Multiples PE-backed Quantiphi, IAN bet on Transcell Biologics
Transcell Biologics, a Hyderabad-based biotech startup, has raised funding from artificial intelligence company Quantiphi Inc and Indian angel investment network IAN Group. The company said in a statement the investment would help it expand its client base and implement the Digital Animal Replacement Technology (DART) for the biotech and pharmaceutical industry. It ......
PE-backed Vastu Housing Finance secures $50 mn from US development financier
Vastu Housing Finance has received a loan of up to $50 million from United States International Development Finance Corporation (USDFC) in the form of external commercial borrowings, for a tenure of 20 years. The company will utilise the loan to enhance credit access for low income borrowers and enable women’s home ownership ......
Alpino ropes in Shilpa Shetty as investor, Venttup bags early-stage funding
Healthy foods brand Alpino and Manufacturing as a Service (MaaS) startup Venttup raised early-stage funding, the companies said on Monday. Alpino Alpino, a healthy foods brand, has announced Bollywood actor Shilpa Shetty as its brand ambassador and key investor. With this, it raised $1.2 million (over Rs 10 crore) in its maiden ......
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 ......
Grapevine: Temasek nears VFS stake deal; LG Electronics taps banks for India IPO
Temasek Holdings Pte is nearing a deal to acquire a significant minority stake in VFS Global, valuing the visa outsourcing firm at around $7 billion, including debt, a media report said. The Singapore state-owned investor is expected to purchase about 20% of the company, which is majority-owned by Blackstone Inc., Bloomberg reported, citing people ......
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 ......
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