Bullish James Murdoch sets up first Mumbai office

Bullish James Murdoch sets up first Mumbai office

James Murdoch , younger son of media mogul Rupert Murdoch , has set up the first office outside the US for his new investment firm, Lupa Systems, in Mumbai. It will be led by his former associate Nitin Kukreja, who said, “James has always been bullish on India. It’s a...
Naspers Is Said to Eye Fintech Deals in $1 Billion India Push

Naspers Is Said to Eye Fintech Deals in $1 Billion India Push

Naspers, Africa’s largest company, based on market value, is gearing up to spend $1 billion in India in the form of investments focused on the financial technology market. According to a report in Bloomberg, citing people familiar with the matter, Naspers is looking...
Spain’s Puig makes India entry with investment

Spain’s Puig makes India entry with investment

Spanish fashion and fragrance company Puig SL has marked its entry into India by picking a minority stake in private equity-backed Kama Ayurveda Pvt. Ltd. Puig will infuse Rs 100 crore ($14.4 million at current exchange rate) as part of the transaction and will have...
Matrix, Sauce VC back with $1 million round

Matrix, Sauce VC back with $1 million round

Matrix partners and Sauce VC have teamed up to invest $1 million in &Me, a food and beverage brand founded by Stanford business school alumnus Ankur Goyal. The investors have subscribed to new shares in &Me’s parent company Merhaki Foods and Nutrition, RoC...
$50 million-AET Fund to invest in startups in India, US

$50 million-AET Fund to invest in startups in India, US

With an initial corpus of USD 50 million aimed at investing in India and the US, the fund seeks to create unique values in content, media and entertainment space. NEW DELHI: Akatsuki Entertainment Technology Fund (AET Fund) Wednesday said it would invest in startups...