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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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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

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

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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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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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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

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

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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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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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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 ......