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First Bridge-backed drone maker Zuppa looks for fresh capital

New Delhi, June 10 -- Indigenous drone maker Zuppa is in talks with several investors to raise a fresh round as it looks to broaden its interceptor drone segment, a top official said. The Chennai-bas... Read More


Electrical equipment maker Quality Power to acquire insulator manufacturer

New Delhi, June 10 -- Sangli-based high-voltage equipment maker Quality Power Electrical Equipments Ltd has agreed to acquire Winwin Speciality Insulators Ltd (WSIL) at an enterprise value of about Rs... Read More


IvyCap's first fund logs out of decade-old bet with multibagger returns

New Delhi, June 10 -- Homegrown venture capital firm IvyCap Ventures has logged out of a portfolio company that it first backed almost 11 years ago from its first fund before reinvesting through its s... Read More


Nisus Finance floats $262 mn realty fund; first close soon

New Delhi, June 9 -- Nisus Finance Services, which operates alternative investment funds backing real-estate credit and special situations opportunities, has launched its fourth India-focussed fund to... Read More


Spotlight: Can Alpha Alts-backed Anantam Highways meet its ambitious growth targets?

New Delhi, June 9 -- When Alpha Alternatives-backed Anantam Highways Trust completed a modest Rs 400-crore initial public offering in October last year, it barely registered as a footnote in India''s ... Read More


Grapevine: Navi, India Quotient, Sanskrit Capital, Turtlemint, Nexedge in news

New Delhi, June 9 -- Flipkart co-founder Sachin Bansal's Navi Technologies is looking to raise fresh funding while a senior executive is leaving venture capital firm India Quotient and a former Mirae ... Read More


Chhattisgarh High Court Issues Landmark Ruling in Hari Shankar Tibrewal Case; Opens Path for Protecting a,1423-Crore Frozen Assets

New Delhi, June 9 -- RAIPUR: In a significant and forward-looking judgment concerning the preservation of market-dependent assets, the Chhattisgarh High Court has ruled that merely keeping a frozen in... Read More


EAAA India Alts names Amit Agarwal sole CEO as co-CEO steps down

New Delhi, June 9 -- EAAA India Alternatives Ltd, the alternative asset management platform of the Edelweiss group, has elevated Amit Agarwal to its sole Chief Executive Officer, providing unified lea... Read More


ChrysCap, two other PE firms vying for stake in domestic formulations maker

New Delhi, June 9 -- A clutch of private equity investors including ChrysCapital, Malaysia's Creador and Bahrain-headquartered Investcorp are in an advanced stage of discussion to pick up significant ... Read More


Carlyle-controlled Viyash Scientific to acquire Italy-based pet healthcare firm

New Delhi, June 9 -- Carlyle-controlled Viyash Scientific Ltd, formerly known as SeQuent Scientific Ltd, is set to acquire an Italy-based animal health company as it looks to bolster its presence in t... Read More