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Prosus stepping up India strategy as PayU turns profitable, says CEO

New Delhi, Nov. 25 -- Dutch investment group Prosus, which makes technology-focused investments across India, Latin America and Europe, is doubling down on its 'ecosystem' play in India, as its fintec... Read More


Shell Ventures-backed Husk Power seeks $400 mn for expansion in India, Africa

New Delhi, Nov. 25 -- Husk Power Systems Inc., a US-headquartered company that builds mini solar grids mainly in India and Nigeria, said Tuesday it has kicked off its Series E round of fundraising to ... Read More


Morphle Labs, CrisprBits, LabelBlind, others raise early-stage funding

New Delhi, Nov. 25 -- Biotech startups Morphle Labs and CrisprBits, fintech firm Riverline AI, and AI-led food labelling platform LabelBlind have raised early-stage funding. Morphle Labs Morphle Lab... Read More


KKR tops up bet in Lighthouse Learning; PSP Investments joins as new investor

New Delhi, Nov. 25 -- Preschool and K-12 education chain Lighthouse Learning Group has raised fresh capital from existing backer KKR and new investor PSP Investments to support the next phase of its e... Read More


KKR tops up bet on Lighthouse Learning; PSP Investments joins as new investor

New Delhi, Nov. 25 -- Preschool and K-12 education chain Lighthouse Learning Group has raised fresh capital from existing backer KKR and new investor PSP Investments to support the next phase of its e... Read More


CPPIB, IndoSpace to acquire six logistics parks for $336 mn

New Delhi, Nov. 25 -- Canada Pension Plan Investment Board (CPPIB) and IndoSpace are set to acquire six industrial and logistics parks valued at Rs 3,000 crore ($336 million) through a joint venture, ... Read More


Accel teams up with Google to back India's early-stage AI startups

New Delhi, Nov. 25 -- Global venture capital firm Accel has joined hands with Google's AI Futures Fund to launch the Atoms AI Cohort 2026, a platform to support pre-seed and seed-stage startups in Ind... Read More


Artha, Advenza, others invest in Agnikul Cosmos

New Delhi, Nov. 24 -- Agnikul Cosmos has raised about Rs 150 crore (around $16.8 mn) in a new funding round that places the spacetech startup's valuation at nearly $500 million (around Rs 4,460 crore)... Read More


Redrob, FinReach, others secure early-stage funding

New Delhi, Nov. 24 -- Fintech platform FinReach, AI-learning startup Redrob, and deeptech ventures Dweepi and Edgehax have raised early-stage capital across their latest funding rounds. Redrob AI-le... Read More


Ace Insurance names former Mercer exec as president after Blackstone takeover

New Delhi, Nov. 24 -- Ace Insurance Brokers, which is private equity firm Blackstone's latest acquisition in India, has appointed former Mercer executive Arvind Laddha as president. Laddha will repor... Read More