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Spense, Ringg AI, Moving Brahma get early-stage funding

New Delhi, June 2 -- Fintech startup Spense, conversational AI startup Ringg AI, and marketing agency Moving Brahma have secured funding in separate early-stage rounds from venture capital firms and a... Read More


Shorooq gets LP cheque from pan-Arab DFI for second venture debt fund

New Delhi, June 2 -- Shorooq Partners, an Abu Dhabi-based multi-asset investment firm backed by ten sovereign wealth funds, has secured the backing of a regional financial institution for its second t... Read More


KKR extends $600 mn in credit financing to Manipal Group

New Delhi, June 2 -- Global private equity firm KKR said Monday it has extended $600 million in credit financing to the Manipal Education and Medical Group to help the Ranjan Pai-led business house ac... Read More


Meenakshi Group's alternatives arm rolls out debut real estate fund

New Delhi, June 2 -- Hyderabad-based infrastructure developer Meenakshi Group, which operates across the real estate and clean energy sectors, has ventured into the alternative investment segment with... Read More


B2B commerce platform Udaan wraps up Series G funding round

New Delhi, June 2 -- B2B e-commerce platform Udaan said Monday it has closed its Series G equity funding round with $114 million (Rs 974 crore) in fresh capital. The round was led by M&G Investments ... Read More


IvyCap-backed apparel brand Snitch raises $40 mn in Series B round

New Delhi, June 2 -- Menswear fashion brand Snitch has raised $40 million (Rs 341 crore) in a Series B funding round led by 360 ONE Asset, with participation from existing investors IvyCap Ventures an... Read More


SEBI's migration scheme for legacy VC funds draws tepid response, prompts IVCA nudge

New Delhi, May 30 -- A lukewarm response from venture capital funds with active investment vehicles governed by legacy regulations to migrate to the Securities and Exchange Board of India's (SEBI) new... Read More


MENA Digest: Saudi, UAE and Qatari fintech startups lead funding activity

New Delhi, May 30 -- Fintech startups boosted fundraising activity in the Middle East and North Africa region this week. Saudi Arabian fintech infrastructure platform Stitch raised seed funding while ... Read More


Hines, Mitsubishi, Sumitomo form JV with Indian developer for office asset

New Delhi, May 30 -- US-based real estate asset manager Hines, an active investor in India's commercial and luxury residential real estate sector, has formed a joint venture with Japanese conglomerate... Read More


PAG elevates India head Srivastava as global private equity co-head

New Delhi, May 29 -- PAG, the Asia-Pacific-focused alternative investment firm, has elevated Nikhil Srivastava, partner and head of India private equity, as co-head of the firm's global PE business, e... Read More