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VERTEX HOLDINGS
Kissht makes stock market debut at 12% premium over IPO priceDigital lending firm Kissht debuted on the BSE at a premium. The company's shares opened at Rs 191, climbing to Rs 208 by market close. Thi...- Advanced economies drive surge in India remittancesThis diversification has reduced dependence on any single region and enhanced financial resilience.
- Tech-led retailer Ace Turtle raises $5 million in round led by existing investor Vertex HoldingsCo-founders Berry Singh and Nitin Chhabra participated in the bridge round. The company, which operates denim brands Lee, Wrangler, and G-S...
- Vertex Ventures makes final close of Fund V at $541 millionThe firm, backed by Temasek, said the latest fund is 80% larger than Fund IV, which it closed at $305 million in 2019.
- Licious closes $30 million funding round led by Vertex Growth FundThe announcement comes a week after ET, citing sources, had reported that the four-year-old company, founded by Abhay Hanjura and Vivek Gup...
- Vertex Ventures makes first close of Southeast Asia and India-focused Fund-IV at $230 millionThe Temasek-backed SE Asia and India-focused fund is targeting a hard cap of $280 million for its latest fund.
- Active.Ai raises over $8 million in Series-A roundThis full-stack solution has been built ground-up and comprises machine learning, natural language processing and natural language generati...
- Active.Ai raises $8.25 million from Vertex Ventures and othersThe round also saw the participation of its existing investors Kalaari and IDG Ventures. After the funding round Ben Mathias, managing part...
- Vertex Ventures makes final close of South-East Asia & India-focused Fund-III at $210 millionTemasek, through Vertex Venture Holdings, has been the sole backer in both of Vertex’s investment vehicles for the region.
- Temasek’s Vertex ventures to raise $150-180M southeast Asia fundIn response to ET’s queries, Vertex Ventures said that it is currently in its silent period and will not be able to comment on the developm...
- IoT-based co Flutura Business Solutions raises Rs 50.13 crFlutura specialises in decision analytics for the energy and engineering sector, leveraging the industrial IoT technology and counts Henkel...
- US PE firm Oak Hill exits Vertex IndiaOak Hill Capital had bought Vertex Group, the holding company for Vertex India, for $426 million in 2007.
- Vertex Venture names Ben Mathias as its new India headMathias replaces Ajay Lakhotia, who quit the storied venture capital firm earlier this month to start his own investment entity.
- GVK's three promoters sell 3 crore shares to another promoterThree promoters of GVK Power & Infrastructure have together sold 2.99 crore shares for nearly Rs 27 crore to another promoter group entity.
- GVK Power and Infrastructure Ltd promoter to raise stakeThe promoter will buy 10 crore equity shares or 6.33 per cent stake, in the company at market price, GVK Power & Infrastructure Ltd said in...
- FirstCry gets $26 million funding from Valient Capital PartnersUS-based hedge fund Valient Capital Partners has invested $26 million (over Rs 160 crore) in FirstCry, an online portal for baby and kids p...
- Firstcry.com's offline store count reaches 100-markThe brand pursues what is known as the 'kiosk innovation model', where buyers can browse through the inventory and order online as a part o...
- Babycare portal First-Cry gets Rs 92 cr from Temasek armThe equity investment was led by Vertex Venture Management, a subsidiary of Singapore’s staterun investment company Temasek Holdings.
- Orange transfers multi-million dollar contract to ExlServiceUK-based telecom major Orange has moved its multi-million dollar contract with Gurgaon-based BPO firm Vertex to Nasdaq-listed ExlService Ho...
- Quatrro, Capita in race to acquire LiberataIt’s another global BPO acquisition in the offing and this time the target is one of the largest UK-based outsourcing companies, Liberata.
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