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Tata Consultancy to acquire US firm Coastal Cloud for $700 mn

New Delhi, Dec. 11 -- Tata Consultancy Services Ltd has agreed to acquire US-based AI-advisory and services company Coastal Cloud Holdings LLC and its subsidiaries in an all-cash deal at an enterprise... Read More


Edelweiss Alts' infra fund taking highways InvIT public via $148-mn IPO

New Delhi, Dec. 11 -- An infrastructure fund managed by the alternative investment arm of the Mumbai-based Edelweiss Group is floating the initial public offering of an infrastructure investment trust... Read More


Fireside Ventures-backed healthtech firm Inito bags $29 mn in Series B

New Delhi, Dec. 11 -- Fireside Ventures-backed at-home diagnostics firm Inito has raised fresh capital to expand its offerings beyond fertility and build a broader at-home hormone and health diagnosti... Read More


Soleos Solar Energy, Toffee Coffee Roasters pocket early-stage cheques

New Delhi, Dec. 11 -- Engineering procurement construction (EPC) provider Soleos Solar Energy and direct-to-consumer coffee brand Toffee Coffee Roasters have raised early-stage funding. Soleos Solar ... Read More


Soleos, Toffee Coffee Roasters pocket early-stage cheques, Mamaearth enters new segment

New Delhi, Dec. 11 -- Engineering procurement construction (EPC) provider Soleos Solar Energy and direct-to-consumer coffee brand Toffee Coffee Roasters have raised early-stage funding, while Mamaeart... Read More


Vivek Oberoi's BNW Developments rolls out real estate fund

New Delhi, Dec. 11 -- BNW Developments, a Dubai-based real estate developer co-founded by actor Vivek Oberoi, has partnered with United Arab Emirates-based business-growth and investment firm Enlighte... Read More


IAN Group closes $100 mn second fund, largest to date

New Delhi, Dec. 10 -- Early-stage investment platform IAN Group (formerly Indian Angel Network) has closed its second venture capital vehicle, the IAN Alpha Fund, at $100 million (around Rs 898.5 cror... Read More


Transition VC closes maiden venture capital fund, beats target

New Delhi, Dec. 10 -- Transition VC, a homegrown early-stage venture capital firm focused on supporting startups developing energy transition solutions, has reached the final close of its debut fund a... Read More


Anupam Rasayan sets up US manufacturing presence with $150-mn deal

New Delhi, Dec. 10 -- Anupam Rasayan India Ltd, which makes agrochemicals, polymers and other speciality chemicals, has agreed to acquire US-based Jayhawk Fine Chemicals LLC for $150 million (about Rs... Read More


BlackRock's GIP to invest up to $333 mn in Grasim's green arm

New Delhi, Dec. 10 -- Global Infrastructure Partners (GIP), an infrastructure investment unit of the world's largest asset manager BlackRock, has committed to invest in Aditya Birla Renewables (AB Ren... Read More