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Mukul Agrawal-backed StockGro raises additional $13 mn

New Delhi, Dec. 19 -- StockGro, an investment advisory and market learning platform, has raised $13 million (around Rs 117 crore) from San Francisco-based Bitkraft Ventures as part of its Series B1 ro... Read More


Norwest-backed Gabit buys Swedish firm; German conglomerate invests in HMI Learning

New Delhi, Dec. 19 -- Health tech start-up Gabit, which is backed by investment firms Norwest Venture Partners and Ventura Capital, has acquired Swedish clean nutrition brand Nack. Gurugram-based Gab... Read More


Piramal Finance to exit Shriram Life, pocket $67 mn from stake sale

New Delhi, Dec. 19 -- Piramal Finance will sell its 14.7% stake in Shriram Life Insurance to Sanlam Emerging Markets (Mauritius) for Rs 600 crore ($67 million). The transaction is expected to close i... Read More


Japan's MUFG Bank to buy 20% stake in Shriram Finance in largest foreign NBFC bet

New Delhi, Dec. 19 -- Japan's MUFG Bank will acquire a 20% stake in Shriram Finance for Rs 39,618 crore ($4.4 billion), marking the largest foreign investment in India's financial services segment. S... Read More


Virohan, Alimento Agro Foods raise fresh funds

New Delhi, Dec. 19 -- Healthcare-focused edtech startup Virohan and instant food maker Alimento Agro Foods have raised fresh capital in separate funding rounds. . Virohan Virohan has secured Rs 65 c... Read More


Krafton to set up $665 mn India-focused fund with Naver, Mirae Asset

New Delhi, Dec. 19 -- South Korea-based gaming major Krafton is setting up an India-focused investment fund of up to Rs 6,000 crore ($665.3 million) in partnership with South Korea's leading internet ... Read More


Over half of finfluencer Avadhut Sathe academy's monthly expenses go to ads, seminar

New Delhi, Dec. 19 -- Nearly 60% of the monthly expenses of finfluencer Avadhut Sathe's trading academy, currently under regulatory scrutiny, go towards advertising and seminars, according to a submis... Read More


Temasek-backed Haldiram's bags a cheque from PE firm L Catterton

New Delhi, Dec. 18 -- Snacks maker Haldiram's, which in March raised funding from Singapore state-owned investment firm Temasek, has roped in global consumer-focussed private equity firm L Catterton a... Read More


L Catterton picks up minority stake in leading snacks maker Haldiram's

New Delhi, Dec. 18 -- The global consumer-focussed private equity fund, L Catterton, which has recently hit the first close of its India dedicated fund, has made an undisclosed investment in the count... Read More


Oben Electric, Magma, CuePilot raise fresh capital from family offices, state-govt arm, others

New Delhi, Dec. 18 -- An electric motorcycle brand, an industrials-solutions provider and an AI-native platform that caters to schools and pre-schools have raised between $1.8-9 million in separate ro... Read More