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Multiples PE-backed Quantiphi, IAN bet on Transcell Biologics

New Delhi, Sept. 9 -- Transcell Biologics, a Hyderabad-based biotech startup, has raised funding from artificial intelligence company Quantiphi Inc and Indian angel investment network IAN Group. The ... Read More


Carlyle hires former Bajaj Electricals CEO to help improve portfolio firms' performance

New Delhi, Sept. 9 -- Private equity firm Carlyle has appointed Anuj Poddar, the former CEO of Bajaj Electricals, in the newly created role of co-head of Global Portfolio Solutions (GPS) for Asia, wit... Read More


EQT to acquire GeBBS Healthcare as ChrysCapital exits

New Delhi, Sept. 9 -- Swedish private equity firm EQT Monday said it has agreed to acquire a controlling stake in healthcare technology services company GeBBS Healthcare Solutions from Indian PE firm ... Read More


Did InvAscent beat the benchmark in exit from four-year-old pharma bet?

New Delhi, Sept. 6 -- Healthcare-focussed private equity firm InvAscent, which is raising its fourth fund and has struck three new deals from the vehicle over the past nine months, has fully exited a ... Read More


How Peak XV turned $25 mn bet on a non-tech company to over $300 mn exit

New Delhi, Sept. 6 -- Venture capital firm Peak XV Partners, fresh from the success of seeing the valuation of its portfolio company Awfis double within three months of listing, has hit the sell butto... Read More


Drip Capital raises $113 mn in a mix of equity and debt

New Delhi, Sept. 5 -- Accel-backed Drip Capital, a digital cross-border trade finance platform for small and medium businesses (SMBs), has raised $23 million in equity in a fresh round of funding, alo... Read More


Early-stage investor Relentless VC elevates exec to partner

New Delhi, Sept. 5 -- Relentless VC, a micro venture capital firm focused on early-stage investments, has promoted a principal to the role of partner. The Bengaluru-based investor, which has backed s... Read More


Anagram appoints former Induslaw executive to bolster M&A, PE profile

New Delhi, Sept. 5 -- Law firm Anagram Partners have onboarded a partner from IndusLaw in a move to boost its mergers and acquisitions (M&A) and private equity advisory business. This development com... Read More


The Hosteller, RecommerceX, LiaPlus AI, Nautical Wings bag early-stage funding

New Delhi, Sept. 5 -- Backpacker hostel chain The Hosteller, chemical recycling and sustainability startup RecommerceX, customer support solutions provider LiaPlus AI and electric propulsion technolog... Read More


Rapido bags $200 mn in Series E funding, enters unicorn club

New Delhi, Sept. 5 -- Ride-hailing platform Rapido on Thursday said it has raised $200 million in fresh funding as a part of its Series E round that valued it about $1.1 billion. Its existing investo... Read More