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

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. 

 Realty PE firm Nisus Finance to tap into redevelopment projects

Swet Sarika

Mumbai-based real estate investment firm Nisus Finance Services Co Pvt.

 Exclusive: Bombay High Court rules in favour of Tata Capital in contempt case

Maulik Vyas

The Bombay High Court has pronounced its verdict in a case where Tata Capital Financial Services Ltd (TCFSL) had accused Madhucon Infra Ltd of failing to keep aside Rs 25 crore from the proceeds of a majority stake sale to a private equity company, despite agreeing to do so in a consent order.

Deutsche Telekom's venture fund leads $4.1 mn round in Roambee

Dearton Thomas Hector

Mumbai and Silicon Valley-based Roambee Services India Pvt Ltd, which runs logistics solutions provider Roambee, has raised $4.1 million in a Series B round of funding, co-founder and chief executive Sanjay Sharma told Techcircle.