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True North's private credit fund bets on Innova Rubbers, Vee Tee Auto

New Delhi, Oct. 29 -- Alternative investment firm True North said Wednesday it has invested Rs 360 crore ($40.8 million) in Innova Rubbers Pvt Ltd and Vee Tee Auto Manufacturing Company Pvt Ltd via it... Read More


Authum Investment, Dhampur Sugar, DCM Shriram, PE-backed Rubicon ink M&As

New Delhi, Oct. 29 -- A non-banker lender is set to acquire a stationary maker, while a sugar-mill owner is looking to diversify into financial services, according to recent exchange filings. Other n... Read More


Smallest.ai, Cybrilla, Arthos, Ticket9 collect early-stage cheques

New Delhi, Oct. 28 -- Voice AI platform Smallest.ai, fintech infrastructure startup Cybrilla, event management platform Ticket9, and wealth advisory firm Arthos have secured funding in separate early-... Read More


RBI returns PE-backed Jana Small Finance Bank's universal banking application

New Delhi, Oct. 28 -- The Reserve Bank of India (RBI) has returned Jana Small Finance Bank's application for a voluntary transition to a universal bank, citing non-fulfilment of eligibility criteria, ... Read More


Accel, Prosus to invest jointly in early-stage Indian deeptech startups

New Delhi, Oct. 27 -- Venture capital firm Accel has partnered with Dutch investment group Prosus to expand Atoms X, its early-stage programme for entrepreneurs, with a focus on startups building Leap... Read More


Iron Pillar, Chiratae, Anicut portfolio firms and Gaja Capital get IPO nod

New Delhi, Oct. 27 -- The markets regulator has cleared the draft papers filed by what would be the first standalone private-equity firm to be listed on Indian bourses and that of two other firms back... Read More


Amitabh Sharma returns to JSA Advocates as partner in Gurugram office

New Delhi, Oct. 27 -- Corporate lawyer Amitabh Sharma has rejoined JSA Advocates and Solicitors (JSA) at its Gurugram office, the firm said in a statement. Sharma brings over 25 years of experience a... Read More


Honda Motor buys stake in Mitsui-backed OMC Power

New Delhi, Oct. 27 -- Gurugram-headquartered distributed energy company OMC Power, which is backed by Japanese strategic investors Chubu Electric Power, Mitsui & Co, as well as the Khattar family offi... Read More


HYDGEN, Daryaganj Hospitality, FinalLayer, others snag early-stage funding

New Delhi, Oct. 27 -- Green hydrogen maker HYDGEN, restaurant operator Daryaganj Hospitality, AI infrastructure startup FinalLayer, defence electronics firm Sanlayan Technologies, and nutrition brand ... Read More


HYDGEN, Daryaganj Hospitality, FinalLayer snag early-stage funding

New Delhi, Oct. 27 -- Green hydrogen maker HYDGEN, restaurant operator Daryaganj Hospitality, and AI infrastructure startup FinalLayer have secured capital in separate early-stage funding rounds, the ... Read More