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Elixiir Foods, DUSQ, Heliware snag early-stage funding

New Delhi, Feb. 12 -- Food and grocery platform Elixiir Foods, sleep regulation focussed company DUSQ and deep-tech startup Heliware have raised seed and bridge funds, in separate rounds. Elixiir Foo... Read More


Kotak Alts raises $430 mn in first close of private credit fund

New Delhi, Feb. 12 -- Kotak Alternative Asset Managers Ltd (Kotak Alts), the alternative asset management arm of the Kotak Group, has announced the first close of its private credit vehicle, the Kotak... Read More


Showroom B2B, ThirdAI, Articulus Surgical, Care.fi bag early-stage capital

New Delhi, Feb. 11 -- Showroom B2B, an apparel manufacturing and supply chain platform, semiconductor intelligence company ThirdAI Automation, medical device company Articulus Surgical, and healthcare... Read More


Artha India Ventures, Hornet co-founder lock horns over financial misconduct allegations

New Delhi, Feb. 11 -- Early-stage investment firm Artha India Ventures and a co-founder of Hornet Technology, a startup in which it invested a year ago, are trading allegations against each over finan... Read More


Fundamentum, SMBC Asia Rising Fund bet on fintech startup Olyv

New Delhi, Feb. 11 -- Digital lending platform Olyv has raised $23 million (about Rs 208.7 crore) in its Series B funding round led by the Fundamentum Partnership, the growth-stage fund founded by Inf... Read More


Rx Propellant appoints Ashish Singh as CEO and managing director

New Delhi, Feb. 11 -- Rx Propellant, a science and R&D infrastructure platform established by global investment firm Actis, has appointed Ashish Singh as its chief executive officer and managing direc... Read More


Toothsi parent makeO to acquire Peak XV-backed dental care firm Zenyum

New Delhi, Feb. 11 -- Dental and skincare company makeO, backed by Eight Roads Ventures and 360 ONE Asset, has struck its second acquisition in over six months by agreeing to buy a Singapore-based con... Read More


Bertelsmann acquires logistics firm LetsTransport via India platform

New Delhi, Feb. 10 -- Bertelsmann Investments has acquired a majority stake in LetsTransport, a portfolio company of its venture capital arm Bertelsmann India Investments, under the Bertelsmann Next I... Read More


Riyadh-based Safqah Capital raises $15.2 mn in seed round

New Delhi, Feb. 10 -- Safqah Capital, a Riyadh-based fintech and proptech platform, has raised $15.2 million in one of the largest pure-equity seed rounds in Saudi Arabia, the company said in a statem... Read More


Carlyle returns to India's housing finance sector with $230-mn deal for Edelweiss unit

New Delhi, Feb. 10 -- Private equity firm Carlyle is acquiring a majority stake in the mortgage lending arm of Edelweiss Financial Services Ltd, marking its return to a sector where it has previously ... Read More