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L Catterton Asia and Former HUL CEO Sanjiv Mehta Form a Consumer-Focused India Joint Venture
L Catterton is strengthening its ties to India by forming a new India consumer-focused joint venture with Sanjiv Mehta.
Alteria Capital Closes Its Third Venture Debt Fund at USD 195 Mn
In order to address the operating capital requirements of startups, Alteria Capital has a twin scheme strategy for its third fund, which consists of a venture debt scheme and a shorter duration scheme.
Tata Passenger Electric Mobility And HPCL Partner To Optimize EV Charging Infrastructure
The two companies are also exploring the introduction of a convenient payment system through a co-branded RFID card, which will make the charging experience hassle-free.
Mumbai Becomes Asia's Billionaire Capital; Mukesh Ambani Tops India's List
Hurun India reported on March 26 that 94 new Indians have joined the global billionaires list, bringing the total number of billionaires in the nation to 271 with a combined USD 1 trillion worth.
Nikhil Kamath, The Gauri Khan Family Trust, John Abraham Invest USD 10 Mn in Specialty Coffee Brand Subko
With the money raised, the Mumbai-based startup hopes to expand its talent pool, create tech-enabled customer experiences, support R&D for products and designs, upgrade farm-level infrastructure for premium cacao beans and specialty green coffee, and introduce new "ready to drink" coffee products.
JustDeliveries Raises USD 1 Mn from NABVENTURES Fund, FAAD Network, and Other
With the raised funds, the Mumbai-based platform hopes to establish operations in Hyderabad and expand its logistical networks to Bangalore, Mumbai, Pune, and the National Capital Region.
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