Beena Parmar - Author at VCCircle
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Beena Parmar

Chief of Fairfax-controlled CSB Bank takes early retirement

Finance

08 January, 2022

Chief of Fairfax-controlled CSB Bank takes early retirement

The chief of Fairfax-controlled CSB Bank, CVR Rajendran has decided to step down from March end this year citing health ......

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Ice creams to startups; Chona Family Office charts investment roadmap

Consumer

05 January, 2022

Ice creams to startups; Chona Family Office charts investment roadmap

The Chona family, an investor in companies like Indiamart and PolicyBazaar, wants to sharpen its focus on funding passionate founders ......

NCLAT revokes Vedanta unit's plan for Videocon Group, lenders may restart bidding process

Consumer

05 January, 2022

NCLAT revokes Vedanta unit's plan for Videocon Group, lenders may restart bidding process

A higher bankruptcy court on Wednesday set aside the National Company Law Tribunal (NCLT) order on Videocon Industries Ltd, allowing ......

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Holisol Logistics ups capital raising plans to $100 mn

Manufacturing

03 January, 2022

Holisol Logistics ups capital raising plans to $100 mn

Holisol Logistics Pvt Ltd, a tech-enabled supply chain logistics company, plans to raise around $80-100 million (around Rs 600-750 crore) ......

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Distressed deals soar in 2021; Bad bank, IBC measures raise hopes for 2022

Finance

30 December, 2021

Distressed deals soar in 2021; Bad bank, IBC measures raise hopes for 2022

Calendar year 2021 opened doors for larger deals in the distressed assets space in 2022 following a year of some ......

HSBC Asset Management to acquire 100% of L&T Mutual Fund for $425 mn

Finance

23 December, 2021

HSBC Asset Management to acquire 100% of L&T Mutual Fund for $425 mn

L&T Finance Holdings will sell its mutual fund business L&T Investment Management Ltd to HSBC Asset Management (India) Ltd for ......

IIFL Wealth, others invest $53 mn in TPG Growth-backed SK Finance

Finance

23 December, 2021

IIFL Wealth, others invest $53 mn in TPG Growth-backed SK Finance

Private equity-backed SK Finance (formerly Ess Kay Fincorp), a Jaipur-based unlisted used-vehicle and SME financier, has closed its Series F ......

Adar Poonawalla picks up 20% stake in JetSynthesys' video sharing arm Wakau

TMT

21 December, 2021

Adar Poonawalla picks up 20% stake in JetSynthesys' video sharing arm Wakau

Serum Institute of India’s chief Adar Poonawalla has picked up a 20% stake in Wakau Interactive Pvt Ltd, a subsidiary ......

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TIW Private Equity-backed Credence Family Office to acquire 51% in Cumulative Ventures

Consumer

21 December, 2021

TIW Private Equity-backed Credence Family Office to acquire 51% in Cumulative Ventures

Credence Family Office, backed by TIW Private Equity, is set to acquire a 51% equity stake in mid-market focused investor ......

Bizongo raises $110 mn in funding led by Tiger Global, valuation at $600 mn

Manufacturing

20 December, 2021

Bizongo raises $110 mn in funding led by Tiger Global, valuation at $600 mn

Private equity-backed Bizongo announced its latest fundraise of $110 million in Series D round led by New York-based Tiger Global ......