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Centrum-backed Modulus Alts floats third private credit fund

New Delhi, Jan. 20 -- Private credit investor Modulus Alternatives has rolled out its third performing private credit fund with a target corpus of Rs 2,000 crore ($220 million), including a greenshoe ... Read More


Wonder Home Finance raises $55 mn from Growtheum Capital

New Delhi, Jan. 20 -- Wonder Home Finance, part of the RK Group, has raised $55 million (around Rs 500 crore) from Singapore-based private equity firm Growtheum Capital in its first round of external ... Read More


Mufin Green Finance snags $12 mn from European development financier

New Delhi, Jan. 20 -- Non-bank lender Mufin Green Finance Ltd, which is backed by Belgium-based impact investor Incofin, is raising up to $12 million (about Rs 109 crore) from Finnish development fina... Read More


Blackstone-backed ASK Property Fund invests $23 mn in Navi Mumbai projects

New Delhi, Jan. 19 -- ASK Property Fund, part of the Blackstone-backed ASK Asset & Wealth Management Group, has made an investment of Rs 210 crore ($23.1 million) in Gami Group's two projects in Navi ... Read More


Indian Hotels to take control of Brij Hotels in third deal within six months

New Delhi, Jan. 16 -- Indian Hotels Co Ltd (IHCL), the hospitality arm of the Tata Group, has struck a deal to acquire a controlling 51% stake in Brij Hospitality Pvt Ltd, which manages 22 properties,... Read More


Kairon Capital marks first close of maiden VC fund

New Delhi, Jan. 16 -- New Delhi-based venture capital firm Kairon Capital has completed the first close of its debut consumer-focused venture capital fund, after raising over 60% of its targeted corpu... Read More


Veteran investment banker joins Investec India in non-executive role

New Delhi, Jan. 15 -- Veteran investment banker Ravi Kapoor, who heads Ravi Kapoor's Strategic Advisory & Capital Solutions Partners Pvt. Ltd. (SACS Partners), has joined Investec Capital Services (In... Read More


Emversity, Truva, others raise early-stage funding

New Delhi, Jan. 15 -- Training platform Emversity, home resale startup Truva, data platform GrowthPal, and three other startups have raised funding in separate early-stage rounds from venture capital ... Read More


Need sharper IPO disclosures, reviewing listing norms: SEBI chief

New Delhi, Jan. 15 -- Merchant bankers need to ensure sharper disclosures, particularly in four key areas, when assessing initial public offering documents of companies, the head of India's capital ma... Read More


Vertex Ventures leads Wint Wealth's Series B funding

New Delhi, Jan. 14 -- Online bond platform Wint Wealth has raised Rs 250 crore (around $27.7 million) in its Series B funding round led by Vertex Ventures Southeast Asia and India, as the firm looks t... Read More