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Oben Electric, Magma raise fresh capital from family offices, state-govt arm

New Delhi, Dec. 18 -- An electric motorcycle brand and an industrials-solutions provider have raised between $3-9 million in separate rounds from various entities who include family offices and a stat... Read More


Deeptech VC firm Speciale Invest eyes 7x larger corpus for second growth fund

New Delhi, Dec. 18 -- Speciale Invest, a homegrown venture capital firm that focuses on deeptech startups, is planning to launch its second growth stage-focused investment vehicle, targeting a corpus ... Read More


ASK Alternates closes maiden private credit fund at $63 mn

New Delhi, Dec. 18 -- ASK Alternates, part of Blackstone-backed ASK Asset & Wealth Management Group, has reached the final close of its maiden private credit fund at $63 million (Rs 569 crore), includ... Read More


Aavishkaar Capital, BeeNext invest in WorkIndia's Series B round

New Delhi, Dec. 18 -- Hiring portal WorkIndia has raised Rs 97 crore ($10.8 million) in its Series B funding round led by impact investor Aavishkaar Capital, with participation from existing investor ... Read More


Peak XV, Kalaari-backed spacetech startup Digantara secures $50 mn in Series B

New Delhi, Dec. 17 -- Spacetech startup Digantara has raised $50 million (around Rs 455 crore) in its Series B round from a mix of new strategic and financial investors including homegrown asset manag... Read More


WickedGud, Decode Age, Cellarim Labs, Underneat raise funding

New Delhi, Dec. 17 -- Consumer food brand WickedGud, longevity-focused startup Decode Age, biotech firm Cellarim Labs, and shapewear brand Underneat have raised funding. WickedGud WickedGud, which p... Read More


True North's private credit arm invests $8.3 mn in Samtel Avionics

New Delhi, Dec. 17 -- True North's private credit vertical has invested Rs 75 crore (around $8.3 million) in aerospace and defence firm Samtel Avionics, according to a press note. The investment also... Read More


Japan's Mizuho to buy majority stake in Avendus from KKR

New Delhi, Dec. 17 -- Redpoint Investments, an affiliate of private-equity giant KKR, will sell its stake in financial services firm Avendus Capital, to Mizuho Securities Co, Avendus said in a press n... Read More


Japan's Mizuho to buy majority stake in India's Avendus from KKR

New Delhi, Dec. 17 -- Redpoint Investments, an affiliate of private-equity giant KKR, will sell its stake in financial services firm Avendus Capital, to Mizuho Securities Co, Avendus said in a press n... Read More


MoEngage raises $180 mn more in Series F; Eight Roads, Helion Venture exit

New Delhi, Dec. 17 -- Customer-engagement platform MoEngage, which services consumer brands, has raised an additional $180 million (around Rs 1,627 crore) as part of its Series F round only a few week... Read More