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Unnati co-founder Ashok Prasad dies of cardiac arrest

New Delhi, May 14 -- Ashok Prasad, co-founder of agri-services firm Unnati, died on Monday following a cardiac arrest. He was 51. "It is with deep sorrow that Unnati Agri informs of the passing of it... Read More


Lighthouse Canton launches $125 mn private credit fund for India opportunities

New Delhi, May 14 -- Singapore-headquartered wealth and asset management firm Lighthouse Canton has launched a private credit fund targeting a corpus of Rs 1,200 crore ($125.3 million), including a gr... Read More


Aditi Toys sets sight on new funding round as revenue jumps

New Delhi, May 13 -- Aditi Toys Pvt Ltd, a toymaker that recently secured funding from the Ahmedabad-based venture capital firm GVFL, intends to raise more money from investors to expand its business,... Read More


D2C Insider set to roll out new early-stage VC fund

New Delhi, May 13 -- D2C Insider, a community of founders building and investing in direct-to-consumer businesses in India, is set to launch a new early-stage venture capital fund, people familiar wit... Read More


Tractafric to acquire remaining stake in Congo unit

New Delhi, May 13 -- Tractafric Equipment International GBL, an industrial equipment and automotive distribution company that is part of a firm backed by Al Mada, the Moroccan royal family's investmen... Read More


Peak XV Partners bets on another AI startup to expand US portfolio

New Delhi, May 13 -- Venture capital firm Peak XV Partners, which primarily invests in India and Southeast Asia, has expanded its US portfolio with participation in a Series B funding round in AI-nati... Read More


EQT, Norwest Venture Partners in fray for multispecialty hospital firm

New Delhi, May 13 -- Swedish private equity firm EQT and multi-stage investment firm Norwest Venture Partners have entered the race to invest in a hospital operator, as controlling shareholders look t... Read More


Dhan parent Raise Financial, Vaidam Health ink M&A deals

New Delhi, May 13 -- Raise Financial Services said Wednesday it has acquired insurance broker GreenLife Insurance Broking Pvt Ltd (GIBL) and plans to invest in the company to build a direct consumer i... Read More


Peak XV, two other VCs score blockbuster returns in $556 mn exit move from fintech bet

New Delhi, May 13 -- Domestic venture capital firm Peak XV Partners, which had a strong 2025 marked by multiple exits including listings of portfolio companies such as Meesho, Pine Labs and Wakefit, h... Read More


IvyCap Ventures in talks to back consumer durables startup

New Delhi, May 13 -- Homegrown venture capital firm IvyCap Ventures, which has backed companies such as Purplle, BlueStone, and HyugaLife, is in advanced talks to invest in a consumer appliances firm,... Read More