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Vertex Ventures leads $17.5 mn Series B round in Wishlink

New Delhi, Feb. 24 -- Creator commerce platform Wishlink has raised $17.5 million (around Rs 159.2 crore) in a Series B funding round led by Vertex Ventures Southeast Asia & India, as it looks to deep... Read More


Hillhouse Investment picks up minority stake in Quest Global

New Delhi, Feb. 23 -- Private equity firm Hillhouse Investment said Monday it has agreed to acquire a minority stake in engineering services company Quest Global for an undisclosed amount. The transa... Read More


Mojro, DATOMS, Myelin Foundry, MyDesignation raise funding

New Delhi, Feb. 23 -- Software-as-a-service (SaaS) startup Mojro, asset tracking platform DATOMS, AI company Myelin Foundry, and D2C fashion brand MyDesignation have secured funding in separate rounds... Read More


ChrysCapital inks $159 mn control deal for Novartis India, makes open offer

New Delhi, Feb. 20 -- Homegrown private equity firm ChrysCapital has agreed to acquire Swiss pharmaceutical major Novartis AG's entire stake in its Mumbai-listed unit for Rs 1,445.8 crore ($159 millio... Read More


Peak XV Partners raises $1.3 bn for three funds to invest in India, Asia-Pacific

New Delhi, Feb. 20 -- Multi-stage venture capital firm Peak XV Partners said Friday it has secured $1.3 billion in new capital commitments across three funds to invest in India and Asia-Pacific. The ... Read More


Portkey, Pluto Mobility, Roopya raise early-stage funding

New Delhi, Feb. 20 -- Artificial intelligence platform Portkey, electric mobility startup Pluto Mobility, and fintech software-as-a-service (SaaS) firm Roopya have raised early-stage funding. Portkey... Read More


General Catalyst earmarks $5 bn for Indian bets over five years

New Delhi, Feb. 20 -- US-based venture capital firm General Catalyst has earmarked $5 billion (around Rs 45,454 crore) for investments in India over the next five years, marking one of the largest ded... Read More


JM Financial Asset Management floats maiden pre-IPO fund

New Delhi, Feb. 19 -- JM Financial Asset Management has launched its first pre-IPO category II alternative investment fund with a corpus of Rs 1,500 crore (around $165 million). The fund launch marks... Read More


Inox Group set to acquire Wind World's assets via NCLT's resolution plan

New Delhi, Feb. 19 -- The INOXGFL Group is set to acquire assets of insolvent green energy company Wind World India Ltd, after the committee of creditors approved its resolution plan. The group has e... Read More


Peak XV Partners leads Stable Money's $25 mn funding round

New Delhi, Feb. 18 -- Stable Money has raised $25 million (around Rs 226.7 crore) in a Pre-Series C round led by Peak XV Partners, with continued participation from existing investors Z47, RTP Global ... Read More