Cyril Amarchand Mangaldas hires former Trilegal exec for corporate practice
Cyril Amarchand Mangaldas (CAM) continues its hiring spree. It has roped in Rohan Ghosh Roy as an equity partner in its corporate practice. It would be its seveth partner level hire fom August. He will be based in the Mumbai office. Ghosh graduated from NUJS, Kolkata in 2008 and completed his ......
Insurtech startup Onsurity raises $45 mn in Series B round
Onsurity Technologies, which operates an eponymous insurtech startup, has concluded its $45 million Series B round, led by private equity firm Creaegis. The round also saw continued support from existing investors, including International Finance Corporation, Quona Capital and Nexus Venture Partners. The company will utilise the funding to launch new digital offerings ......
Milky Mist plans IPO after failed PE funding talks
South India-based dairy brand Milky Mist is planning to make a stock market debut by early next year after its talks to raise funding from one of the oldest private equity firms in the country fell apart, two people privy to the development told VCCircle. Milky Mist had been engaged in discussions ......
Harshila Gujar's Guide in Building Strong Relationships with Diverse Suppliers
In today’s competitive business landscape, optimizing supplier diversity processes has become essential for organizations aiming to enhance inclusivity and drive sustainable growth. Embracing diverse suppliers not only fosters a more equitable supply chain but also opens avenues for innovation and community engagement. The implementation of effective supplier diversity strategies ensures ......
SoftBank-backed Delhivery locks horns with Warburg-backed Ecom Express over IPO filing
SoftBank-backed logistics company Delhivery on Friday accused Warburg Pincus-backed rival Ecom Express of providing misleading data in its draft initial public offering (IPO) prospectus. In a filing to stock exchanges, Delhivery, which is also backed by Nexus Venture Partners, Canada Pension Plan Investment Board (CPPIB), Alpha Wave Ventures, and Steadview Capital, claimed ......
Newmi Care, Futwork raise early-stage funding, eye expansion
Contact center solutions provider Futwork and women health-focussed platform Newmi raise early-stage funding for expansion, companies said on Friday. Newmi Newmi Care, a full-stack outpatient care platform and clinic focussed on women's health and wellness, has raised $1.5 million in a seed funding round led by Sprout Venture Partners. The round also saw ......
Playbook Partners marks first close of maiden fund
Playbook Partners, a growth-stage focused investment firm set up by founding partner of Pivot ventures Vikas Choudhury, has marked the first close of its maiden fund launched earlier this year. The alternative investment fund had received approval from market regulator Securities and Exchange Board of India in December last year. It ......
Grapevine: Torrent may buy into CVC-backed Gujarat Titan; Alkem gets PE suitors
Ahmedabad-based Torrent Group has reached an informal agreement with CVC Capital Partners to acquire a majority stake in Indian Premier League (IPL) franchise Gujarat Titans after the ownership lock-in period ends in February 2025, a media report said. Gautam Adani's Adani Group, initially a contender, has reportedly withdrawn from the race, The Economic Times reported, ......
Omnivore onboards offshore LP for third venture capital fund
Omnivore, an agritech-focused venture capital firm, has roped in an offshore limited partner for its third investment fund that has a target corpus of $175-180 million. The VC firm, which made the first close of the Omnivore Agritech & Climate Sustainability Fund last year at $150 million (about Rs 1,230 crore), has onboarded French firm ......
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