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Mowito, Econovus Packaging, Hydron snag funding

New Delhi, July 7 -- Industrial AI startup Mowito, packaging company Econovus Packaging, water-tech startup Hydron, and footwear brand Fizzy Goblet secured funding in early-stage rounds on Tuesday. M... Read More


Lok Capital taps another overseas LP for fifth PE fund

New Delhi, July 7 -- India-focussed private equity firm Lok Capital, which invests in early- to growth-stage, high-impact and technology-enabled businesses, has lined up another overseas development f... Read More


Grapevine: Biorad, Neuberg, K Raheja in the news

New Delhi, July 7 -- Diagnostics chain operator Neuberg Diagnostics is gearing up for a public market listing, and medical device maker Biorad Medisys is in talks for a private round and is considerin... Read More


Amara Partners backs Karamtara Engineering in pre-IPO round

New Delhi, July 7 -- Amara Partners, a private equity firm founded by former Mahindra Partners executive Parag Shah and former Omidyar Network executive Piyush Soone, has invested Rs 75 crore ($7.87 m... Read More


Himadri-backed Sicona wins $31 mn grant for Australian battery-material plant

New Delhi, July 7 -- Sicona Battery Technologies, an Australian battery materials maker backed by India's Himadri Speciality Chemical Ltd, has secured a non-repayable grant of up to AUD 45 million (ab... Read More


Sango Capital takes over management of three African fund portfolios

New Delhi, July 7 -- Sango Capital, a South Africa-based investment management firm that makes direct and fund investments across the continent and has deployed over $1 billion across companies so far... Read More


100Unicorns earns windfall gains in exit from nutrition brand

New Delhi, July 7 -- Early-stage venture capital firm 100Unicorns has logged an exit from a nutrition brand after holding the investment for about five years and delivering a double-digit annualised r... Read More


360 One ropes in senior dealmaker from Kotak i-banking arm

New Delhi, July 6 -- Alternative asset manager and wealth management firm 360 One has strengthened its investment banking leadership by hiring a senior executive from Kotak Mahindra Capital after an a... Read More


Brookfield quietly scripting over $1 bn India exit

New Delhi, July 6 -- Canadian alternative investment firm Brookfield Asset Management Inc, which manages a diverse portfolio in India across real estate, infrastructure, renewable energy, private equi... Read More


GSK Velu's Neuberg buys controlling stake in Mumbai diagnostics chain

New Delhi, July 6 -- Neuberg Diagnostics Pvt Ltd, which is backed by healthcare entrepreneur GSK Velu, has acquired a diagnostic lab chain that operates in western India as it seeks to accelerate grow... Read More