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How a brokerage with no client trade was used as a front to run a $270 mn scam

Markets

10 April

How a brokerage with no client trade was used as a front to run a $270 mn scam

A brokerage that had received its licence in April 2023 was found to have been used as a front for ......

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Cedar Hill Capital's Sahil Anand on debut fund, AI-led investments, and more

Finance

13 April

Cedar Hill Capital's Sahil Anand on debut fund, AI-led investments, and more

“It's difficult setting up a first-time fund right now, but what has worked for us is building it on top ......

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GIC-backed Leap India Food woos another offshore investor to fund expansion

GIC-backed Leap India Food woos another offshore investor to fund expansion

Agri-infrastructure platform Leap India Food, in which Singapore's sovereign wealth fund GIC holds a significant ......

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Grapevine: upGrad, Sun Pharma, Blume, Qualcomm Ventures, others in news

General

10 April

Grapevine: upGrad, Sun Pharma, Blume, Qualcomm Ventures, others in news

Sun Pharmaceutical Industries is a step closer to buying US drugmaker Organon while edtech startup upGrad is witnessing ......

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Africa-focussed PE firm DPI elevates two partners to co-head PE business

People

09 April

Africa-focussed PE firm DPI elevates two partners to co-head PE business

Development Partners International (DPI), an Africa-focussed private equity firm that manages assets and co-investments ......

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Peak XV-backed Shipsy bets on AI to accelerate growth in FY27

TMT

10 April

Peak XV-backed Shipsy bets on AI to accelerate growth in FY27

Logistics SaaS platform Shipsy is preparing for a faster growth phase in the financial year ending March 2027, after ......

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Edelweiss Alts-backed highways InvIT whittles down IPO plans

Edelweiss Alts-backed highways InvIT whittles down IPO plans

An infrastructure investment trust (InvIT) managed by the alternative investment arm of the Mumbai-based Edelweiss Group......

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KreditBee's IPO plan gathers pace; may raise $380 mn

Finance

09 April

KreditBee's IPO plan gathers pace; may raise $380 mn

Bengaluru-headquartered digital lending platform KreditBee’s plans to go public have gathered pace, VCCircle has ......

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Laundry chain UClean doubles down on expansion, sharpens overseas play

Consumer

09 April

Laundry chain UClean doubles down on expansion, sharpens overseas play

Hyperlocal cleaning services firm UClean Concepts Solutions LLP is eyeing rapid expansion of its laundromat franchise ......

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Equirus' Ajay Garg on growth strategy for the PE fund and NBFC, and acquisition plans

Finance

10 April

Equirus' Ajay Garg on growth strategy for the PE fund and NBFC, and acquisition plans

Financial services firm Equirus Group, which has a strong presence across investment banking, wealth management and ......