Beena Parmar
Finance
Blackstone-backed IARC's chief Anurag Das quits before end of term
Blackstone-backed International Asset Reconstruction Company (IARC)'s top executive Anurag Das has resigned as the chief executive officer (CEO), two people ......
People
Zilingo fires CEO Ankiti Bose for alleged financial irregularities; Bose calls it "witch hunt"
Sequoia Capital-backed Singapore-headquartered Zilingo said on Friday it has fired its chief executive officer Ankiti Bose 'with cause', following an ......
TMT
Y Combinator advises founders to ‘plan for the worst', prepare in next 30 days
Silicon Valley investor, Y Combinator has advised its portfolio founders to “plan for the worst” and plan accordingly amid the ......
Consumer
UAE-based Foundation Holdings mulls an evergreen fund
UAE-based multi-family office investment firm, Foundation Holdings is planning to launch an evergreen fund in the next 1 year, a ......
Finance
Avenue Capital hikes stake in Mumbai-based ARC
US-based Avenue Capital has acquired additional stake in Asset Reconstruction Company (India) Ltd (Arcil) from public sector lender IDBI Bank, ......
Finance
Correction in valuations to offer good opportunities: Lightbox's Sandeep Murthy
Deal valuations have become more rational and this will provide good opportunities for investors, Sandeep Murthy, Partner at Lightbox Ventures, ......
Finance
Kotak Alternate Assets to launch Rs 1,000 crore private credit fund
Kotak Alternate Assets, managed by Kotak Investment Advisors Limited (KIAL) on Wednesday announced its plans to launch a Rs 1,000-crore ......
TMT
AION Capital sells 85% stake in BPO firm to Baring PE Asia for $810 mn
Hong Kong-based private equity major Baring PE Asia (Baring) has acquired 85% stake in specialist backend services firm IGT Solutions, ......
Finance
Kotak's investment arm to raise its new "strategic" fund by October
Kotak Investment Advisors Ltd (KIAL), the alternative investment arm of Kotak Group, is set to mark the first close of ......
Healthcare
PAG consortium to acquire controlling stake in Optimus group firms
Asian alternative investment firm PAG has agreed to buy a controlling stake in three group entities of Hyderabad-based drugmaker Optimus ......