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Pharma products maker Vaishali Pharma marks debut acquisition

New Delhi, Feb. 19 -- Pharmaceutical formulations manufacturer Vaishali Pharma Ltd, which went public in 2017, announced its first acquisition on Wednesday. The Mumbai-based company will buy Gujarat-b... Read More


Peak XV, Elevation-backed Atlys flies into UK with Artionis acquisition

New Delhi, Feb. 19 -- Atlys, a digital visa services provider that is backed by venture capital firms Peak XV Partners and Elevation Capital, has entered the UK market with the all-cash acquisition of... Read More


Probus, Healthfab, Agrilectric bag early-stage cheques

New Delhi, Feb. 19 -- Deeptech firm Probus, menstrual hygiene brand Healthfab, and agritech firm Agrilectric have secured early-stage funding from various investors, including VCs and family offices, ... Read More


Alvarez & Marsal hires former Accenture exec to helm life sciences vertical in India

New Delhi, Feb. 18 -- Global professional services firm Alvarez & Marsal (A&M) has appointed Akash Kedia to head its healthcare and life sciences business transformation services practice in India, ad... Read More


360 ONE Asset to acquire 15% stake in Bharti AXA Life Insurance

New Delhi, Feb. 18 -- Asset management firm 360 ONE Asset has agreed to acquire a 15% stake in Bharti AXA Life Insurance. The fresh investment will help the life insurer grow its operations, enhance ... Read More


Choice Broking to acquire wealth management firm Arete Capital

New Delhi, Feb. 17 -- Choice International Ltd said Monday its full-service brokerage arm Choice Equity Broking Pvt. Ltd has agreed to acquire wealth management firm Arete Capital Services Pvt. Ltd fo... Read More


Ikonz Studios, BYTES, three others bag funding; NextLeap buys PM School

New Delhi, Feb. 17 -- Ikonz Studios, Raincheck Earth, BYTES, Lurny, and Almond Ai have secured early-stage funding from various investors, including angel investors, venture capital funds, foreign fun... Read More


PE-backed stent maker Sahajanand Medical reshuffles top deck

New Delhi, Feb. 17 -- Cardiac stent maker Sahajanand Medical Technologies Ltd, which is backed by private equity firms Morgan Stanley PE Asia and Samara Capital, is reshuffling its leadership as it pr... Read More


Lightspeed-backed Udaan raises $75 mn in internal round

New Delhi, Feb. 17 -- B2B e-commerce platform Udaan has closed its Series G equity funding round after raising $75 million (about Rs 650 crore), people aware of the development told VCCircle. The fun... Read More


MENA Digest: Tabby, AppliedAI get big cheques; Saudi firms Salla, Mush Social ink M&As

New Delhi, Feb. 14 -- Saudi Arabian startups largely dominated early-stage funding activity in the Middle East and North Africa region this week while buy-now-pay-later platform Tabby emerged as the m... Read More