Beena Parmar
Infrastructure
Axis AMC to roll out second alternative fund focused on real estate sector
Axis Asset Management Company (AMC), an arm of private-sector lender Axis Bank, is in the process of setting up its ......
TMT
Insurtech startup BimaPe shuts down, founder announces new venture
BimaPe, a Mumbai-based insurtech startup, has shut down within a year of its formation and will be reborn as Verak, ......
Finance
ARCs backed by Apollo, Avenue Capital, Kotak snap up road debt
Three asset reconstruction firms -- Phoenix ARC, Arcion, and Asset Reconstruction Company India Ltd (Arcil) -- have bought more debt ......
People
Zomato co-founder Gaurav Gupta quits six weeks after food delivery app's market debut
Gaurav Gupta, co-founder and top executive of Ant Group-backed Zomato Ltd, has resigned from the food delivery company about one ......
Finance
World Bank's International Finance Corporation to invest in A91 Partners' second fund
International Finance Corporation (IFC), the World Bank’s private-sector investment arm, has proposed an investment in the second fund of A91 ......
Finance
IndiaRF invests $75 mn in Sequoia-backed KMC's road asset
India Resurgence Fund (IndiaRF), a joint venture between Piramal Enterprises and Bain Capital Credit, announced a $75 million (Rs 555 ......
Finance
ICICI Venture in talks to raise multiple funds, focus on new-age firms
ICICI Venture, the alternative investment arm of ICICI Bank, is in talks to raise multiple funds in a bid to ......
Finance
Kotak fund invests $130 mn in TVS Supply Chain Solutions
Kotak Special Situations Fund (KSSF), alternative investment arm of Kotak Investment Advisors Ltd (KIAL), has invested Rs 1,000 crore ($130 ......
Finance
PE backed Five Star Business Finance prepares for $400mn IPO; appoints bankers
Private equity majors Sequoia Capital and KKR-backed non-banking finance company (NBFC) Five Star Business Finance Ltd is set to file ......
Finance
PAG-controlled Edelweiss Wealth gets new managing director and CEO
Diversified financial services firm Edelweiss Group has announced promotion of Ashish Kehair as the new managing director (MD) and Chief ......