Reuters

Economy

Activity in India&#39;s dominant services sector contracted sharply in June as tighter restrictions to contain a resurgence of coronavirus cases ......

India's June services activity shrinks at fastest rate in 11 months

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Nitesh Kumar

Drone technology startup Airbound, SaaS startup Mushin Innovative Labs and cloud gaming platform OnePlay have raised early-stage funding, the companies ......

Airbound, Mushin Innovative Labs, OnePlay pocket funding cheques

Dilasha Seth

Finance

Evolvence India, a hybrid investment firm and backer of publicly-listed MamaEarth (Honasa Consumer) and venture capital firms such as Blume ......

Evolvence India hits the road for fifth fund, tweaks LP strategy

TEAM VCC

Healthcare

Private equity firm Rivendell PE, which was co-founded by Parag Saxena and Rajat Gupta, the former McKinsey chief who faced a ......

Rivendell PE marks another full exit with a haircut

Private equity firm Carlyle, which logged partial exit moves from two companies in India this year in the financial services sector and ......

Carlyle hits the sell button on another Indian bet eyeing juicy returns

Roshan Abraham

Rural lender SarvaGram Solutions Thursday said it has raised Rs 565 crore nearly ($67 million) in a Series D funding round, led ......

Peak XV leads SarvaGram's nearly $70 mn Series D round

Consumer

Blackstone has dropped plans to acquire a majority stake in the snacks business of India&#39;s Haldiram&#39;s but is now discussing purchase ......

Blackstone eyes 20% stake in Haldiram's at $8 bn valuation

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