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NxtQube, Revrag, Llumo AI bag seed capital

New Delhi, Aug. 21 -- Drone infrastructure company NxtQube and artificial intelligence startups Revrag and Llumo AI have secured seed capital, the companies said Wednesday. NxtQube NxtQube said it r... Read More


Pre-seed investor Volt VC floats maiden investment fund

New Delhi, Aug. 20 -- Ahmedabad-based micro-venture capital firm Volt VC said Tuesday it has floated its maiden fund with a target corpus of Rs 45 crore ($5.4 million) to invest in consumer-centric st... Read More


Ankur Capital ropes in two existing LPs for third fund

New Delhi, Aug. 20 -- Early-stage venture capital firm Ankur Capital, an investor in more than 30 companies including Captain Fresh, String Bio, Vegrow, Offgrid Energy Lab and BigHaat, has brought on ... Read More


ICICI Venture scores a juicy private equity exit

New Delhi, Aug. 20 -- Indian private equity firm ICICI Venture, one of the oldest alternative investors in the country that finished fundraising for its fifth investment vehicle and is nearing the fin... Read More


Creador on course for over $70 mn India PE exit

New Delhi, Aug. 20 -- Creador, the South- and Southeast Asia-focused private equity firm founded by Brahmal Vasudevan that is raising capital for its sixth fund targeting a corpus of nearly $750 milli... Read More


SEBI lets AIFs borrow to meet drawdown gaps, issues rules for VCF migrating to AIF

New Delhi, Aug. 20 -- India's capital market regulator Securities and Exchange Board of India (SEBI) has issued two circulars, easing rules for borrowing by alternative investment funds (AIFs) and for... Read More


Resurgent India to raise headcount, open new offices in growth push

New Delhi, Aug. 20 -- Resurgent India Ltd, an investment bank that specialises in debt raising and stressed asset advisory, is looking to recruit aggressively across departments and triple its headcou... Read More


Continuum Green Energy gets $150 mn from Al Gore-backed climate investor

New Delhi, Aug. 20 -- Renewable energy company Continuum Green Energy Pvt. Ltd has raised Rs 1,256 crore ($150 million) in equity capital from a climate investment firm backed by former US vice-presid... Read More


ChrysCapital's public market fund doubles corpus, adds new names to portfolio

New Delhi, Aug. 16 -- Homegrown private equity firm ChrysCapital, one of the largest among its peers that launched a full-fledged fund to make investments in publicly listed companies last year, has a... Read More


PE firm Mandala Capital makes second exit move of 2024

New Delhi, Aug. 16 -- Mandala Capital, an Indian subcontinent-focused private equity firm that is drawing up plans to raise its third fund, has stitched a deal to exit a local company to mark its seco... Read More