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Sarvam AI joins unicorn club with $234 mn cheque from HCL Tech, others

New Delhi, June 15 -- Sarvam AI, a full-stack generative AI startup, has raised $234 million (Rs 2,210 crore) in the first close of its $300 million Series B round, led by Indian information technolog... Read More


Foodstories, IHLD MedTech, AutoVRse net funding; Redcliffe inks M&A

New Delhi, June 15 -- Digital commerce platform Foodstories, medtech platform IHLD MedTech and industrial transformation startup AutoVRse have secured funding in separate early-stage rounds. Meanwhil... Read More


More suitors join race for stake in Samara-backed Marengo Asia

New Delhi, June 15 -- Marengo Asia Healthcare Pvt Ltd, the multi-speciality hospital platform formed by private equity firm Samara Capital and two family offices, has drawn interest from more potentia... Read More


Solar energy firm Sunkind India plans NSE Emerge IPO next month

New Delhi, June 15 -- Gurugram-headquartered solar energy company Sunkind India Ltd is looking to float its initial public offering on the National Stock Exchange's SME platform, NSE Emerge, by mid-to... Read More


Amethis rolls out third MENA-focussed vehicle, taps key LP

New Delhi, June 15 -- French private equity firm Amethis, which invests in mid-sized businesses across Africa, the Middle East and Europe, has launched its third vehicle focussed on the Middle East an... Read More


PE-backed Orange Retail Finance changes course, looks to ramp up gold, MSME loans

New Delhi, June 15 -- Orange Retail Finance, which is backed by the private equity firm Granite Hill Capital Partners, is focussing on ramping up its gold, secured MSME and affordable housing loans in... Read More


Comparing Risk Profiles: Speculative Crypto Plays vs. Traditional Portfolios

New Delhi, June 15 -- You could say the way we talk about investment risk has changed in a hurry over the last ten years. It is not just about bond laddering and your stock allocation numbers anymore.... Read More


SAT overturns SEBI's pump-and-dump order for taking 13 years to reach correct address

New Delhi, June 15 -- The Securities Appellate Tribunal has overturned an order passed by the Securities and Exchange Board of India more than 15 years ago, after noting that it took the capital marke... Read More


Skyroot backer AUM Ventures rolls out new VC fund for India bets

New Delhi, June 12 -- Abu Dhabi-headquartered AUM Ventures, which makes early and pre-growth stage bets on Indian entrepreneurs, has launched its second fund. The firm is targeting a corpus of $80 mi... Read More


Grapevine: Brookfield's telecom InvIT eyes funding; EQT plans new India bet

New Delhi, June 12 -- Canadian alternative investment firm Brookfield is in advanced talks with Indian investors to close a private placement round for one of its local infrastructure investment trust... Read More