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Explained: What RDIF fund manager appointments mean for PE/VC firms, startups

New Delhi, Oct. 14 -- The Union Ministry of Science and Technology has appointed the first set of second-level fund managers who will channel capital from the Research, Development and Innovation Fund... Read More


Norwest backs Sila's property arm to deepen Mumbai Metropolitan Region presence

New Delhi, Oct. 14 -- Sila, a home-grown business services and real-estate development platform founded by brothers Rushabh and Sahil Vora, has raised Rs 300 crore (around $32 million) investment from... Read More


Nexedge Capital ropes in former Avendus Wealth CEO as co-founder

New Delhi, Oct. 14 -- Nexedge Capital, an independent wealth management and multi-family office firm, has appointed Apurva Sahijwani, a former Avendus executive, as its co-founder. Sahijwani, who bri... Read More


New norms to cause "sea change" in accredited-investor numbers: SEBI's Sandip Pradhan

New Delhi, Oct. 14 -- The Securities and Exchange Board of India's new qualifying criteria for accredited investors will exponentially increase the number of these investors for private equity, ventur... Read More


Spill Games, Circle, OXG Space, RocketPay, RevRag AI raise early-stage funding

New Delhi, Oct. 14 -- Mobile gaming studio Spill Games, spacetech startup OXG Space, pre-owned goods marketplace Circle, RocketPay and RevRag AI have raised early-stage funding from various venture ca... Read More


Spill Games, Circle, OXG Space, RocketPay, four others raise early-stage funding

New Delhi, Oct. 14 -- Mobile gaming studio Spill Games, spacetech startup OXG Space, pre-owned goods marketplace Circle, RocketPay, RevRag AI and three other startups have raised early-stage funding f... Read More


KKR-backed Lighthouse Learning adds Gurugram IB school to its portfolio

New Delhi, Oct. 13 -- Lighthouse Learning Group, the Indian preschool and K-12 education company controlled by US-based private equity firm KKR, has acquired Pathways School Gurgaon, an International ... Read More


Bajaj Alts hits first close of maiden realty fund, to invest in office assets

New Delhi, Oct. 13 -- Bajaj Alternate Investment Management Ltd, the alternative investment platform of Bajaj Finserv Ltd, has hit the first close of its maiden real estate fund at roughly Rs 950 cror... Read More


CoinSwitch Ventures rebrands as BlackLane Capital, expands beyond Web3

New Delhi, Oct. 13 -- CoinSwitch Ventures, the investment arm of crypto platform CoinSwitch, has rebranded as BlackLane Capital, an independent global early-stage investment firm, and has expanded its... Read More


Fundamentum's AI Platform F2A bags $315 mn, raises target on strong demand

New Delhi, Oct. 13 -- Infosys co-founder Nandan Nilekani anchored Fundamentum Frontier Advisors (F2A), an investment platform focused on growth-stage technology companies, has secured Rs 3,000 crore (... Read More