Dr. Reddy’s Labs legal director joining top chocolate maker
A former regional general counsel and legal director of domestic pharmaceutical company Dr. Reddy's Laboratories Ltd is joining the legal team of a confectionery, food and beverage firm, a person familiar with the development told VCCircle.Ranabir Basu is joining Mondelez India Foods Pvt. Ltd as senior counsel. Basu will report ......
Blume leads investment in deep-tech startup Ethereal Machines
Ethereal Machines Pvt. Ltd, a deep-tech startup focused on the manufacturing industry, has raised $1 million (about Rs 7 crore)...
Vishnu Varshney Steps Down As GVFL MD & CEO; Mihir Joshi Is Interim MD
Vishnu Varshney, the long-time MD & CEO of Gujarat Venture Finance Ltd (GVFL), has stepped down from his current role, VCCircle has learned. Mihir Joshi, the vice president & company secretary, has been appointed as as the interim MD of the Ahmedabad-based venture capital firm. Joshi confirmed this development to ......
Health-tech platform Phable collects pre-Series A cheque
Early-stage investor Inflection Point Ventures has led a $1 million (Rs 7.5 crore) pre-Series A round of funding in mobile-first...
Cloudnine raises fresh private equity funding
Cloudnine Hospitals has received fresh private equity funding and has mandated an investment bank to arrange a larger round that...
No bubble, but ’oversupply’ of early-stage capital: Blume Ventures’ Sanjay Nath
Seed investor Blume Ventures has been one of the more prolific early-stage VC firms in India, figuring in the top charts for two year running (click here and here). However, it was virtually absent in terms of fresh investments last year, as its maiden fund of under $30 million neared ......
GVFL Raises Rs 100 Cr For Rs 250 Cr Fund; To Get Rs 60 Cr More
GVFL Ltd, which is currently raising its SME Technology Venture Fund with a target of Rs 250 crore, has achieved first close at Rs 100 crore. The fund will get another Rs 60 crore in next few months, the firm's interim Managing Director Mihir Joshi said in an interview to ......
SEBI eases pricing norms for preferential share allotment
The Securities and Exchange Board of India (SEBI) on Thursday temporarily relaxed the pricing methodology for share allotment...
Paytm elevates Kiran Vasireddy as COO of payments business
One 97 Communications Ltd, which operates Paytm, has appointed Kiran Vasireddy as the chief operating officer of its payments business.Vasireddy will be overseeing all product and business functions of the payments division in line with Paytm’s growth plans of bringing 500 million Indians into the mainstream economy, a company statement ......
PremjiInvest inhales controlling stake in aroma chemicals company BVC
PremjiInvest, the family investment office of Wipro Ltd founder chairman Azim Premji, is acquiring a controlling stake in Baroda-based...
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