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Aman Rawat

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Anicut Capital lands third limited partner for maiden equity vehicle

Finance

31 October, 2023

Anicut Capital lands third limited partner for maiden equity vehicle

Homegrown alternative asset management company Anicut Capital has received a fresh commitment for its maiden equity fund, Grand Anicut Fund ......

Rare Enterprises-backed IKS Health acquires US-based Aquity Solutions

Healthcare

31 October, 2023

Rare Enterprises-backed IKS Health acquires US-based Aquity Solutions

Healthtech platform IKS Health, backed by late veteran investor Rakesh Jhunjhunwala’s Rare Enterprises, has acquired clinical documentation service company Aquity ......

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Bottomline: Warburg-backed Imperial Auto revs up revenue growth, faces margin pressure

Manufacturing

31 October, 2023

Bottomline: Warburg-backed Imperial Auto revs up revenue growth, faces margin pressure

Imperial Auto Industries Ltd, an auto component maker controlled by US private equity firm Warburg Pincus, accelerated its revenue growth ......

WestBridge-backed Adda247 doubles revenue in FY23, eyes IPO in 2-3 yrs

Finance

27 October, 2023

WestBridge-backed Adda247 doubles revenue in FY23, eyes IPO in 2-3 yrs

Edtech startup Adda247 on Friday said it has more than doubled its revenue in the financial year that ended March 2023 as compared ......

Temasek-backed OneCard spent around Rs 2 to earn one rupee from operations in FY23

Finance

27 October, 2023

Temasek-backed OneCard spent around Rs 2 to earn one rupee from operations in FY23

Temasek-backed credit card startup OneCard saw its loss widen in the financial year through March 2023, despite an impressive jump ......

Ola Electric gets debt funding from SBI

TMT

26 October, 2023

Ola Electric gets debt funding from SBI

Electric two-wheeler (2W) manufacturer Ola Electric has raised Rs 3,200 crore (around $384.4 million) in a mix of equity and ......

Ivy Growth mulls $30 mn VC fund to bet on Web 3.0, AI, others

TMT

26 October, 2023

Ivy Growth mulls $30 mn VC fund to bet on Web 3.0, AI, others

Surat-based micro venture investment firm and startup accelerator Ivy Growth Associates Pvt Ltd on Thursday said it is planning to ......

Piramal Alternatives backs electric mobility company PMI Electro

Infrastructure

25 October, 2023

Piramal Alternatives backs electric mobility company PMI Electro

E-bus maker PMI Electro Mobility Solutions Pvt. Ltd, on Wednesday said that it has raised Rs 250 crore ($30 million ......

LifeCell, Kapiva backer OrbiMed raises $4.3 bn for Asia PE fund, VC and credit vehicles

Finance

25 October, 2023

LifeCell, Kapiva backer OrbiMed raises $4.3 bn for Asia PE fund, VC and credit vehicles

Healthcare-focussed private equity firm OrbiMed, a backer of reproductive diagnostic solutions provider LifeCell and ayurvedic products brand Kapiva, has raised ......

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Bottomline: Multiples PE-backed Veritas boosts FY23 profit as AUM jumps, margin expands

Finance

25 October, 2023

Bottomline: Multiples PE-backed Veritas boosts FY23 profit as AUM jumps, margin expands

Non-bank lender Veritas Finance Pvt. Ltd strengthened its financial position in the year through March 2023 as loan disbursements nearly ......