IndusLaw's M Arun Kumar, Chowdhury switch to JSA with their teams
JSA Advocates and Solicitors has roped in two partners from IndusLaw, along with their team of several lawyers, to help strengthen its infrastructure practice at Gurugram and Hyderabad. M. Arun Kumar will take charge of JSA’s Gurugram office with a team of seven attorneys and Deepak Chowdhury will join the law firm’s ......
Equirus Capital buys into insurance broking firm
Financial services firm Equirus Capital has received regulatory approval to acquire a stake in an insurance broking firm, as it looks to increase its exposure to the segment it entered three years ago. Equirus said Friday it will buy the stake in Mumbai-based Raghnall Insurance Brokers. It didn’t disclose any financial terms ......
Blume-backed Optimo Loan may tap new international investor in fresh fundraise
Small business-focused lending startup Optimo Loan, which was launched by Easemytrip’s co-founder Prashant Pitti and is backed by venture capital firms Blume Ventures and Omnivore, is planning a second round of fundraising with a new investor also set to join its cap table, a person familiar with the matter said. The ......
MENA Digest: UAE’s SaaS startup Seez leads funding activity this week
UAE-based automotive SaaS startup Seez led fundraising activity in the Middle East and North Africa (MENA) region this week, as it secured growth capital funding from several international investors to expedite its geographical expansion plans. Besides, Algerian ed-tech startup LabLabee and Saudi vacation property rental startup Darent secured seed funding, ......
VC-backed Astrotalk doubles FY24 revenue, eyes repeat performance
Astrotalk, backed by New York-based venture capital firm Left Lane Capital and domestic growth-stage investor Elev8 Venture Partners, is aiming to double its revenue in the current financial year ending March 2025, after a similar topline performace last fiscal, a top executive told VCCircle. The Delhi-based startup reported a 2.3x jump in ......
CDPQ’s real estate arm exits India warehousing assets for $29 mn
The real estate arm of Caisse de dépôt et placement du Québec (CDPQ), one of Canada’s largest pension funds, has agreed to divest its stake in three warehousing assets in India. The real estate investor, Ivanhoé Cambridge, is selling its stake in the warehousing assets to Mumbai-based partner Macrotech Developers Ltd. ......
Hacker uses Telegram chatbots to leak data of PE-backed insurer Star Health
Stolen customer data including medical reports from India's biggest health insurer, Star Health, is publicly accessible via chatbots on Telegram, just weeks after Telegram's founder was accused of allowing the messenger app to facilitate crime. The purported creator of the chatbots told a security researcher, who alerted Reuters to the issue, ......
Exclusive: FIFA likely to acquire stake in partner host broadcast company
The Fédération Internationale de Football Association (FIFA), the global football governing body, is set to acquire a 50% stake in its Switzerland-based specialist host broadcast organization, VCCircle has gathered. Zurich-headquartered FIFA, which organizes international football tournaments including the FIFA World Cup and the FIFA Women's World Cup, will acquire the stake ......
EQT to acquire Brookfield-controlled IndoStar's housing finance unit
Private equity firm EQT has inked a deal to acquire a 100% stake in affordable housing finance company IndoStar Home Finance for Rs 1,750 crore, or $209.5 million, from its parent company, IndoStar Capital Finance. IndoStar Capital is controlled by Canadian alternative investment firm Brookfield Asset Management Inc. Brookfield acquired a majority ......
Oorja Energy, Jiraaf backer Capital A floats second VC fund
Capital A, a venture capital firm led by Ankit Kedia, who was previously the promoter and director at plastic packaging solutions Manjushree Technopack Ltd, has floated its second fund. The firm, which focuses on early-stage investments, has filed its papers with Securities and Exchange Board of India (SEBI) for a category ......
Recommended for you
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News