Updater Services raises $15 mn from Motilal Oswal Private Equity

February 27, 2017 | Bruhadeeswaran R

Chennai-based integrated facilities management services firm Updater Services Pvt. Ltd (UDS) has raised Rs 100 crore (around $15 million) from MOPE Investment Advisors Pvt. Ltd in return for a minority stake, it said in a statement.

Exclusive: Peepul Capital seeks to exit water treatment solutions firm

February 14, 2017 | Debjyoti Roy & Ranjani Raghavan

Private equity (PE) firm Peepul Capital is looking to sell its entire stake in one of its portfolio firms nearly seven years after making the investment, two persons privy to the development told VCCircle.

Exclusive: Updater Services in late-stage talks with PE firm for fundraise

January 13, 2017 | Bruhadeeswaran R & Ranjani Raghavan

Chennai-based integrated facility management services firm Updater Services Pvt. Ltd (UDS) is in the final stages of talks to raise a fresh round of equity capital, two persons close to the development told VCCircle. 

How much will India have to spend to meet its urban housing needs?

September 15, 2016 | Keshav Sunkara

India will likely spend between Rs 5 trillion and Rs 7.5 trillion ($75-110 billion) in constructing houses and other infrastructure for its burgeoning numbers of city dwellers between 2016 and 2020, according to a report released jointly by KPMG and the National Real Estate Development Council (N

Exclusive: EnCashea raises funding from Kunal Shah, others; in talks to buy smaller rival RaddiMan

August 23, 2016 | Binu Paul

Bangalore-based scrap collection and recycling startup EnCashea has raised an undisclosed amount in seed funding from FreeCharge co-founders Kunal Shah and Sandeep Tandon, Tracxn Labs and a group of unnamed investors.

Exclusive: SIS to buy TVS Capital-controlled Dusters Total Solutions Services

August 11, 2016 | Bruhadeeswaran R

CX Partners-backed Security and Intelligence Services (India) Ltd (SIS), a New Delhi-based security solutions and business support services provider, is close to acquiring facility management company Dusters Total Solutions Services Ltd (DTSS), t

Exclusive: TVS Group’s logistics arm invests in bus operating firm

August 08, 2016 | Debjyoti Roy

TVS Logistics Services, part of the Chennai-based TVS Group, has invested in a Pune-based bus-operating firm, a person privy to the development told VCCircle.

Exclusive: Water treatment solutions firm Aquatech raises stake in arm

August 03, 2016 | Debjyoti Roy

Aquatech Systems, a global water and wastewater technology provider for the industrial and infrastructure markets, has increased its stake in a subsidiary based in India, a person privy to the development told VCCircle.

Exclusive: Waste management startup ExtraCarbon to raise $225K from Brand Capital, others

August 03, 2016 | Nishant Sharma

Gurgaon-based waste management firm ExtraCarbon is set to raise Rs1.5 crore ($225,000) in a round led by Brand Capital, the ad-for-equity investment arm of Bennett Coleman & Co. Ltd (BCCL), a person privy to the development told VCCircle.

Exclusive: Scrap collector Kabadiexpress gets seed funding

June 24, 2016 | Disha Sharma

Kabadiexpress, a startup which collects scrap from homes and offices and sells it to recycling plants, has raised Rs 1 crore (about $147,000) from a Delhi-based affluent individual in the real estate segment, co-founder Kapil Bajaj told TechCircle.