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Mirae Asset fund, manager settle SEBI AIF norm violations over BigBasket holding

New Delhi, Sept. 16 -- Mirae Asset Late-Stage Opportunities Fund, a scheme of Mirae Asset Venture Opportunity Trust that backs late-stage companies, its investment manager and key management personnel... Read More


VerifAIX, True Artis pocket early-stage cheques

New Delhi, Sept. 16 -- AI semiconductor verification company VerifAIX and aesthetic surgery platform True Artis have raised fresh funding to expand technology, customer deployments, and operations. V... Read More


UGRO Capital taps offshore investor for debt funding

New Delhi, Sept. 16 -- MSME-focussed lender UGRO Capital has tapped an offshore investor for debt capital, it said. The company has raised Rs 380 crore (around $40 million) in debt from Dutch entrepr... Read More


RTP Global elevates senior executive to COO of Asia operations

New Delhi, Sept. 16 -- Early-stage venture capital firm RTP Global has elevated Smita Goel to chief operating officer of its Asia operations, expanding her mandate to include fund operations, global c... Read More


Novastar Partners backs AJVC in debut LP-style investment

New Delhi, Sept. 15 -- Novastar Partners, an India-focused private markets investment platform, has committed capital to early-stage venture capital fund A Junior VC (AJVC), marking its maiden limited... Read More


How offshore funds can navigate changes in India-Mauritius tax treaty

New Delhi, Sept. 15 -- The landscape for cross-border investments into India is undergoing a seismic shift. The Mauritian Cabinet's approval on July 17, 2026, to ratify the 2024 Protocol amending the ... Read More


JC Global, Firi, Zenergize raise fresh capital

New Delhi, Sept. 15 -- Plastics recycler JC Global, AI beauty commerce platform Firi, and power electronics company Zenergize have secured fresh funding to expand their recycling capacity, product off... Read More


Ontario Teachers' TVG makes follow-on investment in HR tech platform Darwinbox

New Delhi, Sept. 15 -- Teachers' Venture Growth (TVG), the late-stage venture and growth investment platform of Ontario Teachers' Pension Plan (OTPP), has made a follow-on investment in Hyderabad-head... Read More


Avendus Wealth hires former Julius Baer exec as CEO

New Delhi, Sept. 15 -- Avendus Wealth Management has appointed former Julius Baer executive Umang Papneja as its executive vice chairman and chief executive officer. In the new role, Papneja will lea... Read More


QED Investors leads Series B in AI content platform Flam

New Delhi, Sept. 15 -- Flam, an AI-native interactive content platform, has secured $40 million (Rs 383 crore) in its Series B funding round led by global venture capital firm QED Investors. Claypond... Read More