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Nisus Finance invests in Paranjape Schemes' project

New Delhi, May 15 -- Mumbai-listed real estate investment firm Nisus Finance Services Co Ltd said Friday it has invested Rs 90 crore ($9.3 million) in Realnet Ventures Pvt Ltd, a wholly owned subsidia... Read More


Rapido bags fresh capital from Prosus, others at $3 bn valuation

New Delhi, May 15 -- Ride-hailing and logistics platform Rapido has secured $240 million (Rs 2,302 crore) in primary capital as part of a new funding round led by existing investor Prosus, valuing the... Read More


Mumbai-based real estate developer Crystal Group gears up for IPO

New Delhi, May 15 -- Mumbai-headquartered mid-sized real estate developer Crystal Group, led by founder and managing director Mukesh M Doshi, is preparing to file its draft red herring prospectus (DRH... Read More


Zydus Lifesciences arm to acquire US oncology firm Assertio

New Delhi, May 14 -- Zydus Lifesciences Ltd is set to acquire a US-based pharmaceutical firm, which is focussed on oncology supportive-care, to strengthen its commercial oncology footprint after outbi... Read More


Why Insurance Distribution is Emerging as a Career Opportunity in India

New Delhi, May 14 -- The insurance industry in India is moving towards a period of expansion due to increasing financial literacy, increased use of cutting-edge technology, and greater availability of... Read More


NRI Banking Fundamentals: Key RBI Rules NRIs Should Track

New Delhi, May 14 -- The rules for NRI Savings Accounts in India are far stricter than those of Resident Bank Accounts, and therefore, very much compliance based. Therefore, all NRIs holding bank acco... Read More


Kedaara's public markets fund lifts exposure to consumer portfolio firm

New Delhi, May 14 -- Homegrown private equity firm Kedaara Capital has increased its exposure to a consumer-focused company via its public markets strategy that it added a year and a half ago to run a... Read More


Alpha Alts-backed highways InvIT acquiring more road assets

New Delhi, May 14 -- Anantam Highways Trust, an infrastructure investment trust (InvIT) created by asset management firm Alpha Alternatives and road developer Dilip Buildcon Ltd, is set to substantial... Read More


Kotak Alts invests $78 mn in Lloyds Metals

New Delhi, May 14 -- Kotak Alternate Asset Managers has invested Rs 750 crore ($78.3 million) in the non-convertible debentures (NCDs) of Lloyds Metals & Energy. Lloyds Metals is a listed integrated ... Read More


VC-backed home gardening firm Ugaoo plans fundraise, appoints banker

New Delhi, May 14 -- Home gardening and houseplant company Ugaoo Agritech Pvt Ltd, backed by V3 Ventures, DSG Consumer Partners, and RPG Ventures, is looking to raise fresh capital in a Series B fundi... Read More