listing, and medical device maker Biorad Medisys is in talks for a private round and is considerin... Read More


Amara Partners backs Karamtara Engineering in pre-IPO round

New Delhi, July 7 -- Amara Partners, a private equity firm founded by former Mahindra Partners executive Parag Shah and former Omidyar Network executive Piyush Soone, has invested Rs 75 crore ($7.87 m... Read More


Himadri-backed Sicona wins $31 mn grant for Australian battery-material plant

New Delhi, July 7 -- Sicona Battery Technologies, an Australian battery materials maker backed by India's Himadri Speciality Chemical Ltd, has secured a non-repayable grant of up to AUD 45 million (ab... Read More