Beena Parmar - Author at VCCircle
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Beena Parmar

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PAG to acquire over 20% in South-based pharma firm

Healthcare

05 April, 2022

PAG to acquire over 20% in South-based pharma firm

Asia-focused private equity investor PAG is set to acquire at least 20% stake in Hyderabad-based bulk drug manufacturer Optimus Drugs ......

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Dunzo to raise $250-300 mn to fund quick commerce biz

TMT

02 April, 2022

Dunzo to raise $250-300 mn to fund quick commerce biz

Hyperlocal delivery startup Dunzo Digital Pvt Ltd, backed by the likes of Reliance Retail Ventures and Google, is planning a ......

Bain Capital-backed J M Baxi Group arm to acquire Allcargo Logistics

Infrastructure

31 March, 2022

Bain Capital-backed J M Baxi Group arm to acquire Allcargo Logistics

J M Baxi Heavy Pvt Ltd has signed a definitive agreement to acquire Allcargo Logistics Limited's Project Forwarding & Logistics ......

Bain Capital to acquire 25% stake in IIFL Wealth; General Atlantic, Fairfax part exit

Finance

31 March, 2022

Bain Capital to acquire 25% stake in IIFL Wealth; General Atlantic, Fairfax part exit

Bain Capital, global private equity firm, today announced that it has agreed to acquire 24.98% equity stake in IIFL Wealth ......

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Eight Capital chief Ravi Chachra to raise $50 mn fund in new venture debt firm 8vdX

TMT

30 March, 2022

Eight Capital chief Ravi Chachra to raise $50 mn fund in new venture debt firm 8vdX

In an alternative funding opportunity, Eight Capital Management chairman Ravi Chachra is set to launch a venture debt fund to ......

Axis Bank to acquire Citi's consumer business in India for $1.6 bn

Finance

30 March, 2022

Axis Bank to acquire Citi's consumer business in India for $1.6 bn

Private sector lender Axis Bank has agreed to acquire Citibank's consumer business in India for Rs 12,325 crore ($1.62 billion), in an ......

IPO-bound Northern Arc appoints Niva Bupa's Ashish Mehrotra as new CEO

Finance

29 March, 2022

IPO-bound Northern Arc appoints Niva Bupa's Ashish Mehrotra as new CEO

Private equity-backed debt financier Northern Arc Capital Ltd has announced the appointment of Ashish Mehrotra as the Managing Director (MD) ......

GEF Capital marks final close of $200 mn fundraise in second climate-focused fund

Infrastructure

29 March, 2022

GEF Capital marks final close of $200 mn fundraise in second climate-focused fund

GEF Capital Partners (GEF), an India-focused clean energy private equity (PE) investor, has said it raised nearly $200 million (around ......

Premji Invest to pick 10% stake in Sagar Cements for Rs 350 cr

Infrastructure

25 March, 2022

Premji Invest to pick 10% stake in Sagar Cements for Rs 350 cr

Azim Premji’s investment arm Premji Invest Opportunities Fund on Friday agreed to pick just over 10% stake in publicly-listed cement ......

Realty player Supertech hits bankruptcy route on NCLT order

Infrastructure

25 March, 2022

Realty player Supertech hits bankruptcy route on NCLT order

Another realty player Supertech Ltd, one of Delhi-NCR’s largest developers, has hit the insolvency route on Friday after the Delhi ......