Team VS

DOMS Industries Limited, a brand that specializes in stationery and art materials, has acquired a 51.77% equity stake in Uniclan Healthcare Private Limited, a brand that specializes in infant diapers, wipes, and other baby hygiene products.

A microbreweries-focused fund, valued at Rs 200 crore, has been initiated by investment firm Optimistic Capital. Investors have the opportunity to capitalize on the expanding microbrewery sector in India by investing in the fund, which concentrates on key markets such as Bengaluru, Hyderabad, and Pune.

Kapiva, a D2C ayurvedic nutrition brand that is locally produced, has secured Rs 83.5 crore (approximately $10 million) in funding. The round was led by OrbiMed Asia, with the participation of 3One4 Capital and Vertex Ventures.

Acru, a Bengaluru-based startup that specializes in investment infrastructure for Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs), has been acquired by Stockal, a global B2B2C investing platform, for an undisclosed sum.

Sharang Shakti, a defense robotics startup, has completed a pre-seed funding round that was jointly led by AUM Ventures and Venture Highway. The JK Group's Family Office and other angel investors also participated. The round secured Rs 5 crore.

Redcliffe Labs, an omnichannel diagnostics service provider, is preparing to acquire Celara Diagnostics, which will be the company's second acquisition in the diagnostics sector this year.

SpiceJet, a domestic carrier, announced on Monday that it has successfully raised Rs 3,000 crore through a Qualified Institutional Placement (QIP).

Preetpal Singh has been appointed as the Group Managing Director of Product & Platform Engineering at Xebia, a prominent global IT and software consultancy company.