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Valar Ventures-backed wealth platform Syfe raises $80 mn in Series C funding

New Delhi, June 5 -- Investment platform Syfe, which last year secured funding from existing investors, has raised $80 million (Rs 685 crore) in a Series C funding round led by two British family offi... Read More


PE-owned Sekhmet Pharma gets former Lupin, Shilpa Medicare exec as new CEO

New Delhi, June 4 -- A private equity consortium led by PAG, an Asia-focused investment firm, has announced the appointment of Santosh Kumar Mahil as managing director and CEO of Sekhmet Pharmaventure... Read More


After exiting logistics firm, Flipkart checks out of Aditya Birla Fashion

New Delhi, June 4 -- Walmart-owned ecommerce giant Flipkart sold its stake in Aditya Birla Fashion and Retail Ltd (ABFRL) on Wednesday, a day after exiting a logistics company that it backed a decade ... Read More


Jewellery startup True Diamond secures $3-mn in early-stage funding

New Delhi, June 4 -- Lab-grown diamond jewellery brand True Diamond said on Wednesday that it has secured Rs 26 crore ($3 million) in a pre-Series A funding round led by venture capital firm India Quo... Read More


Bessemer Venture Partners appoints former Cisco Investment exec as partner

New Delhi, June 4 -- Silicon Valley-based venture capital firm Bessemer Venture Partners, which closed its second India-focused fund in March, said on Wednesday that it has named a former executive at... Read More


GyanDhan, Gully Labs, ServeClub raise early-stage funding

New Delhi, June 3 -- Education financing platform GyanDhan, sneaker brand Gully Labs and pickleball gear maker ServeClub have secured funding in separate early-stage rounds, the companies said on Tues... Read More


GyanDhan, Gully Labs raise early-stage funding

New Delhi, June 3 -- Education financing platform GyanDhan and sneaker brand Gully Labs have secured funding in separate early-stage rounds, the companies said on Tuesday. GyanDhan Education financi... Read More


Cyril Amarchand Mangaldas adds new partner in capital markets practice

New Delhi, June 3 -- Full-service law firm Cyril Amarchand Mangaldas (CAM) has appointed Oishika Dasgupta as a partner in its capital markets practice. She will be based in the firm's Mumbai office. ... Read More


Amicus Capital-backed Aequs confidentially files for IPO

New Delhi, June 3 -- Aequs Ltd, an aerospace component maker that counts mid- market private equity firm Amicus Capital, Steadview Capital, and Amansa Capital as its investors, has confidentially file... Read More


Brookfield-backed Leela hotels owner Schloss skids on trading debut

New Delhi, June 2 -- Schloss Bangalore Ltd, the owner of The Leela luxury hotel chain, made a lackluster debut on stock exchanges on Monday as its shares listed at a discount of 6.6% to the initial pu... Read More