Aditya Birla group owned Grasim is forming a joint venture in India with Germany-based Maschinenfabrik Reinhausen for manufacturing and selling composite hollow core insulators (CHCI) that caters to industries like the power transmission and distribution industry globally, Grasim announced on Tuesda...

Mosaic Wellness, a consumer brands company raised $10 million in its maiden funding round from Matrix Partners India and Sequoia Capital India, along with SAIF Partners, according to reports . Two prominent venture capitalists have come together to launch Mosaic Wellness, a consumer brands company, ...

Healthcare startup Qure.ai has raised $16 million in a funding round led by Sequoia India, it said on Thursday. MassMutual Ventures Southeast Asia, the investment arm of US-based life insurer MassMutual, also participated in the round. — Mint Qure.AI is engaged in the business of providing artificia...

Ceridian, a global leader in human capital management (HCM) technology, … announced it has entered into a definitive share purchase agreement to acquire Excelity Global Solutions Pte Ltd. (Excelity), an Asia-based HCM service provider from the Everstone Group. The transaction is expected to close du...

GenWorks, a health-tech startup spun off by General Electric’s (GE’s) healthcare arm Wipro GE Healthcare has raised Rs 65 crore from PE firm Somerset Indus Capital Partners for a 30% stake. — The Times of India Samvad Partners advised Genworks Health Private Limited on all aspects of the transaction...

Samsung Venture has made investments in a system apps company OSLabs (Indus OS), speech technology startup Gnani.ai, IoT solutions provider Silvan Innovation Labs and an early-stage computer vision startup, whose name it did not disclose. — Mint Samvad Partners advised Samsung Ventures led by a team...

Freshwater fish and seafood supply chain platform Captain Fresh on Monday said it has raised USD 2.3 million (over Rs 17 crore) from investors, including Ankur Capital. In pre-series A round of funding, Incubate Fund India and Silicon Valley-based angel investors also participated. — Cnbctv18 DSK Le...

Online healthcare portal Practo has raised $32 million (Rs 240 crore) in a new round of funding led by Chinese life insurance conglomerate A1A Company and joined by existing investors Tencent, Sequoia Capital, Sofina Ventures, Matrix Partners, G Capital, and RTP Global, The Ken first reported on Fri...

Coimbatore-based Ampere Vehicles, a wholly-owned electric mobility subsidiary of Greaves Cotton, on Monday announced the acquisition of 74% stake in Noida-based Bestway Agencies Pvt Ltd (BAPL) which sells e-rickshaws under the popular ELE brand. — The Financial Express Cyril Amarchand Mangaldas advi...

Bangalore-based fin-tech startup Findeed Solutions, has raised seed funding from Venture Highway, Anicut Angel Fund and First Cheque. The startup is expected to use the capital for hiring fresh talent across profiles and fueling business growth, as reported by The Economic Times . Sarvaank Associate...

[Ministry of Railways-owned RailTel will launch its IPO on February 16 this year. The share sale, which will end on February 18, will be priced at Rs 93 to Rs 94 per equity share. The minimum market lot size for the IPO is 155 shares, where an individual investor can apply for up to 13 lots (2015 sh...

Inflexor Ventures, a deep-tech VC, has invested an undisclosed amount in content translation platform, Vitra.ai, as a part of its DeepTech Fellowship Programme with Venture Capital firm 100X.VC. — Yourstory With the investment, it is expected that Vitra.ai’s unique global market offering will help e...

Bangalore-based private equity boutique Lexygen, set up in 2006 by Vijay Sambamurthi, has pledged to donate $150,000 worth of free legal advice to start-ups hit by the pandemic and NGOs (especially those in the healthcare and health-tech space) on a first-come-first-serve basis.

Bengaluru-based Tatva Legal co-founding partner Manav Nagaraj will be joining Shardul Amarchand Mangaldas (SAM) with his team, including partner Bhargava KS, we have reliably learned.

“IndoSpace, an Industrial real estate and logistics parks’ developer, has entered into a joint venture with ’ wholly-owned subsidiary Model Economic Township Limited (METL) to develop a logistics park in Farukhnagar in Haryana.” as per the report by The Economic Times . Post acquisition, Model Econo...

On Monday, the Competition Commission of India (CCI) tweeted that it had “received the first green channel combination pertaining to the acquisition of the Essel Mutual Fund by an entity forming a part of the Sachin Bansal Group.” The green channel is a speedier approval route for mergers and acquis...

ZF Friedrichshafen AG has successfully completed acquisition of commercial vehicle technology supplier WABCO Holdings on May 29, 2020, according to the press release by ZF Friedrichshafen AG and reports . The transaction involved ZF acquiring all the outstanding shares of WABCO at $136.50 per share ...

Krishitantra, a soil-tech platform, has raised $1 million (Rs 7.6 crore) in its seed round of funding from agritech-focused venture capital investor Omnivore and Nabventures. Nabventures is anchored by Nabard (National Bank for Agriculture and Rural Development). It has other investors as well. The ...

Intra-city bus shuttle operator Cityflo has raised funding from People Group founder Anupam Mittal and venture capital firm India Quotient… Mumbai-based Komorebi Tech Solutions Pvt. Ltd, which operates Cityflo, received the investment over the course of the past two months, one of the people cited a...

metadesc: Khaitan & Co advised Aditya Birla Fashion and Retail Limited led by its core team comprising partners Arindam Sarkar , Suhana Islam Murshedd , Shourya Sengupta and Sneh Lata with assistance from their due diligence team, senior associate Riya Dutta and associate Anwesha Sinha . Intell...