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ReNew Energy's US delisting plan collapses as Masdar pulls out

New Delhi, Dec. 16 -- Abu Dhabi Future Energy Company PJSC, which operates as Masdar, has pulled out of the consortium that had proposed to take Nasdaq-listed Indian green energy company ReNew Energy ... Read More


KKR-backed Healthium acquires controlling stake in surgical products maker

New Delhi, Dec. 16 -- Healthium Medtech, a KKR-backed medical device maker that is reportedly raising capital for acquisition-led expansion, has inked a deal to buy a controlling stake in a surgical p... Read More


Senores Pharma snaps up Gujarat-based drugmaker to enter UK, Canada markets

New Delhi, Dec. 16 -- Senores Pharmaceuticals Ltd said it has acquired a Gujarat-based pharmaceutical company along with five of its drug applications for generic medicines as part of its push into re... Read More


Moxie Beauty, Aurassure, EDT, others snag early-stage funds

New Delhi, Dec. 16 -- Consumer brands Moxie Beauty, EDT and Swizzle; climate-adaptability focussed Aurassure and deeptech startup Quintrans bag early-stage funds in separate rounds. Moxie Beauty Hai... Read More


Wingify acquires Blitzllama; Sisir Radar, Rotoris, IPF raise early-stage funding

New Delhi, Dec. 15 -- Wingify has acquired product-insights platform Blitzllama, while Sisir Radar, a space and defence-tech startup, Rotoris, an analog watch brand, and IPF, a peer-to-peer marketplac... Read More


ChrysCap-backed Corona Remedies nears $1 bn valuation after blockbuster debut

New Delhi, Dec. 15 -- Corona Remedies Ltd made a spectacular stock market debut on Monday with shares of the drugmaker that counts private equity firm ChrysCapital as an investor listing at a premium ... Read More


360 ONE real assets platform raises $255 mn fund

New Delhi, Dec. 15 -- Asset management firm 360 ONE Asset has raised a Rs 2,300 crore ($255 million) fund under its real assets platform within four months, the company said in a statement. Structure... Read More


Rama Steel Tubes buys UAE-based conglomerate for $80 mn

New Delhi, Dec. 12 -- New Delhi-based Rama Steel Tubes Limited has agreed to buy Abu Dhabi-based Automech Group Holding Limited for AED 296 million ($80.6 million). The deal, which is a mix of cash a... Read More


Proxy advisory firm IiAS asks IndiGo to review board structure, improve transparency

New Delhi, Dec. 12 -- Institutional Investor Advisory Services (IiAS), a proxy advisory firm, has said IndiGo must review its board structure after its failure to meet new government rules led to the ... Read More


BYT Capital rolls out maiden deeptech VC fund

New Delhi, Dec. 11 -- BYT Capital has floated a Rs 180 crore (around $20 million) early-stage venture capital fund to back deeptech and frontier engineering startups, with over half the corpus already... Read More