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We Founder Circle CEO Neeraj Tyagi succumbs to cardiac arrest, aged 50

New Delhi, Aug. 18 -- Neeraj Tyagi, the co-founder of investment platform We Founder Circle and early-stage venture capital fund Avinya Ventures, died of cardiac arrest early in the morning on Sunday.... Read More


Silicon Valley-based VC invests $50 mn in ABFRL's digital-first portfolio TMRW

New Delhi, Aug. 14 -- Fashion and apparel behemoth Aditya Birla Fashion Retail Ltd's (ABFRL) new-age digital-first brands platform bagged its first investment from a venture capital firm, ServiceNow V... Read More


Shreetech, SecureMachines secure funding

New Delhi, Aug. 14 -- Digital infrastructure company Shreetech has secured investment from family offices, while deeptech startup SecureMachines has raised capital in a seed round. Shreetech Digital... Read More


MENA Digest: Grocery-delivery app Breadfast, proptech platform Coraly.ai raise funds

New Delhi, Aug. 14 -- At least two startups in the Middle East and North Africa region raised funding this week. Egypt's grocery delivery app Breadfast raised an eight-digit growth-stage funding from... Read More


ChrysCapital sweetens consumer portfolio with Theobroma buyout

New Delhi, Aug. 13 -- ChrysCapital has acquired approximately an 85% stake in bakery and patisserie chain Theobroma Foods Pvt Ltd, in what marks the homegrown private equity firm's first buyout in the... Read More


Avendus PE fund, SBI Life bet on Aragen Life Sciences

New Delhi, Aug. 13 -- The Avendus Future Leaders Fund, a private equity vehicle managed by Mumbai-based investment bank and asset manager Avendus Group, and SBI Life Insurance have picked up a minorit... Read More


Alvarez & Marsal appoints ex Apollo exec Arpito Mukerji as MD

New Delhi, Aug. 13 -- US-based business management consultancy firm Alvarez & Marsal has appointed former Apollo Global Management executive Arpito Mukerji as the managing director within its financia... Read More


SMFG India Credit appoints veteran banker Ravi Narayanan as CEO

New Delhi, Aug. 13 -- SMFG India Credit has appointed former Axis Bank executive Ravi Narayanan as its chief executive officer with effect from August 28. Narayanan succeeds the former MD and CEO Sha... Read More


Zepto secures investment from Motilal Oswal amid funding talks

New Delhi, Aug. 13 -- Financial services firm Motilal Oswal Financial Services Ltd (MOFSL) will invest Rs 400 crore ($45.6 million) in quick commerce startup Zepto, the firm said in an exchange filing... Read More


Speciale Invest tops target for third VC fund, to bet on deep-tech startups

New Delhi, Aug. 12 -- Speciale Invest, a Chennai-based venture capital firm that focuses on deep-tech startups, has closed its third fund after securing Rs 600 crore ($68.5 million) in commitments fro... Read More