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L&T non-banking lending arm taps offshore investor

New Delhi, July 16 -- L&T Finance, the non-banking financial services arm of Indian conglomerate Larsen & Toubro Group, has roped in an international institutional investor for a $100 million (Rs 962 ... Read More


Blackstone unveils Asia-Pacific infrastructure platform, names India head

New Delhi, July 16 -- Private equity giant Blackstone has launched its Asia-Pacific infrastructure platform and appointed Ami Momaya as managing director and head of infrastructure for India, in a mov... Read More


Hero MotoCorp to invest $104 mn more in Ather Energy

New Delhi, July 15 -- Hero MotoCorp Ltd, India's largest two-wheeler maker and the biggest shareholder in Ather Energy, has approved an additional investment of up to Rs 1,000 crore (about $104 millio... Read More


Hero MotoCorp leads $125 mn investment in Ather Energy

New Delhi, July 15 -- Hero MotoCorp Ltd, India's largest two-wheeler maker and the biggest shareholder in Ather Energy, will invest Rs 960 crore in the Bengaluru-based electric scooter-maker as part o... Read More


Blume Ventures ropes in key domestic LP for fifth VC fund

New Delhi, July 15 -- Mumbai-headquartered early-stage venture capital (VC) firm Blume Ventures, which is currently raising capital for its fifth flagship fund, Blume Ventures India Fund V, has receiv... Read More


How DSG Consumer-backed Bombay Banta's quick-commerce pivot paid off

New Delhi, July 15 -- When life gave lemons to the husband-wife founder duo behind the beverage brand Bombay Banta, they didn't just turn them into lip-smacking lemonades, but also built a fast-growin... Read More


Verlinvest-backed Veeba Food in talks for pre-IPO round, may list by year-end

New Delhi, July 15 -- Sauces and condiments maker Veeba Food is in talks with potential investors to raise funding ahead of a planned initial public offering that it could float by the end of this yea... Read More


Agentic AI startup Emergent enters unicorn club with Series C round

New Delhi, July 15 -- Emergent, an agentic AI platform that enables founders and businesses to build full-stack, production-ready web and mobile applications, has raised $130 million (Rs 1,251 crore) ... Read More


Foreign funds named in SEBI probe into Adani holdings may amend appeal to SAT

New Delhi, July 15 -- Five foreign portfolio investors (FPIs), named in the Securities and Exchange Board of India's (SEBI) probe into holdings in Adani Group companies, may amend their appeal before ... Read More


Did Temasek beat the benchmark in its $200-mn India exit move?

New Delhi, July 15 -- Temasek, one of the two Singapore government sovereign wealth funds active in India alongside larger peer GIC, has sold close to a third of its stake in a five-year-old investmen... Read More