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Tata Chemicals, Varun Beverages, Park Medi World ink M&As; Waaree invests in Omani firm

New Delhi, Dec. 22 -- Tata Chemicals, Varun Beverages, hospital-chain operator Park Medi World and solar-module maker Waaree Energies have announced strategic merger and acquisition deals. Tata Chemi... Read More


Fortis Healthcare agrees to acquire Bengaluru-based People Tree Hospital

New Delhi, Dec. 22 -- Fortis Healthcare Ltd, one of India's largest hospital operators, has agreed to acquire Bengaluru-based People Tree Hospital, with plans to scale up the facility's infrastructure... Read More


Mukul Agrawal-backed StockGro raises additional $13 mn

New Delhi, Dec. 19 -- StockGro, an investment advisory and market learning platform, has raised $13 million (around Rs 117 crore) from San Francisco-based Bitkraft Ventures as part of its Series B1 ro... Read More


Norwest-backed Gabit buys Swedish firm; German conglomerate invests in HMI Learning

New Delhi, Dec. 19 -- Health tech start-up Gabit, which is backed by investment firms Norwest Venture Partners and Ventura Capital, has acquired Swedish clean nutrition brand Nack. Gurugram-based Gab... Read More


Piramal Finance to exit Shriram Life, pocket $67 mn from stake sale

New Delhi, Dec. 19 -- Piramal Finance will sell its 14.7% stake in Shriram Life Insurance to Sanlam Emerging Markets (Mauritius) for Rs 600 crore ($67 million). The transaction is expected to close i... Read More


Japan's MUFG Bank to buy 20% stake in Shriram Finance in largest foreign NBFC bet

New Delhi, Dec. 19 -- Japan's MUFG Bank will acquire a 20% stake in Shriram Finance for Rs 39,618 crore ($4.4 billion), marking the largest foreign investment in India's financial services segment. S... Read More


Virohan, Alimento Agro Foods raise fresh funds

New Delhi, Dec. 19 -- Healthcare-focused edtech startup Virohan and instant food maker Alimento Agro Foods have raised fresh capital in separate funding rounds. . Virohan Virohan has secured Rs 65 c... Read More


Krafton to set up $665 mn India-focused fund with Naver, Mirae Asset

New Delhi, Dec. 19 -- South Korea-based gaming major Krafton is setting up an India-focused investment fund of up to Rs 6,000 crore ($665.3 million) in partnership with South Korea's leading internet ... Read More


Over half of finfluencer Avadhut Sathe academy's monthly expenses go to ads, seminar

New Delhi, Dec. 19 -- Nearly 60% of the monthly expenses of finfluencer Avadhut Sathe's trading academy, currently under regulatory scrutiny, go towards advertising and seminars, according to a submis... Read More


Temasek-backed Haldiram's bags a cheque from PE firm L Catterton

New Delhi, Dec. 18 -- Snacks maker Haldiram's, which in March raised funding from Singapore state-owned investment firm Temasek, has roped in global consumer-focussed private equity firm L Catterton a... Read More