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EV startup Ultraviolette collects $21 mn from TDK Ventures, Zoho, others

New Delhi, Aug. 12 -- Electric motorcycles maker Ultraviolette said on Tuesday it has raised $21 million (Rs 184 crore) in a funding round from Japanese venture capital firm TDK Ventures, existing bac... Read More


Kimirica, Dashverse, Elivaas, six other startups get funding

New Delhi, Aug. 12 -- At least nine Indian startups announced raising funding in early and growth rounds on Tuesday, led by luxury beauty firm Kimirica, entertainment startup Dashverse, and vacation r... Read More


Rainbow Children's Hospital, Indian Hotels, Adani unit strike M&As

New Delhi, Aug. 12 -- Rainbow Children's Hospital, Adani Defence, and Indian Hotels Company have announced strategic merger and acquisition deals. Rainbow Children's Medicare-Pratiksha Hospital Rainb... Read More


Rainbow Children's Hospital, Indian Hotels, Adani unit, others strike M&As

New Delhi, Aug. 12 -- Rainbow Children's Hospital, Adani Defence, Indian Hotels Company, Botree Software, and Accord Plasma BV have announced strategic merger and acquisition deals. Rainbow Children'... Read More


Lavni Ventures rolls out new VC fund to back deep-tech startups

New Delhi, Aug. 11 -- Lavni Ventures, an early-stage technology-focused impact investor, has launched its second fund with a corpus of Rs 200 crore ($22.8 million) to invest in deep-tech startups in c... Read More


Brookfield elevates India exec Joshi as PE head for Asia-Pacific region

New Delhi, Aug. 11 -- Canadian alternative investment firm Brookfield Asset Management Inc has named Aditya Joshi as managing partner and head of private equity for the Asia-Pacific region. Joshi, wh... Read More


Accel, Peak XV Lead Truemeds' $85 Mn Series C Round

New Delhi, Aug. 11 -- Truemeds, an online pharmacy and telehealth platform for chronic care, has raised $85 million (around Rs 748 crore) in its Series C financing. The funding was completed in two cl... Read More


Graas.ai, Neuralzome, Eyestem bag funding

New Delhi, Aug. 11 -- Automation startup for e-commerce Graas.ai and robotic services company Neuralzome have raised early-stage funding in separate rounds, the companies said. Meanwhile, the retinal ... Read More


MENA Digest: UAE's Alaan, Saudi startup Salasa, Egypt's Wuilt secure funding

New Delhi, Aug. 8 -- Fundraising activity in the Middle East and North Africa (MENA) region was driven by two big-ticket, late-stage deals this week. Saudi Arabia-based e-commerce fulfillment platform... Read More


Italian major Guala Closures' Indian arm buys unit from Oricon Enterprises

New Delhi, Aug. 8 -- Guala Closures India Private Limited, the Indian arm of Italian metal closure company Guala Closures, has acquired one of the manufacturing units of Oricon Enterprises. Guala Clo... Read More