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MENA Digest: Property Finder, Qashio ink M&As; Nine startups get funding

New Delhi, Oct. 25 -- Dealmaking activity in the Middle East and North Africa region this week was propelled by proptech firm Property Finder, which invested in Mubadala-backed digital real estate inv... Read More


SEBI okays transfer of business between portfolio managers, places limits on inter-group deals

New Delhi, Oct. 24 -- The capital market regulator has allowed portfolio managers to transfer their business, or portfolios of their clients, to another entity after obtaining SEBI's approval. Portfo... Read More


Wonderland Foods, Capital XB raise funds in $15-mn plus rounds

New Delhi, Oct. 24 -- Healthy snacking brand Wonderland Foods has raised Rs 140 crore ($16 million) in its first institutional round of funding. The round was led by impact-focused venture capital fi... Read More


Blackstone to buy minority stake in Federal Bank

New Delhi, Oct. 24 -- Alternative asset manager Blackstone will acquire a 9.99% stake in Federal Bank for nearly Rs 6,196 crore (around $716 million). The investment will be made via Blackstone affil... Read More


HomeLane reports 22% growth in net sales, misses target

New Delhi, Oct. 24 -- Homevista Decor & Furnishings Pvt. Ltd, which owns the brand HomeLane and acquired its rival Design Cafe last year in a share-swap deal, reported an operating revenue of Rs 748 c... Read More


Uniphore raises $260 mn from NVIDIA, AMD, others in flat round

New Delhi, Oct. 23 -- Conversational automation platform Uniphore has raised $260 million (around Rs 2,285 crore) in Series F funding that values it at the same level as the previous round three-and-a... Read More


UnifyApps snags $50 mn from WestBridge, others; names new co-CEO

New Delhi, Oct. 23 -- Homegrown private equity firm WestBridge Capital has led enterprise AI platform UnifyApps' $50 million (around Rs 438.5 crore) Series B funding round that also saw participation ... Read More


GEF Capital-backed Premier Energies to buy power transformer maker in $57-mn deal

New Delhi, Oct. 23 -- GEF Capital Partners-backed solar cell manufacturer Premier Energies Ltd is set to enter the power transmission sector with the acquisition of a majority stake in a Hyderabad-bas... Read More


GEF Capital-backed Premier Energies enters power-transmission with $57mn deal

New Delhi, Oct. 23 -- GEF Capital Partners-backed and NSE-listed solar-cell manufacturer Premier Energies Ltd is set to enter the power-transmission sector with the acquisition of a majority stake in ... Read More


Michezo Sports, Megaliter Varunaa lock in early-stage funding

New Delhi, Oct. 23 -- Sports-facilities provider Michezo Sports has secured $2 million (around Rs 17.6 crore) in its pre-Series A funding led by Centre Court Capital, a sports and gaming-focused ventu... Read More