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- Indexed articles, last 90 days
- 66
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- Sep 30, 2026
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- Jul 21, 2026
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DPI takes centre stage as Indian PE firms navigate exit challenges (opens the original)
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India’s private equity market is increasingly focused on turning growth into exits and returns for limited partners (LPs), as fund managers face slower large exits and greater pressure to distribute capital, panellists said at the 11th edition of the Asia PE-VC Summit in Singapore last week. In a discussion titled ‘India PE has won the growth argument. Can it now return capital?‘ speakers said distributions to paid-in capital (DPI) remain a key concern in the country. They pointed to public mark
India: AceVector raises $20m from anchor investors ahead of IPO (opens the original)
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AceVector, the parent company of Snapdeal, Unicommerce and Stellaro Brands, has raised nearly $20 million (Rs 189 crore) from anchor investors ahead of its initial public offering (IPO), Entrackr reported. The company allotted 5.91 crore shares at Rs 32 apiece, the upper end of its IPO price band, to 14 anchor investors on September 24, a day before the issue opens for public subscription. Negen Undiscovered Value Fund received the largest allocation, with shares worth nearly Rs 40 crore. Singul
India: Zelio E-Mobility to raise $17.5m via preferential issue (opens the original)
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Electric two- and three-wheeler maker Zelio E-Mobility is raising up $17.5 million (Rs 168 crore) through a preferential issue of equity shares and convertible warrants, according to a company announcement on Friday. The company’s board has approved the proposed fundraise, which is subject to shareholder approval, in-principle approval from BSE and other statutory and regulatory clearances, the company said in a press statement. The BSE SME-listed company plans to issue up to 9.73 lakh equity sh
India: AI startup Ema raises $77m Series B funding led by Creaegis (opens the original)
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Bengaluru-based Ema, an enterprise platform for agentic AI Employees, has raised $77 million in its Series B funding round led by Creaegis. The funding also saw participation from Accel, S32 and Prosus, the company said in a statement. Ema will use the funding to scale its go-to-market operations, with several senior leaders already hired, and continue investing in its platform, said the statement. “Enterprises do not need more software. They need work to get done,” said Surojit Chatterjee, CEO
India: Hughes Precision raises over $26m to expand ammunition manufacturing (opens the original)
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Hughes Precision Manufacturing, a private-sector ammunition manufacturer, has raised more than $26 million (Rs 250 crore) through a combination of primary and secondary investments from family offices and ultra-high-net-worth individuals (UHNIs). The investment will support the company’s next phase of growth, including the expansion of its existing small-calibre ammunition manufacturing capacity from approximately 80 million rounds to 220 million rounds, it said in a statement. A significant por
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