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Susquehanna VC, Mirae Asset, Bertelsmann co-lead Snabbit's Series D funding

New Delhi, April 28 -- Home services platform Snabbit has raised $56 million (around Rs 528.9 crore) in its Series D funding round, co-led by Susquehanna Venture Capital, Mirae Asset Venture Investmen... Read More


Alvarez & Marsal hires former Stifel executive for lifesciences investment banking

New Delhi, April 28 -- Alvarez & Marsal (A&M) India has appointed former Stifel Nicolaus India executive Nitin Lath as a managing director to lead its corporate finance practice for the life sciences ... Read More


Pine Labs to acquire Tiger Global-backed Shopflo

New Delhi, April 27 -- Fintech firm Pine Labs Ltd, which listed on domestic bourses last year, has agreed to acquire Tiger Global-backed Shopflo Technologies, a direct-to-consumer checkout platform, i... Read More


Advent-backed Cohance ropes in Cipla chief to lead "transformation"

New Delhi, April 27 -- Cohance Lifesciences Ltd, the Advent International-backed contract development and manufacturing platform, has hired former Cipla chief as the new executive chairman and Group C... Read More


Advent-backed Cohance names former Cipla chief as chairman and CEO

New Delhi, April 27 -- Cohance Lifesciences Ltd, the Advent International-backed contract development and manufacturing platform, has hired former Cipla chief as the new executive chairman and Group C... Read More


Kedaara Capital bets on Axis Finance at over $1.5-bn valuation

New Delhi, April 27 -- Private equity firm Kedaara Capital is investing Rs 750 crore ($79.6 million) in Axis Finance Ltd, in a transaction that values the non-banking finance company around Rs 14,764 ... Read More


Hospitality-tech firm RBS acquires Zeko; Aspire Impact raises funds

New Delhi, April 27 -- Hospitality-technology company Romeo Bravo Software (RBS) has bought AI-powered guest engagement platform Zeko for an undisclosed amount. The acquisition is expected to help RB... Read More


Capital A hits first close of second fund, targets manufacturing bets

New Delhi, April 27 -- Bengaluru-based Capital A, a venture capital firm led by Ankit Kedia, who was previously the promoter and director at plastic packaging solutions Manjushree Technopack Ltd, has ... Read More


Premji Invest backs Maharashtra-based hospital chain NewEra Hospitals

New Delhi, April 24 -- Premji Invest, the investment firm of billionaire Azim Premji, has invested in Maharashtra-based hospital chain, NewEra Hospitals Pvt Ltd, which is looking to scale its presence... Read More


Edelweiss group's alts unit gets SEBI nod for IPO

New Delhi, April 24 -- EAAA India Alternatives, the alternative asset management arm of the Edelweiss group, said it has received an approval from the Securities and Exchange Board of India (SEBI) for... Read More