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Multiples PE bets on Prime Focus unit Brahma AI at $2 bn valuation

New Delhi, Sept. 23 -- Homegrown private equity firm Multiples Alternate Asset Management is investing $100 million (Rs 956 crore) in Brahma AI, an AI-native enterprise technology company focused on a... Read More


Kotak Alts hits final close of Yield & Growth Fund

New Delhi, Sept. 23 -- Kotak Alternate Asset Managers Ltd, the alternative asset management arm of the Kotak Mahindra Group, has hit the final close of its Kotak Yield & Growth Fund (KYGF) at Rs 5,000... Read More


TDK Ventures-backed EV motorcycle maker Ultraviolette bags funds, eyes US market

New Delhi, Sept. 23 -- Electric motorcycle maker Ultraviolette Automotive has raised $85 million (around Rs 814 crore) in a fresh funding led by deeptech-focussed venture capital firm Yali Capital and... Read More


Quadria-backed Health Care at Home names former ICICI Venture exec as new CEO

New Delhi, Sept. 23 -- Health Care At Home India Pvt Ltd (HCAH), an out-of-hospital healthcare provider for rehabilitation and recovery backed by private-equity firms such as Quadria Capital GP, Found... Read More


Quadria-backed Health Care at Home names former ICICI Ventures exec as new CEO

New Delhi, Sept. 23 -- Health Care At Home India Pvt Ltd (HCAH), an out-of-hospital healthcare provider for rehabilitation and recovery backed by private-equity firms such as Quadria Capital GP, Found... Read More


SEBI plans overhaul of merchant banking rules, ad norms for IPO-bound companies

New Delhi, Sept. 23 -- The Securities and Exchange Board of India (SEBI) is planning a comprehensive overhaul of its merchant banking regulations and Issue of Capital and Disclosure Requirements (ICDR... Read More


Companies must overhaul ops to prepare for data privacy law: VCCircle summit panellists

New Delhi, Sept. 22 -- Banks, fintech companies and other organisations can no longer treat customer information as private property but instead must operate as strict data custodians as they face a m... Read More


SEBI settles Adani violations but how does its allegations compare with Hindenburg's claims?

New Delhi, Sept. 22 -- The Securities and Exchange Board of India has settled adjudication proceedings over alleged violations of disclosure norms by four Adani companies and a former group company. ... Read More


SEBI settles Adani violations but how do its allegations compare with Hindenburg's claims?

New Delhi, Sept. 22 -- The Securities and Exchange Board of India has settled adjudication proceedings over alleged violations of disclosure norms by four Adani companies and a former group company. ... Read More


Demoverse, TimBuckDo, Definedge, Prime Industries secure capital

New Delhi, Sept. 22 -- Co-creation platform Demoverse, on-demand convenience startup TimBuckDo, fintech and brokerage firm Definedge Securities, and Mumbai-listed securities trading and real estate ma... Read More