Agritech startup Ecozen, which makes products that help enhance life and value of perishables has raised a total of $6 million funding to fuel its growth phase. — Hindu Business Line Desai & Diwanji advised repeat investor Omnivore India Capital Trust led by a team of partner Siddharth Mody and...

New York-based Encourage Capital has invested over Rs 100 crore ($14 million) in Electronica Finance Ltd (EFL) to fund the Pune-based lender’s expansion into the rooftop solar financing business. — VCCircle Desai & Diwanji advised Encourage Capital led by a transaction team of partner Aneesh Gu...

Premium beer brand White Owl on Thursday said it has raised Rs 40 crore funding led by IIFL India Private Equity Fund, and supported by its existing investors. According to the company, the new funds will be used to deepen White Owl’s presence in its existing markets, expand the brand’s presence to ...

Desai & Diwanji advised Atomberg Technologies Pvt Ltd and the promoters and A91 Partners an

Private equity firm CX Partners is picking up a majority 50.1 per cent stake in Dindigul Thalappakatti Biriyani for Rs 260 crore in what will be one of the largest investments in a local restaurant chain brand in India. The deal with the iconic Tamil Nadu restaurant, which started with just one outl...

Education technology startup 3rdFlix Visual Effects Pvt. Ltd has raised $5 million in a pre-series A investment round led by Exfinity Venture Partners, a top company executive said. — Mint Vertices Partners advised 3RDFlix Visual Effects led by a team of managing partner Vinayak Burman and associate...

Norwest Venture Partners announced that it has made a strategic investment in SmartSign, the nation’s leading online distributor of signs, labels and tags. SmartSign is headquartered in Brooklyn, New York and is led by Founder and CEO, Blair Brewster. Smartsign LLC has an Indian subsidiary, SmartSig...

Pune based digital lending company Loantap has raised $12 million in its series B round of funding led by Avaana Capital. The current round also saw participation from existing investors India Quotient, Shunwei Capital, Kae Capital, and 3One4 Capital.“LoanTap has created a strong technology backbone...

JLL Spark, the Silicon Valley-based venture capital arm of real estate consulting firm JLL, has invested an undisclosed amount in one of India’s largest flex-space technology platforms, Qdesq. This marks the property technology (proptech) focused fund’s first India specific investment. — Business St...

UK mid-market private equity firm Equistone Partners Europe has struck a deal to acquire the knowledge services arm of Moody’s. — PENews Cyril Amarchand Mangaldas handled the India leg of the deal for Equistone Partners Europe led by a team of managing partner Cyril Shroff and included partners Gaut...

Bangalore International Airport Ltd (BIAL), the operator of Kempegowda International Airport in Bengaluru, has achieved financial closure for its ₹13,352-crore infrastructure expansion that includes construction of Terminal 2 and associated projects. — Hindu Business Line Desai & Diwanji advise...

Oberoi Realty Ltd on Friday said it has bought around 60 acres of land in Thane, Maharashtra from GlaxoSmithKline Pharmaceuticals for nearly Rs 890 crore. In a regulatory filing, the Mumbai-based developer said “the company has successfully concluded the transaction with GlaxoSmithKline Pharmaceutic...

Billionaire BR Shetty’s Dubai-based group, owner of London-listed NMC Healthcare, has emerged as the highest bidder for debtridden SevenHills Hospital, multiple sources have confirmed to ET. Philanthropic initiative Reliance Foundation, investment bankers JM Financial, private equity player KKR and ...

Bellatrix Aerospace, an Indian Institute of Science incubated space-tech startup, has raised $3 million in a pre-Series A round led by IDFC-Parampara, StartupXseed, Karsemven Fund and Survam Partners (Suman Kant Munjal family office). — Hindu Business Line Desai & Diwanji advised IDFC Parampara...

“Nasdaq-listed Make-MyTrip has picked up a majority stake in internet-based corporate travel management company Quest2Travel (Q2T), the Gurgaon-based online travel major said on Tuesday, without disclosing the financial terms of the deal,” reported ET . Desai & Diwanji advised Quest2Travel .com...

Venture Capital investment by Fosun RZ Capital in Kredily, according to reports . [Fosun International] has also backed … Bengaluru-based Kredily, a software-as-a-service based human resources management tool that also works with SMEs. — The Economic Times Desai & Diwanji advised Fosun RZ Capit...

Pre-Series A round investment by Kalaari in AgNext Technologies by subscribing to equity shares and cumulative compulsorily convertible participatory preference shares, according to reports . Early-stage venture capital firm Kalaari Capital has bet on a startup in the agricultural technology segment...

Singapore-based Blue Planet Environmental Solutions has acquired Yasasu EMS, an organic waste processing company based in Mumbai. Yasasu manufacturers self-contained and compact digesters which the company claims can process one to five tonnes of organic waste such as leftover food, vegetable and fr...

Alternative investments group Samena Capital has taken a 35% stake in Bloom Hotels for Rs 100 crore valuing the company at Rs 330 crore in a series B investment round. Bloom, which has hotels in markets like Bengaluru, New Delhi, Gurgaon and Goa, plans to set up 100 hotels across South Asia, it said...

Patna-headquartered Green Agrevolution Pvt. Ltd, which operates online marketplace for farmers DeHaat, has raised Rs 20 crore in venture debt from Trifecta Capital. — Techcircle Desai & Diwanji advised Green Agrevolution Private Limited and its promoters, Shashank Kumar, Shyam Sundar Singh, Amr...