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US cosmetics major Estee Lauder to fully acquire India's Forest Essentials

New Delhi, March 5 -- US-based cosmetics maker The Estee Lauder Companies Inc. will acquire the 51% stake it doesn't already own in Indian personal care and beauty brand Forest Essentials, the compani... Read More


DEG, Citi extend $76 mn loan to Shriram Finance

New Delhi, March 5 -- Germany's Deutsche Investitions- und Entwicklungsgesellschaft (DEG) and Citi have jointly provided a $76 million (around Rs 696 crore) co-financing package to Shriram Finance. U... Read More


Cheerio AI, Peping secure early-stage funding

New Delhi, March 5 -- AI-based customer engagement platform Cheerio AI and gut health brand Peping have raised funding in separate early-stage rounds. Cheerio AI Cheerio AI has raised Rs 8 crore ($0... Read More


Motilal Oswal Home Finance inks $100 mn debt finance deal with ADB

New Delhi, March 5 -- Motilal Oswal Home Finance has entered into an agreement to raise $100 million (around Rs 916 crore) from the Asian Development Bank. As a part of the agreement, the Asian Devel... Read More


Blackstone-backed REIT's manager settles allegation of norms violation with SEBI

New Delhi, March 5 -- Nexus Select Mall Management Pvt Ltd, manager of the Blackstone-backed real estate investment trust (REIT) Nexus Select Trust, has settled allegations of violating REIT regulatio... Read More


Dabur's investment arm leads Series B funding in RAS Luxury Skincare

New Delhi, March 3 -- RAS Luxury Skincare, a direct-to-consumer skincare brand, has secured $7.5 million (about Rs 69 crore) in Series B funding led by Dabur Ventures, the investment arm of the fast-m... Read More


NCW Prime Offices Fund completes third acquisition, expands into Pune

New Delhi, March 3 -- Prime Offices Fund (Prime), a commercial real estate-focused fund managed by Nuvama and Cushman & Wakefield Management Private Limited (NCW), has acquired TenSteps, a commercial ... Read More


OfBusiness unit Oxyzo raising maiden private credit fund

New Delhi, March 2 -- Oxyzo Financial Services Ltd, the non-bank lending arm of B2B commerce platform OfBusiness, has entered the fund management space with the launch of a Rs 500 crore ($54.5 million... Read More


Quick-commerce enabler Inamo, EV-maker Bounce raise capital

New Delhi, March 2 -- Inamo, a full-stack quick commerce enablement platform, has raised $8 million (around Rs 73.2 crore) in a Series A round led by Prime Venture Partners. The round involves $6 mill... Read More


QBE Insurance, Thermax, ADM Group, MedGenome announce M&A deals

New Delhi, March 2 -- Australia-listed insurance firm QBE Insurance Group Ltd, Mumbai-listed energy and environment solutions provider Thermax Ltd, Pune-based engineering and manufacturing firm ADM Gr... Read More