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Motilal Oswal Alts hires former Modulus exec to lead private credit strategy

New Delhi, June 18 -- Motilal Oswal Alternates, the alternative investment arm of the Motilal Oswal Group that currently invests in real estate and private equity asset classes, on Wednesday announced... Read More


Facility services firm CLR bags $15 mn from BII in Series B round

New Delhi, June 18 -- CLR Facility Services Pvt Ltd, a provider of facility management solutions, has secured investment from development finance institution British International Investment (BII) in ... Read More


Physis Capital gets LP cheques from Haldiram's, Lotus Herbals family offices

New Delhi, June 18 -- Venture capital firm Physis Capital, set up by the founders of angel investment platform Inflection Point Ventures (IPV), said Wednesday it has raised Rs 200 crore ($23.2 million... Read More


Google-backed Sharechat's CBO Gaurav Jain resigns

New Delhi, June 17 -- Gaurav Jain, the chief business officer of Google-backed short video platform Sharechat that also owns another reels platform Moj, has resigned from his role. "Today, we shared ... Read More


Steptrade Capital marks first close of new alternative investment fund

New Delhi, June 17 -- Financial services provider Steptrade Capital has made the first close of its third alternative investment fund to invest in emerging companies in the small and microcap segments... Read More


MakeMyTrip raising over $2.5 bn to buy back Chinese firm Trip.com's stake

New Delhi, June 17 -- Online travel aggregator MakeMyTrip plans to raise more than $2.5 billion through an offering of ordinary shares and convertible notes to buy back part of the stake held by Chine... Read More


Blackstone acquires Kolkata's South City shopping mall for $377 mn

New Delhi, June 17 -- Blackstone, the world's biggest alternative investment firm, has acquired the Kolkata-based South City Mall in a Rs 3,250 crore ($376.8 million) deal. Blackstone, which also spo... Read More


Quadria rolls out HealthQuad's third VC fund after split with Belgium's KOIS

New Delhi, June 17 -- Private equity firm Quadria Capital has taken control of venture capital firm HealthQuad after a split with Belgian impact investor KOIS Invest and unveiled its third healthcare-... Read More


Razorpay acquires majority stake in India Quotient-backed rewards platform POP

New Delhi, June 17 -- Fintech unicorn Razorpay has acquired a majority stake in consumer payment platform POP, which is backed by venture capital firms India Quotient and Unilever Ventures, as it seek... Read More


Carlyle hires former Schaeffler, GM exec as CEO of Indian auto components platform

New Delhi, June 16 -- Private equity firm Carlyle has hired an industry veteran with experience of working in a clutch of multinational companies to head its Indian auto components platform Highway Ro... Read More