Phablecare, a chronic disease management startup, on Monday said it has raised ₹187 crore in a funding round led by Kalaari Capital, which also saw participation of Aflac Ventures, Digital Horizon and Stride Ventures...
Saudi Fund Looks For A Stake In Tata Power’s Green Biz
Saudi Arabia’s Public Investment Fund (PIF) in looking to buy a stake in Tata Power Co. Ltd’s green energy, power transmission and distribution businesses, according to two people aware of the development. The due...
Swastika Investmart Acquires The Business Of Safal Capital
Swastika Investmart Ltd has signed an agreement to acquire the business of Safal capital, a 100 years vintage entity of India. This acquisition will enhance the customers base of brokerage company by around 5 per cent...
Beyondirr Raises Seed Funding From Zerodha’s Rainmatter, Sujeet Kumar
B2B wealth-tech platform BeyondIRR on Friday said it has secured seed funding from Zerodha’s Rainmatter and Sujeet Kumar, co-founder, Udaan. Parag Kasliwal, Deepesh Bhargava, Anupreet Choudhary and Hemant Jain founded...
Ftv Capital Invests $180 Million In Logicsource Inc.
Growth investor FTV Capital is investing $180 million for a majority interest in procurement services and technology services provider LogicSource Inc. FTV backed LogicSource out of FTV VII, which closed last month with...
Bank of Maharashtra to divest 4% stake in ISARC by Dec-end
Government-owned Bank of Maharashtra on Thursday announced the execution of a share purchase to divest its entire stake of 4% in India SME Asset Reconstruction Company (ISARC). The agreement was executed on April 6...
Invesco looks to sell 7.8% stake in Zee via block deal
After a seven-month-long legal tussle with the founders of Zee Entertainment Enterprises Ltd for control of India’s largest publicly traded media company, Invesco Developing Market Funds, the broadcaster’s largest...
HSBC lifts stake in China securities venture to 90%
HSBC Holdings PLC boosted its holding in its Chinese securities joint venture to 90% from 51%, the latest in a series of moves by global banks to take greater ownership of investment-banking operations in mainland China...
Mitsui to buy 49% in ReNew’s RTC project
Japanese investment firm Mitsui & Co will invest in the round-the-clock (RTC) renewable energy project being developed by ReNew Power and pick up a 49% stake in it. In a statement, ReNew said that the RTC project...
Anarock acquires co-working firm myHQ
Property advisory Anarock Group on Tuesday said it has acquired co-working platform myHQ, to strengthen its flexible workspace portfolio. The value of the deal was not disclosed. myHQ will retain its distinct brand and...
Gupshup acquires VC-backed Active.ai; eyes $100-200 mn in pre-IPO round
Conversational messaging platform Gupshup, operated by Webaroo Inc., has acquired a conversational AI platform for banks and fintech companies Active.Ai, and is in talks with potential investors for a pre-IPO funding of...
Vested Finance raises $12 million in series A funding round
US stock investment platform Vested Finance on Tuesday said it has raised $12 million in a Series A funding round led by Ayon Capital. It also saw participation from existing investors, including Tenoneten, Ovo Fund...
