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Happiest Minds Tech to buy 100% in US-based Aureus Tech for $8.5 mn

New Delhi, May 9 -- Indian IT services firm Happiest Minds Technologies is set to acquire a 100% stake in the US-based digital product engineering firm Aureus Tech Systems, as stated in an exchange fi... Read More


Happiest Minds Technologies to acquire US firm Aureus

New Delhi, May 9 -- Indian IT services firm Happiest Minds Technologies Ltd has agreed to acquire a 100% stake in the US-based digital product engineering firm Aureus Tech Systems, LLC. The deal is e... Read More


Carlyle-backed Indegene's IPO gets bumper response; Aadhar Housing, TBO Tek make slow start

New Delhi, May 8 -- Three companies that are backed by private equity investors hit the market this week, with two launching their bids on Wednesday and one seeing a spectacular response from investor... Read More


Kedaara Capital makes a quiet exit. Did it make any money?

New Delhi, May 8 -- Private equity firm Kedaara Capital has sold its entire stake in a pharmaceutical company, marking an exit from its maiden investment in the sector after a relatively short holding... Read More


SaaS firm Zaggle re-appoints Godkhindi as CEO, MD

New Delhi, May 8 -- Zaggle Prepaid Ocean Services Ltd, which operates the listed software-as-a-service (SaaS) fintech startup Zaggle, Wednesday said it has re-appointed Avinash Ramesh Godkhindi as the... Read More


Myelin Foundry, Atomgrid secure early-stage funding

New Delhi, May 8 -- Deeptech startup Myelin Foundry and chemical manufacturing firm Atomgrid secured early-stage funding, the companies said on Wednesday. Myelin Foundry Myelin Foundry has raised $4... Read More


Valar Ventures-backed Simpl lays off 100 employees, sets timeline to turn profitable

New Delhi, May 8 -- Valar Ventures-backed buy-now-pay-later platform Simpl has laid off nearly 100 employees across verticals as part of cost-cutting measures, people aware of the development told VCC... Read More


Carlyle-backed Quest Global acquires People Tech Group

New Delhi, May 7 -- Private equity major Carlyle-backed product engineering services company Quest Global has acquired a majority stake in enterprise resource planning (ERP) solutions provider People ... Read More


PE firm Admaius Capital expands leadership team with focus on Egypt

New Delhi, May 7 -- Admaius Capital Partners, a Rwanda-based private equity firm with a pan-Africa focus, expanded its leadership team by appointing a fourth managing director as it scouts for more op... Read More


IndusLaw promotes seven lawyers to partnership

New Delhi, May 7 -- Full-service law firm IndusLaw has elevated seven of its principal associates to partnership at its offices in Mumbai, Bengaluru and New Delhi. The newly-elevated partners include... Read More