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Fasanara Capital appoints former Shuaa Capital CEO to lead MENA expansion

New Delhi, May 6 -- Fasanara Capital, a global technology-driven investment management firm that manages assets worth $4.5 billion, has appointed a former top executive from Shuaa Capital to lead its ... Read More


BII invests $100 mn in ReNew Energy's solar manufacturing unit

New Delhi, May 6 -- British International Investment (BII) has made its first investment in the Indian solar manufacturing segment with a $100-million (Rs 870 crore) bet on green energy company ReNew ... Read More


Cold chain marketplace Celcius Logistics closes Series B funding round

New Delhi, May 6 -- Celcius Logistics, a domestic aggregator offering end-to-end cold-chain solutions, has raised Rs 250 crore ($29.7 million) in funding comprising a mix of equity and debt, a top exe... Read More


Kedaara-backed Veritas Finance receives SEBI approval for IPO

New Delhi, May 6 -- Veritas Finance, backed by private equity firm Kedaara Capital and venture capital firm Norwest Venture Partners, has received approval from the Securities and Exchange Board of In... Read More


Marriott makes first direct investment in India, picks stake in Fern Hotels operator

New Delhi, May 6 -- Global hospitality giant Marriott International Inc has made its first direct investment in India as it picked up a stake in hotels operator Concept Hospitality Pvt Ltd. Marriott ... Read More


KPIT Tech to acquire Caresoft Global's engineering solutions unit for $191 mn

New Delhi, May 6 -- Automotive and mobility-focused tech company KPIT Technologies Ltd said Tuesday it has inked a deal to acquire the engineering solutions division of US-based Caresoft Global for up... Read More


Nawgati, Troovy, KorinMi snag early-stage funding

New Delhi, May 6 -- Fuel-tech platform Nawgati, children's snacks brand Troovy, and skincare clinic KorinMi have secured funding in separate rounds from a mix of angel investors, family offices, ventu... Read More


Blackstone-backed ASK appoints former Jio-BlackRock exec to lead equity strategy

New Delhi, May 6 -- ASK Investment Managers, an asset and wealth management firm backed by Blackstone, has appointed George Heber Joseph as chief investment officer and CEO of equity. The appointment ... Read More


SEBI orders winding up of Cinema Capital Venture Fund, bans key execs for three years

New Delhi, May 5 -- The Securities and Exchange Board of India (SEBI) has ordered the winding up of a homegrown venture capital fund focusing on the film and entertainment sector within three months a... Read More


QED plans $300 mn investment in Asia-Pacific, expand focus to mid-stage rounds

New Delhi, May 5 -- Fintech-focused global investment firm QED Investors, which started investing in Asia in 2020, expects to deploy nearly $250-300 million in the region over the next five years, a t... Read More