Homegrown payments solution provider, Pine Labs, which is preparing for its initial public offering (IPO), on Monday said it has raised $285 million in primary and secondary equity sale, from public market investors...
Shilpa Medicare ties up with Dr Reddy’s for production of Sputnik V vaccine
Shilpa Medicare Limited has tied up with Dr Reddy’s Laboratories Limited (DRL) for the production of Sputnik V vaccine. The company on Monday announced that its whole owned subsidiary Shilpa Biologicals (SBPL) has...
Ess Kay Fincorp raises ₹337 crore
Non-bank financier Ess Kay Fincorp Ltd on Thursday said it has raised ₹337 crore from a clutch of investors. Existing investors TPG Growth, Norwest Venture Partners and Evolvence, along with promoter Rajendra Setia...
Myelin Foundry raises $1 million in Pre-Series A funding
Bengaluru-based deep tech artificial startup, Myelin Foundry, on Wednesday said that it has raised $1 million as a part of its pre-series A round led by Japanese venture capital firm, Beyond Next Ventures. Existing...
Cabinet clears India-Qatar deal on accounting profession
The union cabinet on Wednesday cleared a proposed deal between accounting rule maker The Institute of Chartered Accountants of India (ICAI) and Qatar Financial Centre Authority (QFCA), the body that promotes the...
SuperOps.ai raises $3 million from Elevation Capital and Matrix Partners
US-based remote monitoring and services automation platform, SuperOps.ai, on Wednesday said that it has raised $3 million as a part of its seed round co-led by Elevation Capital and Matrix Partners India. The round also...
Multiples-led group to buy Cadila’s animal health unit
Zydus Animal Health and Investments Ltd (ZAHL), a wholly-owned subsidiary of Cadila Healthcare Ltd, has entered into an agreement to sell its Animal Healthcare Established Markets Undertaking (Zydus AH) to a consortium...
Jeff Bezos wraps up his latest Amazon stock sales for $6.7 billion
Jeff Bezos sold $1.7 billion of Amazon.com Inc. stock, bringing the amount he’s unloaded this month to about $6.7 billion. Bezos sold 521,936 shares under a pre-arranged trading plan, according to U.S. Securities and...
KFintech acquires 17% stake in insurtech startup Artivatic.ai
American private equity firm General Atlantic-backed registrar and transfer agency, KFin Technologies, on Tuesday said that it has acquired a 17% stake for an undisclosed amount in insurtech startup Artivatic.ai. The...
IBM Corp. gets competition commission nod for internal restructuring
Competition Commission of India (CCI) has granted deemed approval to IBM Corp. for an internal restructure that covers its India business, under a fast-track clearance provision. An official statement from the...
Groww to acquire Indiabulls Housing Fin’s MF business
Nextbillion Technology Pvt. Ltd, which operates wealth management platform Groww, has entered into a definitive agreement with Indiabulls Housing Finance Ltd (IBHFL) to acquire the mutual fund business of its...
Baring PE Asia offloads 3.14% stake in Coforge for ₹616 crore
Baring Private Equity Asia (BPEA) on Monday sold a 3.14% equity stake in IT services firm Coforge Ltd, aggregating to ₹616 crore via an open market transaction. Hulst BV, an entity controlled by Baring, sold 19 lakh...
