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Dubai Future District Fund makes LP-style bet on US-based VC fund

New Delhi, May 25 -- The Dubai Future District Fund (DFDF), the region's first evergreen venture capital fund-of-funds, has made a limited partner (LP)-style commitment into a Washington, DC-headquart... Read More


Dubai Entrepreneur Satish Sanpal Brings Luxury and Glamour to Netflix's Desi Bling

New Delhi, May 25 -- Satish Sanpal, Founder and Chairperson of ANAX Holding, continues to reinforce his position as one of Dubai's most influential Indian entrepreneurs, shaping the emirate's luxury r... Read More


Former Tube Investments M&A head, Goldman exec float I-banking firm

New Delhi, May 25 -- Harsh Tenneti, who previously served as the head of mergers and acquisitions at Tube Investments of India, has launched an investment banking firm. Tube Investments, part of the ... Read More


Elevation Capital pulls out $100 mn more from legacy VC bet

New Delhi, May 25 -- Domestic venture capital firm Elevation Capital, which typically makes early-stage bets but also forayed into late-stage investing with the launch of a dedicated fund last year, h... Read More


Biotech startup StrainX bags $13 mn in funding

New Delhi, May 25 -- StrainX Bioworks, a synthetic biology and precision fermentation company, has raised $13 million (about Rs 124 crore) in funding, as it emerges from stealth mode and gears up for ... Read More


Pramatra Space, GIVA, TIST snag funding; Ziptrrip, Voy strike M&As

New Delhi, May 25 -- Cybersecurity firm Pramatra Space, jewellery brand GIVA, and media startup TIST, have secured funding in various early-stage rounds. Meanwhile, Ziptrrip and UK-headquartered Voy ... Read More


How SEBI used a novel method to bust finfluencer family's pump-and-dump scam

New Delhi, May 25 -- The Securities and Exchange Board India cracked down on a finfluencer family using a novel method to determine the impact their social-media posts had on stock price movements. T... Read More


Madison logs another full exit; did it meet the PE returns benchmark?

New Delhi, May 25 -- Private equity firm Madison India Capital, which has been on the road to raise its new fund for the past couple of years and signed off from one of its showcase bets last year, ha... Read More


Siguler Guff taps key LP for India-focused private equity fund

New Delhi, May 25 -- Siguler Guff & Company, an American multi-strategy private markets investor with more than $18 billion in assets under management, is set to rope in a key limited partner for its ... Read More


Grapevine: Adani Energy, Partners Group, PayMate, Lightspeed, others in news

New Delhi, May 25 -- Adani Energy Solutions, GMR Smart Electricity Distribution, GIC-backed Genus Power Infrastructures and Swiss PE firm Partners Group have entered the final leg of the IntelliSmart ... Read More