India Digest: Ummeed, Sequretek raise funds; IIFL Wealth buys Altiore; Netlink sells exhibition biz

In the latest startup funding, Ummeed Housing Finance has raised $10 million in a Series C round of funding from global impact investor LGT Impact and Lok Capital. In the M&A space, IIFL Wealth Management has acquired Bengaluru-based fintech company Altiore Advisors while Netlink Solutions is selling its exhibition business to the Indian subsidiary of Messe Frankfurt Exhibition GmbH.