Beena Parmar
Manufacturing
OfBusiness eyes acquisitions ahead of IPO: Co-founder
OfBusiness, a raw material procurement and business financing platform, is eyeing acquisitions in the run-up to launching an initial public ......
TMT
EverSource Capital invests in EV operator Lithium; IFC, Lightrock exit
EverSource Capital’s Green Growth Equity Fund (GGEF), one of India’s largest climate impact funds, said it has picked up majority ......
Manufacturing
Reliance, Ares SSG-backed unit win bid for stressed Sintex Industries
A joint consortium of Mukesh Ambani-owned Reliance Industries (RIL) along with Ares SSG Capital-backed Assets Care & Reconstruction Enterprise Ltd has received ......
TMT
Four women to make ‘Majority' impact investments with $25 mn startup fund
With a zeal to create an impact, four women have come together to set up Majority, a fund to join the ......
Markets
Oyo rejigs top management, IPO likely to get delayed
In a major top management rejig, Softbank-backed Oyo has elevated Ankit Gupta to be the chief executive officer (CEO) of ......
Finance
ICICI Venture set to raise $350-400 mn for fifth PE fund, mulls separate early-stage fund
ICICI Venture, the alternative investment arm of ICICI Bank, is in talks to raise at least $350-400 million (around ₹2,600-3,000 ......
Finance
IIFL AMC to expand strategy, investor base as it mops up ₹2,600 cr in pre-IPO fund
IIFL Wealth and Asset Management (IIFL AMC), backed by Fairfax Financial Holdings Ltd, is raising ₹2,600 crore (around $340 million) ......
Finance
Paytm Payments Bank barred by RBI from onboarding new customers
The Reserve Bank of India (RBI), in its latest order issued today, directed Vijay Shekhar Sharma-led Paytm Payments Bank Ltd ......
Finance
CDC Group invests $50 mn in Aavas's women-focused financing program
CDC Group, the UK’s development finance institution, has announced a Rs 360 crore (around $50 million) investment in a women-centered ......
Infrastructure
Tata-ICICI Venture JV wins bid for stressed UP power asset under bankruptcy process
The resolution professional of South East UP Power Transmission Company Limited (SEUPTCL), has issued a Letter of Intent (LOI) selecting ......
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