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Africa-focused PE firm DPI to invest $190 mn in Egypt's Alameda Healthcare

New Delhi, July 8 -- Africa-focused private equity firm Development Partners International (DPI) has entered into an agreement with Alameda Healthcare to invest $190 million for a minority stake in th... Read More


PE-backed Veeda, True North-backed Seedworks receive SEBI nod for IPOs

New Delhi, July 8 -- The Securities and Exchange Board of India (SEBI) has granted approval for the initial public offerings (IPOs) of Veeda Clinical Research Ltd, which is backed by private equity fi... Read More


Sai Parenterals, Linkrunner, Monetize360 get funding; Counselect, Incuspaze ink M&As

New Delhi, July 8 -- Drugmaker Sai Parenterals, analytics startup Linkrunner, and software-as-a-service (SaaS) platform Monetize360 have secured funding in separate early-stage rounds. Meanwhile, con... Read More


Are SEBI curbs on derivatives trading to deter retail investors making any difference?

New Delhi, July 8 -- The Securities and Exchange Board of India's recent measures to restrict retail investors' participation in the equity derivatives segment where they lost Rs 1.06 trillion ($12 bi... Read More


Trident Growth Partners leads CreditWise's maiden institutional funding round

New Delhi, July 8 -- CreditWise Capital, a Mumbai-based non-banking financial company (NBFC) specializing in two-wheeler and MSME lending, has raised Rs 200 crore ($23.3 million) in its maiden institu... Read More


Healthy food brand Khetika bags $18 mn in Series B round

New Delhi, July 7 -- Healthy snack and staples brand Khetika said Monday it has bagged $18 million (approximately Rs 154.6 crore) in its Series B funding round led by Narotam Sekhsaria Family Office a... Read More


InPrime Finserv, WiseLife, Divine Hindu secure early-stage funding

New Delhi, July 7 -- Finance company InPrime Finserv, wellness brand WiseLife, and spiritual lifestyle startup Divine Hindu have secured funding in separate early-stage rounds, the companies said Mond... Read More


IC Legal and Universal Legal end seven-year partnership

New Delhi, July 5 -- Law firms IC Legal and Universal Legal have decided to set up independent operations after working jointly for more than seven years under the brand IC Universal Legal. Universal... Read More


Lenskart bets on Ajna Lens; Serendipity Space secures funding

New Delhi, July 4 -- Eyewear retailer Lenskart has invested in mixed-reality headset maker Ajna Lens, while Bengaluru-based Serendipity Space has secured funding to advance drug development in microgr... Read More


TPG-backed Fibe elevates Vimal Saboo as CEO of NBFC arm

New Delhi, July 4 -- Digital lending platform Fibe, which is backed by marquee private equity firms TPG and TR Capital among others, has promoted its chief business officer, Vimal Saboo, to chief exec... Read More