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SIDBI backs Cedar Hill Capital's AI-first fintech fund

New Delhi, Aug. 5 -- Mumbai-based early-stage venture capital firm Cedar Hill Capital has secured a commitment from the Small Industries Development Bank of India (SIDBI) for its maiden fund, adding a... Read More


River Mobility raises $120-mn Series C led by Elev8, Claypond

New Delhi, Aug. 5 -- Bengaluru-based electric two-wheeler maker River Mobility has raised $120 million (around Rs 1,141 crore) in a Series C funding round comprising equity and venture debt, as the co... Read More


EAAA Alternatives' commercial realty fund makes first Maharashtra bet

New Delhi, Aug. 5 -- EAAA Alternatives, the alternative asset management arm of Edelweiss Group, today announced the acquisition of a Pune office space through its flagship commercial real estate fund... Read More


Lighthouse Canton bets on a listed hospitality firm Emerald Leisures

New Delhi, Aug. 5 -- Lighthouse Canton, a Singapore-based wealth and asset management firm with over $5 billion in assets under management, has made an investment through its private credit fund in li... Read More


Elevation Capital's harvest from legacy investment crosses $1 bn

New Delhi, Aug. 5 -- Homegrown venture capital firm Elevation Capital, which recently closed its ninth flagship fund, raising $500 million to back early-stage AI-focussed startups in India, has furthe... Read More


Motilal Oswal PE to draw high returns even as portfolio firm takes valuation cut

New Delhi, Aug. 5 -- Motilal Oswal Alternates (MO Alts), the private equity unit of diversified financial services group Motilal Oswal Financial Services Ltd, is scripting benchmark beating returns in... Read More


InRisk Labs, Hulp, Vingo, Adiabatic Tech raise early-stage funding

New Delhi, Aug. 5 -- Risk and reinsurance platform InRisk Labs, AI concierge startup Hulp, customer-to-customer (C2C) marketplace Vingo and battery technology startup Adiabatic Technologies have raise... Read More


Grapevine: Mahanadi Coalfields, OfBusiness, Macquarie Asset Management in news

New Delhi, Aug. 5 -- Mahanadi Coalfields has appointed bankers for an initial public offering (IPO), OfBusiness may revive its IPO plans and Macquarie Asset Management looks to close a control bet in ... Read More


Orios, offshore investors plan to invest in homegrown agrifood platform

New Delhi, Aug. 5 -- Mumbai-based venture capital firm Orios Venture Partners and two overseas development finance institutions are set to invest in an Indian agritech platform, VCCircle has learnt. ... Read More


Norwest ropes in DC Advisory executive to lead corporate development, M&A

New Delhi, Aug. 4 -- Global venture capital and growth equity investment firm Norwest Venture Partners, which is currently deploying a $3-billion (Rs 28,500 crore) fund closed nearly two years ago, ha... Read More