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Grapevine: Reliance Jio, Purvah Green, Inox, Hexa, Greencell, Peak XV in news

New Delhi, May 21 -- Reliance Industries Ltd has slowed preparations for the planned initial public offering of Jio Platforms while Purvah Green, Inox Clean Energy and Hexa Climate have submitted bind... Read More


Sadev Ventures ropes in Snabbit senior exec as co-founder, partner

New Delhi, May 21 -- Sadev Ventures, the early-stage venture capital firm founded by former BharatPe chief operating officer Dhruv Dhanraj Bahl, has appointed former Snabbit and CRED executive Ishan K... Read More


Adani Ports acquires Jaypee Fertilizers unit; Hexaware snaps up UK consulting firm

New Delhi, May 21 -- Adani Ports and Special Economic Zone Ltd (APSEZ) has signed a deal to acquire Jaypee Fertilizers & Industries Ltd (JFIL) as part of the broader resolution plan for bankrupt Jaipr... Read More


Lightspeed-backed Centricity in talks for fresh funding, plans NBFC foray

New Delhi, May 21 -- Centricity Wealth Tech Pvt Ltd, a wealth management company backed by venture capital firm Lightspeed India Partners and some family offices, is in active discussions with multipl... Read More


Drone maker Garuda Aerospace in talks to raise pre-IPO round

New Delhi, May 21 -- Drone technology company Garuda Aerospace Ltd, which last month filed draft papers through the confidential route for an initial public offering, is in the process of raising a pr... Read More


Hair Growth Oils That Deliver Visible Results

New Delhi, May 21 -- Most people with thinning hair have tried at least one hair oil. Some swear by coconut oil passed down from their grandmother. Others have gone through half a dozen bottles from p... Read More


Copper Chimney operator K Hospitality Corp floats $21 mn venture fund

New Delhi, May 21 -- K Hospitality Corp, which operates restaurant chains such as Copper Chimney and Wagamama, has launched a consumer retail fund called Kliff Ventures with a corpus of Rs 200 crore (... Read More


Sundaram Alternates closes fifth real estate credit fund at $259 mn

New Delhi, May 21 -- Sundaram Alternates (SA), the alternative investment arm of the Sundaram Finance Group, has hit the final close of its SA Real Estate Credit Fund V at $259 million (around Rs 2,50... Read More


Temasek-backed Cloudnine to acquire Apollo Health's maternity, fertility units

New Delhi, May 21 -- Kids Clinic India Ltd, the operator of mother and childcare hospital chain Cloudnine, has agreed to acquire the maternity, childcare and fertility business verticals of Apollo Hea... Read More


Clouted, Meta Fashion, ANSCER Robotics raise early-stage funding

New Delhi, May 21 -- Digital fashion platform Meta Fashion, industrial robotics company ANSCER Robotics, and US-headquartered startup Clouted have raised fresh early-stage funding, the companies said.... Read More