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Cactus Partners-backed Auric in advanced talks for Series B fundraise

New Delhi, June 8 -- Zenith Drinks Pvt. Ltd, which offers Ayurveda-based wellness products under the Auric brand, is in an advanced stage of discussion for a fresh funding round as it looks to strengt... Read More


Grapevine: I Squared Capital, Curefoods, VC firm Z47 in news

New Delhi, June 8 -- Private equity firm I Squared Capital is planning an India-focused fund while cloud kitchen company Curefoods has postponed its plans to go public and a senior executive is set to... Read More


Kotak VC fund settles with SEBI over five-year delay in winding up

New Delhi, June 8 -- A venture capital fund that Kotak Mahindra Group's alternative investment arm raised nearly two decades ago has settled a case with the Securities and and Exchange Board of India ... Read More


Bottomline: PE-backed EKA Mobility doubles FY26 revenue on e-bus orders

New Delhi, June 8 -- EKA Mobility, the electric mobility arm of Pinnacle Mobility Solutions Pvt Ltd, is likely to have more than doubled its revenue in the financial year ended March 2026, driven by h... Read More


Arnya plans new real estate debt fund, set to hit maiden vehicle's final close

New Delhi, June 8 -- Arnya RealEstates Fund Advisors, an independent real estate-focussed alternative investment firm, is set to launch a new real estate debt fund in the second quarter of the current... Read More


Africa-focussed 3IF Ventures marks first close of debut fund

New Delhi, June 8 -- Venture-capital fund 3IF Ventures, which is focussed on making a social impact by backing startups in Africa's insurance sector, has marked the first close of its inaugural vehicl... Read More


Eight Roads-backed Immuneel bags Series B funding for advanced cancer care

New Delhi, June 8 -- Immuneel Therapeutics, a cell and gene therapy startup co-founded by Biocon founder Kiran Mazumdar-Shaw, secured Series B funding to scale up its manufacturing capacity for cell t... Read More


Neev Fund-backed GPS Renewables raises Series C funding

New Delhi, June 8 -- GPS Renewables Pvt Ltd, the Bengaluru-based bioenergy company that counts SBI Ventures-managed Neev Fund as an investor, has raised Rs 635 crore ($66.3 million) in Series C fundin... Read More


Samara Capital, Convergent Finance double down on FMCG firm

New Delhi, June 8 -- Homegrown private equity firms Samara Capital and Convergent Finance have increased their stakes in a fast-moving consumer goods (FMCG) and edible oils company for the second time... Read More


Bottomline: Ascend Telecom's profit slips but PE owner GIP still reaps a harvest

New Delhi, June 5 -- Ascend Telecom Infrastructure Pvt Ltd posted a drop in its revenue and profit for the year through March 2026 but its private equity owner, the BlackRock Inc.-owned Global Infrast... Read More