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Aman Malik

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NIIF set to bring offshore LP on board for new $1 bn fund to back PE/VC firms

Finance

16 April, 2024

NIIF set to bring offshore LP on board for new $1 bn fund to back PE/VC firms

The Indian government-backed alternative investor National Investment and Infrastructure Fund (NIIF) is set to tap an offshore limited partner (LP) ......

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Hong Kong clothing firm Epic Group taps overseas investor for India expansion

Manufacturing

16 April, 2024

Hong Kong clothing firm Epic Group taps overseas investor for India expansion

Hong Kong-based apparel manufacturer Epic Group Holdings Ltd, which is planning to set up its first garment factory in India, ......

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VC-backed Aye Finance set to secure $30 mn in fresh capital

Finance

16 April, 2024

VC-backed Aye Finance set to secure $30 mn in fresh capital

Aye Finance, a non-banking finance company (NBFC), is set to raise $30 million (about Rs 250 crore) in fresh capital from ......

I Squared Capital's India city gas platform gets $370 mn from Japanese consortium

Infrastructure

15 April, 2024

I Squared Capital's India city gas platform gets $370 mn from Japanese consortium

A consortium of investors led by Japan’s Sumitomo Corporation is set to invest $370 million for a minority stake in an ......

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Eversource to get a cheque from existing LP for smart metering platform

Infrastructure

09 April, 2024

Eversource to get a cheque from existing LP for smart metering platform

Climate-focused alternative investment firm Eversource Capital is set to receive funding from one of its existing limited partners for its ......

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Apple's Chinese supplier Lingyi taps foreign investor for India expansion

Manufacturing

04 April, 2024

Apple's Chinese supplier Lingyi taps foreign investor for India expansion

An Indian step-down subsidiary of Chinese consumer electronics component maker Lingyi iTech (Guangdong) Co Ltd is set to raise as much as ......

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Spotlight: Can GIP-owned Ascend Telecom hold its ground in a duopolistic sector?

Infrastructure

04 April, 2024

Spotlight: Can GIP-owned Ascend Telecom hold its ground in a duopolistic sector?

Last year, US-based private equity firm Global Infrastructure Partners (GIP) stitched a bolt-on deal in India through its portfolio company ......

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Former Goldman Sachs India head, others back solar power company

Infrastructure

02 April, 2024

Former Goldman Sachs India head, others back solar power company

A clutch of investors, including a former Goldman Sachs India head, have backed a solar energy company that is looking ......

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Don't see any frothiness in climate sector valuations: Eversource's Dhanpal Jhaveri

Finance

01 April, 2024

Don't see any frothiness in climate sector valuations: Eversource's Dhanpal Jhaveri

Eversource Capital, a joint venture of Indian private equity firm Everstone Capital and the UK-based Lightsource BP, raised $741 million ......

IndiGrid backer GIC teams up with Sterlite for another power transmission platform

Infrastructure

28 March, 2024

IndiGrid backer GIC teams up with Sterlite for another power transmission platform

Singapore sovereign wealth fund GIC has tied up with Vedanta Group company Sterlite Power to form a new platform to ......