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Carlyle-controlled Hexaware makes second acquisition within four months

New Delhi, Nov. 7 -- IT solutions provider Hexaware Technologies, which is majority-owned by private equity major Carlyle, has agreed to buy CyberSolve, a provider of identity and access management (I... Read More


Nexus-backed AI startup Giga snags $61 mn in Series A round

New Delhi, Nov. 6 -- Giga, an artificial intelligence platform that builds support agents for business-to-consumer companies, has raised $61 million (Rs 540 crore) in the largest Series A round for an... Read More


Lighthouse Canton bags $40 mn in first external fundraise, led by Peak XV Partners

New Delhi, Nov. 6 -- Global investment firm Lighthouse Canton has secured funding of $40 million in a strategic investment round led by Peak XV Partners with participation from Nextinfinity, the compa... Read More


Sundaram Alternates appoints realty, alt credit head Karthik Athreya as MD

New Delhi, Nov. 6 -- Sundaram Alternates Assets Ltd. (SA), the alternate investment arm of Sundaram Finance Group, has elevated Karthik Athreya as managing director, the company said in a statement. ... Read More


Furniture maker Spacewood snags fresh capital from A91 Partners

New Delhi, Nov. 6 -- Growth-stage alternative investment firm A91 Partners has invested Rs 300 crore (around $33.9 million) in Spacewood Furnishers Pvt. Ltd, valuing the Nagpur-based modular furniture... Read More


Stackbox, MeshDefend, Game State Labs among 11 startups to bag early funds

New Delhi, Nov. 6 -- At least 11 startups including logistics startup Stackbox, enterprise data-security focussed MeshDefend, and enterprise-tech provider Game State Labs have secured funding in vario... Read More


Nigerian VC firm Ventures Platform marks first close of second pan-African fund

New Delhi, Nov. 6 -- Ventures Platform, an early-stage African venture capital firm that has backed more than 90 tech-enabled companies across the continent, has marked the first close of its second f... Read More


Mantra Group raises $14 mn to expand identity-check and AI-based solutions

New Delhi, Nov. 6 -- Deeptech company Mantra Group, which provides security solutions and access-control products, has raised $14 million (around Rs 124 crore) in its first institutional funding round... Read More


Blackstone-owned Horizon Industrial Parks names Urvish Rambhia as CEO

New Delhi, Nov. 6 -- Horizon Industrial Parks, a logistics platform in India owned and managed by Blackstone Real Estate funds, today announced the appointment of Urvish Rambhia as its chief executive... Read More


Morgan Stanley PE-backed Omega Hospitals buys Bengaluru oncology chain

New Delhi, Nov. 6 -- Hyderabad Institute of Oncology Pvt Ltd, the operator of oncology hospital network Omega Hospitals, has acquired a Bengaluru-based oncology centre that provides cancer treatment t... Read More