Analysis
India accounted for nearly 60% of global equity derivative trading volumes in April.
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The service is currently live only in the national capital region and Bengaluru.
Deals
The funding will help Pico enhance its technological capabilities and expand operational footprint.
Renewbuy has secured $10m from existing investors Apis Partners and 360 One.
With the SWFs, Indonesia and the Philippines are creating a more structured landing pad for global capital.
Diageo said NAO Spirits has been part of the portfolio of its investment arm, Ventures.
IPOs & Markets
The unit of HDFC Bank aims to raise $1.5b from the public issue.
Some of the funds will be used to improve health and financial well-being of staff.
Venture Capital
Kuku FM is reportedly in talks to raise a $70-million round led by Granite Asia.
CLR Facility Services has raised $15 million funding from British International Investment.