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Neo Asset Management invests $20 mn in diaper maker Nobel Hygiene

New Delhi, May 15 -- The asset management arm of Mumbai-based Neo Group has invested Rs 170 crore ($20 million) in disposable hygiene products maker Nobel Hygiene Pvt. Ltd through a mix of primary and... Read More


Value retailer 1-India Family Mart pockets Series D funding

New Delhi, May 15 -- Dubai-based financial services firm Gulf Islamic Investments (GII) and Indian mid-market private equity firm Carpediem Capital have doubled down on their investments in 1-India Fa... Read More


Kriscore Capital marks first close of maiden early-stage VC fund

New Delhi, May 15 -- Kriscore Capital, a venture firm focused on early-stage investments in Indian tech startups, has announced the first close of its debut venture capital fund. The company is target... Read More


MedVital, Naptapgo secure pre-seed funding

New Delhi, May 15 -- Medtech startup MedVital and short stay hotels platform Naptapgo have secured pre-seed funding from venture capital firms and angel investors, the companies said on Thursday. Med... Read More


Fractional ownership platform Strata surrenders SM REIT license amid legal dispute

New Delhi, May 14 -- Strata, a fractional real estate ownership firm backed by Kotak Alternates and Elevation Capital, has surrendered its Small and Medium Real Estate Investment Trust (SM REIT) licen... Read More


SEBI extends deadline for PE/VC fund managers to comply with certification norms

New Delhi, May 14 -- The Securities and Exchange Board of India (SEBI) has extended the deadline for alternative investment fund (AIF) managers to comply with a mandatory certification requirement. Ac... Read More


Celebal Tech snags Series B from InCred's PE fund, Norwest

New Delhi, May 13 -- Software services company Celebal Technologies has secured $15 million (about Rs 127 crore) in Series B funding, as the startup looks to increase its presence across key markets. ... Read More


Prabhudas Lilladher rolls out maiden private credit fund, sets sight on first close

New Delhi, May 13 -- Mumbai-based financial services firm Prabhudas Lilladher's asset management arm, PL Capital, has unveiled its maiden alternative investment fund, a performing private credit vehic... Read More


Tiger Global-backed Groww settles case with SEBI over app outage, suffers another glitch

New Delhi, May 13 -- Online investing platform Groww has settled a case with the Securities and Exchange Board of India (SEBI) pertaining to an outage in its trading app last year even as it suffered ... Read More


IIFL Fintech Fundexitsanalytics platform, generates two-fold return on investment

New Delhi, May 13 -- IIFL Fintech Fund, the early-stage fintech investment vehicle of the diversified financial services group IIFL, has exited Finarkein Analytics Pvt Ltd and generated a two-fold ret... Read More