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Fairfax pulls more money from India portfolio in year's second exit move

New Delhi, July 31 -- Indian-born Canadian billionaire Prem Watsa-led Fairfax has harvested more money from an Indian company that it added to its local portfolio more than a decade ago, marking its s... Read More


Prime Pharma secures maiden external funding for product, market expansion

New Delhi, July 31 -- Mumbai-based pharmaceutical manufacturer Prime Pharmaceuticals Pvt. Ltd has raised capital from external investors for the first time, through convertible instruments, to fund it... Read More


Deals Digest: PE-VC deal count, funding hold steady, M&A activity slows

New Delhi, July 31 -- Private equity (PE) and venture capital (VC) deal activity and the total capital raised remained broadly flat in the week ended July 31, as the market continued to see an absence... Read More


Is 1 Crore Life Insurance Still Enough for a Metro Family in 2026?

New Delhi, July 31 -- A Rs.1 crore life insurance policy pays the exact amount to the beneficiary if the policyholder passes away during the tenure. It is meant to replace a person's income and keep t... Read More


Alvarez & Marsal hires former Myntra exec for turnaround practice

New Delhi, July 31 -- Professional services firm Alvarez & Marsal (A&M) India has appointed Rajan Prasanna as a managing director in its turnaround and restructuring practice. Prasanna will be based ... Read More


I Squared plans foray into India's cold chain logistics, eyes local companies

New Delhi, July 31 -- Infrastructure-focused private equity firm I Squared Capital is looking to enter the cold chain logistics sector in India and is said to be in active talks with at least two loca... Read More


Generative AI-Powered Testing: What QA Teams Need to Know

New Delhi, July 31 -- Generative AI is changing how QA teams create, maintain, and review automated tests. Instead of writing every test step manually, teams can use natural-language instructions, req... Read More


Lightrock, IFC, NIIF fund invest in Mahindra EV arm at $1.1 bn valuation

New Delhi, July 31 -- Mahindra Last Mile Mobility Ltd (MLMML), the electric three-wheeler subsidiary of Mahindra & Mahindra Ltd, has raised Rs 322 crore ($33.8 million) in a funding round led by globa... Read More


How a SEBI proposal could draw more foreign investors to AIFs

New Delhi, July 31 -- The Securities and Exchange Board of India (SEBI) has proposed changes to its online dispute resolution (ODR) mechanism that could boost foreign investors' confidence regarding i... Read More


Grapevine: Zepto, General Catalyst, Glade Brook, Groww, NDR InvIT in news

New Delhi, July 31 -- Zepto has pressed pause on its initial public offering (IPO), while warehousing platform NDR InvIT has begun planning its public listing, according to separate media reports. Al... Read More