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Climated-focused firm 100x100 floats second VC fund for India, Southeast Asia

New Delhi, June 17 -- Singapore-based climate venture builder and investment firm 100x100 has launched its second fund with a target corpus of $100 million (around Rs 944 crore) to create and scale 50... Read More


GIC's India smart metering platform taps offshore backer for $800 mn expansion

New Delhi, June 17 -- Gemstar Infra Pte Ltd, the smart metering platform jointly owned by Singapore sovereign wealth fund GIC and Mumbai-listed Genus Power Infrastructure Ltd, has tapped an offshore i... Read More


Burman family explores divestment of diagnostics chain Oncquest

New Delhi, June 17 -- Burman family, promoters of fast-moving consumer goods (FMCG) conglomerate Dabur, is exploring the divestment of its diagnostics chain Oncquest Laboratories Ltd, people close to ... Read More


Explained: How will a recent tax ruling on IPO-bound Oyo affect other startups?

New Delhi, June 17 -- A recent ruling by the income tax appellate authority in favour of hospitality company Oyo, which is preparing to go public, could help a number of startups battling tax demands ... Read More


PE-backed OmniActive in parallel talks with two global investors for stake sale

New Delhi, June 17 -- Local nutraceuticals ingredients maker OmniActive Health Technologies is engaged in an advanced stage of discussion with two global investors over stake-sale transactions, each o... Read More


CPPIB bets $740 mn on Indian data centre operator CtrlS

New Delhi, June 17 -- Canada Pension Plan Investment Board, one of the biggest foreign institutional investors into the Indian infrastructure sector, is set to enter the country's growing data centre ... Read More


I Squared, US DFC to form $3-bn energy infrastructure platform for Indo-Pacific

New Delhi, June 17 -- Infrastructure-focused private equity firm I Squared Capital and the US International Development Finance Corporation (DFC) plan to establish a $3 billion investment platform to ... Read More


Brookfield logs another exit move from India platform as total harvest tops $1.6 bn

New Delhi, June 17 -- Canadian alternative investment firm Brookfield Asset Management has harvested more money from its India telecom tower platform, pushing its cumulative cash-out over the last thr... Read More


Atom XVII eyes $8 mn for debut consumer-focussed fund

New Delhi, June 17 -- Atom XVII, a newly launched venture capital fund focussed on consumer startups, is targeting a corpus of Rs 75 crore (nearly $8 million) and aims to make its first close by July-... Read More


Affirma-backed Prime Focus gets clean chit from SEBI in accounting case

New Delhi, June 17 -- The Securities and Exchange Board of India (SEBI) has dismissed allegations against Prime Focus Ltd, a media services company backed by private equity firm Affirma Capital, about... Read More