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Road construction firm GNI Infra files draft papers for IPO

New Delhi, July 1 -- GNI Infrastructure Limited, a Maharashtra-based road construction and solid waste management company, has filed a draft red herring prospectus (DRHP) with the Securities and Excha... Read More


India SME Investments sitting on neat upside as portfolio firm gets new investor

New Delhi, July 1 -- Private equity firm India SME Investments, which focuses on backing small and medium enterprises in the country, is sitting on a neat upside from a recent investment in a manufact... Read More


Axis AMC's office assets platform with US-based Tishman Speyer hits snag

New Delhi, July 1 -- The partnership between asset management company Axis Asset Management Company Ltd and the India arm of US-based real estate firm Tishman Speyer has run into trouble, people famil... Read More


Taparia family-backed Ananta Capital inks control deal

New Delhi, July 1 -- Ananta Capital, the investment firm backed by the Taparia family, has acquired a majority stake in a personal care firm, VCCircle has learnt. The acquisition, structured as a com... Read More


Dovetail Capital, Data Science Wizards, Spense raise early-stage rounds

New Delhi, July 1 -- An asset management and serving firm, an enterprise tech player, a banking infrastructure provider and a wellness brand have raised between $2.8-10 million in separate rounds. Do... Read More


SEBI seeks to resolve AIFs' longstanding concern over investor consent mechanism

New Delhi, July 1 -- The Securities and Exchange Board of India (SEBI) has proposed a solution to a longstanding industry concern raised by alternative investment funds (AIFs) over the process of obta... Read More


Grapevine: Datacentre operator ESDS; consumer brands Swish, Nua in news

New Delhi, June 30 -- Data centre owner and operator ESDS Software Solutions is gearing up to list on the stock exchanges in the coming weeks, a media report said. Meanwhile, food delivery startup Sw... Read More


Egg brand Henfruit in talks with investors for maiden funding round

New Delhi, June 30 -- Henfruit, a farm-to-fork clean egg company, is in advanced talks to raise its maiden funding round from investors, according to four people aware of the matter. The Haryana-base... Read More


PMS firm Wealth First acquires wealth-management firm

New Delhi, June 30 -- Public listed Wealth First Portfolio Managers Limited (WFPML), an independent financial advisor and a registered portfolio management service, has acquired Mumbai-based Wealth Fi... Read More


Kotak Mahindra to buy Deutsche Bank's India retail, wealth management business

New Delhi, June 30 -- Kotak Mahindra Bank has inked an agreement with Deutsche Bank Aktiengesellschaft to acquire the latter's retail banking, private banking and wealth management business in India. ... Read More