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Campus Fund ropes in returning LP for third VC fund

New Delhi, July 20 -- Mumbai-based venture capital firm Campus Fund has secured a commitment from a key domestic limited partner (LP) for its third investment vehicle that aims to raise as much as Rs ... Read More


Norwest, Skegen co-lead Series B round in Raghu Vamsi Aerospace

New Delhi, July 20 -- Hyderabad-based deep-tech precision manufacturing company Raghu Vamsi Aerospace Group (RVAG) has raised $40 million (about Rs 385 crore) in a Series B funding round led by US ven... Read More


Streptrade marks first close of second SME-focussed fund

New Delhi, July 20 -- Indian asset manager Steptrade Capital said on Monday it has raised more than Rs 100 crore ($10.4 million) in commitments for its second alternative investment fund, hitting its ... Read More


ADM Capital clocks exit from five-year-old India bet

New Delhi, July 20 -- Hong Kong-based credit investor ADM Capital has realized an investment it made in India nearly five years ago, marking another successful exit from its Asia-focussed private cred... Read More


Quick commerce player Plazza, beauty brand Lngvty bag early-stage funding

New Delhi, July 20 -- Plazza, a quick commerce platform for medicine delivery, has raised a $15 million (around Rs 145 crore) Series A funding round co-led by Accel, Elevation Capital and Nexus Ventur... Read More


Why portfolio managers must meet prudential limits for transferred AIF units

New Delhi, July 20 -- Portfolio management service providers can't treat alternative investment fund units transferred from their associate fund management companies as exempt from the prudential limi... Read More


Former Julius Baer India CEO-founded Veriqus raises funding in Norwest-led round

New Delhi, July 20 -- Veriqus Group has raised Rs 387 crore ($40 million) in a funding round led by Norwest Venture Partners and unveiled an integrated wealth and asset management platform, the compan... Read More


What could drive private capital participation in India's biotech sector?

New Delhi, July 20 -- India's pharmaceutical and life sciences sector is at an inflection point as companies increase the pace of innovation, but it suffers from a lack of adequate funding, according ... Read More


Grapevine: Manipal Hospitals, Zepto, CX Partners, Anicut Capital in news

New Delhi, July 20 -- Manipal Hospitals and quick-commerce firm Zepto are taking a cut in their valuations in their planned initial public offerings while private equity firm CX Partners is looking to... Read More


After buying PropTiger, Aurum PropTech to acquire Housing.com from REA

New Delhi, July 17 -- Aurum PropTech Ltd has agreed to acquire online real estate platform Housing.com from REA India in an all-stock deal valued at Rs 458 crore ($47.5 million), as the Mumbai-listed ... Read More