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MediaMint, Blue Mantis backer Recognize garners $1.7 bn for second PE fund

New Delhi, June 30 -- Recognize, a private equity firm that backs businesses in the digital services industry, has raised $1.7 billion for its second fund and marked its final close, a top executive t... Read More


Cookd, AntiNorm, Blostem, Othor AI, LogicFlo secure early-stage capital

New Delhi, June 30 -- Kitchen products startup Cookd, personal care company AntiNorm, fintech infrastructure startup Blostem, and AI companies Othor and LogicFlo have secured funding in separate early... Read More


Cookd, AntiNorm, Blostem, Othor AI secure early-stage capital

New Delhi, June 30 -- Kitchen products startup Cookd, personal care company AntiNorm, fintech infrastructure startup Blostem, and AI company Othor have secured funding in separate early-stage rounds, ... Read More


Amber Group, Rainbow Hospitals, Mahindra Lifespaces, Asian Paints strike M&As

New Delhi, June 30 -- Amber Group's electronics manufacturing services arm, hospital chain Rainbow Children's Medicare Ltd, Mahindra Group's real estate development unit and Asian Paints have struck m... Read More


Gaja Capital leads Eggoz's $20-mn Series C round

New Delhi, June 30 -- Egg-focused agri-consumer brand Eggoz has raised $20 million (around Rs 171 crore) in its Series C funding round led by Gaja Capital, with participation from existing investors, ... Read More


Orix revives deal to sell stake in Greenko to AM Green

New Delhi, June 30 -- Japanese financial services firm Orix Corp said on Monday that it plans to re-enter an agreement to sell a 17.5% stake in Greenko Energy Holdings, backed by GIC, to AM Green Powe... Read More


Solar module maker Rayzon Solar files for $175 mn IPO

New Delhi, June 27 -- Surat, Gujarat-based solar photovoltaic module maker Rayzon Solar Ltd has filed draft papers with the Securities and Exchange Board of India (SEBI) to raise Rs 1,500 crore ($175 ... Read More


MENA Digest: AppliedAI, Related, Nowlun, Roomz.rent secure funding

New Delhi, June 27 -- UAE-based startups drove funding activity in the Middle East and North Africa (MENA) region this week. Abu Dhabi-based AppliedAI and loyalty platform Related secured substantial ... Read More


Amitabh Kant joins Fairfax as senior advisor

New Delhi, June 27 -- Canadian investment holding company Fairfax has appointed Amitabh Kant, who recently stepped down as India's G20 sherpa, as a senior advisor to support its long-term investment s... Read More


General Catalyst leads $100 mn funding in drone maker Raphe mPhibir

New Delhi, June 26 -- US-based venture capital firm General Catalyst has led a $100 million (about Rs 860 crore) funding round in Indian drone manufacturing company Raphe mPhibr Pvt Ltd, the largest f... Read More