New Delhi, Feb. 10 -- Bertelsmann Investments has acquired a majority stake in LetsTransport, a portfolio company of its venture capital arm Bertelsmann India Investments, under the Bertelsmann Next I... Read More
New Delhi, Feb. 10 -- Safqah Capital, a Riyadh-based fintech and proptech platform, has raised $15.2 million in one of the largest pure-equity seed rounds in Saudi Arabia, the company said in a statem... Read More
New Delhi, Feb. 10 -- Private equity firm Carlyle is acquiring a majority stake in the mortgage lending arm of Edelweiss Financial Services Ltd, marking its return to a sector where it has previously ... Read More
New Delhi, Feb. 10 -- As India charges toward its $5 trillion economy milestone, the plumbing of its financial system is being quietly but radically re-engineered. Nowhere is this more evident than in... Read More
New Delhi, Feb. 10 -- The Securities and Exchange Board of India has proposed a large cut in the minimum amount an individual investor can invest in social impact funds (SIFs) that put money only in n... Read More
New Delhi, Feb. 10 -- Several consumer facing startups, including those operating in sanitary waste disposal, packaged foods, jewellery and pet care, have raised funds between $1.4 million and $3 mill... Read More
New Delhi, Feb. 10 -- Supertails, a pet care platform, has raised $30 million (Rs 271 crore) in a Series C round led by Venturi Partners, a Singapore-based investment firm backing consumer-focused sta... Read More
New Delhi, Feb. 9 -- A weight-loss platform, a preventive-care chain and wellness company are among the several startups that raised early-stage funding between $140,000 and $2 million in separate rou... Read More
New Delhi, Feb. 9 -- The Securities and Exchange Board of India (SEBI) has issued new rules for how alternative investment funds (AIFs) must report unit valuations to depositories, aimed at improving ... Read More
New Delhi, Feb. 9 -- Aditya Birla Sun Life Asset Management Company (ABSL AMC) has announced the final close of the Aditya Birla Sun Life India Special Opportunities Fund. The multi-cap equity altern... Read More