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LeapFrog leads $95 mn funding in ReNew Energy unit

New Delhi, March 17 -- Indian green energy company ReNew Energy Global Plc has raised $95 million (about Rs 878 crore) in fresh capital from marquee offshore investors for its commercial and industria... Read More


BambooBox, Velmenni, DrinkPrime, others net early-stage funding

New Delhi, March 17 -- Business-to-business (B2B) startup BambooBox, deeptech firm Velmenni, water purifier company DrinkPrime, agritech startup Canvaloop and Zoomies have secured early-stage funding ... Read More


Brookfield-controlled Leela Palaces snaps up South India luxury resort

New Delhi, March 17 -- Leela Palaces Hotels and Resorts Ltd, the luxury hospitality chain majority owned by Canadian alternative investment firm Brookfield, has acquired an ultra-luxury resort in Karn... Read More


Steadview Capital appoints Maneesh Menon as India director

New Delhi, March 17 -- Global hedge fund Steadview Capital has appointed former Eight Roads Ventures executive Maneesh Menon as director for India operations, a company spokesperson said. In his prev... Read More


How was Venture Catalysts' exit from women's hygiene brand Pee Safe?

New Delhi, March 17 -- Early-stage investment platform Venture Catalysts has fully exited Gurugram-headquartered women's hygiene brand Pee Safe, following a recent funding round led by healthcare-focu... Read More


Visa processing platform Atlys collects $36 mn in Series C

New Delhi, March 17 -- Atlys, a visa processing platform, has secured $36 million (about Rs 333 crore) in Series C funding led by Susquehanna Asia Venture Capital, the Asia-focused investment arm of g... Read More


Multiples PE settles with SEBI over winding up, liquidation norms for first fund

New Delhi, March 17 -- Multiples Alternate Asset Management Pvt Ltd and two of its top executives have settled allegations of violating various regulations related to its maiden private equity fund th... Read More


Eversource-backed Ecofy Finance snags $41 mn from BII, others

New Delhi, March 16 -- Mumbai-based non-banking finance company Ecofy Finance has raised Rs 380.5 crore (about $41.1 million) in fresh equity funding from British International Investment (BII) and Fi... Read More


Ronnie Screwvala's upGrad to buy SoftBank, Tiger Global-backed Unacademy

New Delhi, March 16 -- Edtech firm upGrad, which was co-founded by media entrepreneur Ronnie Screwvala and counts Singapore's Temasek among its investors, has signed a term sheet to acquire its peer U... Read More


Nippon Life India AIF gets $200-mn tag as DWS picking up 40% stake

New Delhi, March 16 -- German asset management company DWS Group is set to acquire a 40% stake in Nippon Life India AIF Management, a wholly-owned subsidiary of Nippon Life India Asset Management, for... Read More