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Fintech startup Kiwi raises Series B funding

New Delhi, Aug. 25 -- Fintech startup Kiwi, which facilitates credit via UPI for its customers, has pocketed $24mn (Rs 209 crore) in its Series B funding round led by Vertex Ventures South East Asia &... Read More


BII tops up investment in affordable housing financier Altum Credo

New Delhi, Aug. 25 -- British International Investment (BII), the development finance arm of the UK government, has topped up its investment in portfolio firm Altum Credo Home Finance Pvt Ltd by inves... Read More


Brookfield offloads 50% stake in India real estate asset to 360 ONE

New Delhi, Aug. 25 -- Canadian investor Brookfield Asset Management Inc, which manages over 55 million square feet of commercial office assets in India, has sold half its stake in a Pune-based mixed-u... Read More


WizCommerce, Wastelink, Omspace, others collect early-stage funding

New Delhi, Aug. 25 -- Sales platform WizCommerce, animal feed startup Wastelink, space-tech firm Omspace Rocket and three other companies have raised funding in early-stage rounds, the companies said ... Read More


Neo Asset's infra fund makes maiden renewable acquisition

New Delhi, Aug. 25 -- Mumbai-based Neo Asset Management's infrastructure investment vehicle Neo Infra Income Opportunities Fund (NIIOF), which is actively deploying capital following its final close l... Read More


Warburg-controlled Vistaar adds MO Alts, three other PE investors on cap table

New Delhi, Aug. 25 -- Vistaar Financial Services Pvt Ltd, a non-bank lender majority owned by private equity firm Warburg Pincus, has concluded a Rs 1,360 crore ($156 million) round of funding that in... Read More


Gaja, Lightspeed-backed Weaver to snap up Centrum's housing finance unit

New Delhi, Aug. 22 -- Weaver Services Pvt Ltd, a housing financier backed by private equity firm Gaja Capital and venture capital firm Lightspeed, has agreed to buy Centrum Capital Ltd's stake in Cent... Read More


MENA Digest: Saudi's Gathern, UAE's Professional.me, Morocco's Hypeo AI get funding

New Delhi, Aug. 22 -- Gathern, a Saudi Arabian vacation rental marketplace platform, led startup funding activity in the Middle East and North Africa (MENA) region this week, raising an eight-digit pr... Read More


WestBridge picks up minority stake in mutual fund arm of Edelweiss

New Delhi, Aug. 22 -- Homegrown private equity fund WestBridge Capital has picked up 15% stake in the mutual fund arm of Edelweiss Financial Services in a recent transaction, adding another firm to it... Read More


Macquarie raises capital for India EV platform Vertelo

New Delhi, Aug. 22 -- Macquarie Asset Management has raised $405 million (Rs 3,542 crore) for its fleet electrification platform Vertelo, which aims to invest in India's fast-growing electric vehicle ... Read More