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Japan's Daiwa expands India footprint with second investment in Ambit Group

New Delhi, Dec. 4 -- Japanese investment banking firm Daiwa Securities Group Inc. has invested Rs 286 crore (around $31.8 million) in Ambit Wealth Pvt. Ltd, marking its second bet on a company that's ... Read More


Japan's Daiwa expands India footprint with third investment in Ambit Group

New Delhi, Dec. 4 -- Japanese investment banking firm Daiwa Securities Group Inc. has invested Rs 286 crore (around $31.8 million) in Ambit Wealth Pvt. Ltd, marking its third bet on a company that's p... Read More


VC-backed Furlenco gets fresh capital from Sheela Foam, others

New Delhi, Dec. 3 -- Furlenco, a homegrown furniture rental brand, has secured Rs 125 crore (around $13.9 million) in a new funding round led by existing shareholder Sheela Foam Ltd, with participatio... Read More


CDPQ-backed Apraava Energy snags $92 mn for smart meter expansion

New Delhi, Dec. 3 -- Apraava Energy, the Indian joint venture of Hong Kong-based CLP Group and Canadian pension fund CDPQ, said Wednesday it has raised Rs 800.9 crore ($92 million) from the UK governm... Read More


WestBridge Capital leads $40 mn bet on AI communication platform Yoodli

New Delhi, Dec. 3 -- Homegrown private equity firm WestBridge Capital has led a $40 million (Rs 360 crore) Series B funding round in AI-powered communication platform Yoodli. Menlo Park-based early-s... Read More


Embassy Office Parks REIT to acquire Bengaluru asset from Xander

New Delhi, Dec. 3 -- Embassy Office Parks REIT, India's first listed REIT, said it has entered into definitive agreements to acquire a 0.3 million square feet office property located within Embassy Go... Read More


Ace investor Mukul Agrawal leads StockGro's Series B round

New Delhi, Dec. 2 -- Investment advisory and market learning platform StockGro said on Tuesday that it has raised Rs 150 crore ($16.7 million) in its Series B round led by ace investor Mukul Agrawal, ... Read More


Mamaearth, boAt backer Fireside closes fourth VC fund at $253 mn

New Delhi, Dec. 2 -- Venture capital firm Fireside Ventures, which makes early-stage consumer bets, has closed its fourth fund after collecting Rs 2,265 crore ($253 million) from its limited partners ... Read More


HDFC Capital comes in as LP to Brigade and Gruhas' proptech fund

New Delhi, Dec. 2 -- HDFC Capital, the real estate investment arm of HDFC Group, has come in as a limited partner (LP) in Brigade Enterprises and Gruhas' proptech fund, the company said in a statement... Read More


B2B platform Modulus raises maiden round; OG Media buys Instagram-first news platform

New Delhi, Dec. 2 -- Cloud-based modular infrastructure platform Modulus Housing has raised funding in a round led by Kalaari Capital, while media agency OG Media 360 has acquired a social media-focus... Read More