Seedfund raises $30 Mn fund
Seedfund, an early-stage venture capital fund founded by Pravin Gandhi, is looking to raise its second fund with a corpus of $30 million.
IDG to float second India fund of $300 Mn
IDG Ventures India, the Bangalore-based early-stage venture capital firm plans to raise a second India-specific fund of $300 million.
Allied Digital acquires U.S. firm for $30 Mn
Allied Digital Services, which provides information technology infrastructure management services, has acquired a majority interest in the Los Angeles-headquartered En Po...
Ruia Group acquires British auto component firm
The Kolkata-based Ruia Group, which has a controlling interest in tyre maker Dunlop India, has acquired British auto component manufacturer Schlegel Automotive Europe, ac...
Best Group to set up JV with European firm
India's Best Group Tuesday announced it would set up a joint venture with Koki Technik Transmission Systems, one of the leading manufacturers of gear shift components in ...
FCS Software to allot convertible warrants
At an extraordinary general meeting, the members of FCS Software Solutions, have accorded the company board to allot 25,00,000 convertible warrants on preferential placem...
National Housing Bank to raise $2.6 Bn this fiscal
National Housing Bank (NHB) would raise Rs.110 billion ($2.6 billion) during the current fiscal to fund the housing industry, said a top official here Friday.
Central Bank of India to raise Rs.6 Bn for capital base
The Central Bank of India plans to raise Rs.5 billion to Rs.6 billion in the current fiscal to boost its capital base, a top official said here Monday.
KZen Equities launches operations in India
KZen Equities, an Indian private investment advisory, launched its operations here Tuesday. The firm will help Indians invest outside the country in select global equity ...
Intelligent Energy completes $13.6 Mn funding
Leading clean power systems company Intelligent Energy has raised $13.6 million from a recent round of private funding.