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EV energy startup Exponent raises $21 mn in fresh funding

New Delhi, June 10 -- Exponent Energy, a Bengaluru-based electric vehicle energy startup, has raised Rs 200 crore ($21.1 million) in a funding round co-led by 360 ONE Asset and TDK Ventures as it look... Read More


Edelweiss ARC appoints former SBI Caps exec as MD

New Delhi, June 10 -- Edelweiss Asset Reconstruction Company has appointed veteran banker Arun Mehta as its managing director and chief executive officer. Mehta takes over from interim managing direc... Read More


Bullish on India but AI disruption, energy costs near-term risks: KKR's Henry McVey

New Delhi, June 10 -- Artificial intelligence-driven disruption and higher energy costs are emerging as the biggest near-term challenges for India even as the country's long-term investment case remai... Read More


Somerset Indus Capital names new partner to beef up top deck

New Delhi, June 10 -- Healthcare-focused private equity firm Somerset Indus Capital Partners has elevated a senior executive to partner after recruiting him from a mid-market private equity firm. Vai... Read More


Hypernorm AI, Hoola Health raise early-stage funding

New Delhi, June 10 -- Hypernorm AI, a platform to help wealth advisors in their decision making, has secured a $2.2 million (around Rs 21 crore) in a seed funding round co-led by venture capital fund ... Read More


ASK Property Fund launches fourth debt fund with $368 mn target

New Delhi, June 10 -- ASK Property Fund, part of the Blackstone-backed ASK Asset & Wealth Management group, has launched its fourth debt fund named the ASK Real Estate Special Situations Fund IV (ASK ... Read More


First Bridge-backed drone maker Zuppa looks for fresh capital

New Delhi, June 10 -- Indigenous drone maker Zuppa is in talks with several investors to raise a fresh round as it looks to broaden its interceptor drone segment, a top official said. The Chennai-bas... Read More


Electrical equipment maker Quality Power to acquire insulator manufacturer

New Delhi, June 10 -- Sangli-based high-voltage equipment maker Quality Power Electrical Equipments Ltd has agreed to acquire Winwin Speciality Insulators Ltd (WSIL) at an enterprise value of about Rs... Read More


IvyCap's first fund logs out of decade-old bet with multibagger returns

New Delhi, June 10 -- Homegrown venture capital firm IvyCap Ventures has logged out of a portfolio company that it first backed almost 11 years ago from its first fund before reinvesting through its s... Read More


Nisus Finance floats $262 mn realty fund; first close soon

New Delhi, June 9 -- Nisus Finance Services, which operates alternative investment funds backing real-estate credit and special situations opportunities, has launched its fourth India-focussed fund to... Read More