Ananta Capital acquired a 55% stake in Anveya Living for an undisclosed sum. D2C brands such as Anveya, Curlvana, ThriveCo, and others are housed within the organisation, which provides cosmetics and haircare solutions.
Ingenious Research Developed an artificial intelligence tool called "Divya Drishti" that combines facial recognition with physiological factors like the skeleton and gait of humans.
In partnership with Flipkart co-founder Binny Bansal, South Park Commons (SPC), an early-stage startup fund and technical community, has announced the launch of its first foreign site (outside the US) in Bengaluru.
Hyundai Motor, a major Korean automaker, plans to raise up to Rs 25,000 crore (about $3 billion) through an initial share sale (IPO) of about 17% of its Indian business. This could be India's largest issuance to date.
Suven Pharmaceuticals has reached a deal to purchase an all-cash investment in Sapala Organics for Rs 229.5 crore, which equates to 51% of the company's common capital.