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Vertex Ventures leads Wint Wealth's Series B funding

New Delhi, Jan. 14 -- Online bond platform Wint Wealth has raised Rs 250 crore (around $27.7 million) in its Series B funding round led by Vertex Ventures Southeast Asia and India, as the firm looks t... Read More


AI-powered Islamic digital bank Mal bags $230 mn in seed funding

New Delhi, Jan. 14 -- Serial entrepreneur Abdallah Abu-Sheikh's latest venture Mal, an artificial intelligence-powered Islamic digital bank, has raised $230 million in what is being billed as the larg... Read More


The Wealth Company, 360 One, others hire new hands; Jungle Ventures elevates execs

New Delhi, Jan. 14 -- The Wealth Company, part of the Pantomath Group, has appointed Balram Bhagat as managing partner of products and pension, strengthening its leadership as it expands its investmen... Read More


State Street to pick up 23% stake in Groww's mutual fund arm

New Delhi, Jan. 14 -- Billionbrains Garage Ventures Ltd., the parent company of online discount stock broker Groww, has signed definitive agreements to bring in US-based investment firm State Street I... Read More


Piramal Finance raises $350 mn from IFC, ADB in first DFI deal

New Delhi, Jan. 14 -- Piramal Finance has raised $350 million (Rs 3,156 crore) in debt capital from the International Finance Corporation (IFC) and the Asian Development Bank (ADB), marking its first ... Read More


Pee Safe raises funding from OrbiMed to scale retail, quick-commerce push

New Delhi, Jan. 14 -- Hygiene and wellness brand Pee Safe has secured capital in a growth funding round from healthcare-focused private equity firm OrbiMed, as it looks to expand its retail and quick-... Read More


Uday Kotak's family office acquires US snacking firm Go Raw

New Delhi, Jan. 13 -- USK Capital, the family office of Kotak Mahindra Bank founder Uday Kotak, has acquired a majority stake in Illinois, US-based clean-label snacking firm Go Raw. The family office... Read More


BillionE, Atomgrid, Liquidnitro Games, others raise funding

New Delhi, Jan. 13 -- Mobility platform BillionE, specialty chemicals startup Atomgrid, game production firm Liquidnitro Games, and six other startups have raised capital in various early-stage fundin... Read More


PE firm Creaegis joins as anchor investor in SaaS company Amagi Labs

New Delhi, Jan. 13 -- Homegrown private equity firm Creaegis has come on board Bengaluru-based media technology startup Amagi Labs as an anchor investor as the software-as-a-service (SaaS) firm heads ... Read More


Dharana Capital raises $250 mn for second India-focused fund

New Delhi, Jan. 12 -- Bengaluru-headquartered growth-stage investment firm Dharana Capital has raised $250 million (around Rs 2,254 crore) for its second India-focused growth fund, taking its total as... Read More