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Beena Parmar

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Distressed steel investor Nithia Capital set to buy North-based steel firm for Rs 316 cr

Finance

29 November, 2021

Distressed steel investor Nithia Capital set to buy North-based steel firm for Rs 316 cr

A UK-based distressed steel investor consortium, led by Nithia Capital Resources LLP (Nithia), has received approval from an insolvency tribunal ......

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Sanctum Wealth mulls structured credit in real estate

Infrastructure

21 November, 2021

Sanctum Wealth mulls structured credit in real estate

Private equity-backed Sanctum Wealth Pvt Ltd plans to expand its business to private structured credit in the real estate segment, ......

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LGT Lightstone-backed Vivriti Capital to raise $100 mn

Finance

15 November, 2021

LGT Lightstone-backed Vivriti Capital to raise $100 mn

Chennai-based non-bank lender Vivriti Capital plans to raise $100 million (approximately Rs 740 crore) from existing and new investors by ......

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Vivriti Asset Management to launch four funds to raise $635 mn; two in GIFT City

Finance

07 November, 2021

Vivriti Asset Management to launch four funds to raise $635 mn; two in GIFT City

Homegrown fixed-income manager Vivriti Asset Management (VAM) is set to raise four funds to raise a total of around Rs ......

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Start-up incubator Venture Catalysts to set up $100 mn fintech fund

Finance

01 November, 2021

Start-up incubator Venture Catalysts to set up $100 mn fintech fund

Venture Catalysts, India’s first and largest integrated start-up incubator, plans to launch a fintech-focussed fund in the next few months, ......

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Edelweiss Group to raise $200 mn for new fund, Series IIIA to close by Nov

Finance

31 October, 2021

Edelweiss Group to raise $200 mn for new fund, Series IIIA to close by Nov

Asian investor PAG-backed Edelweiss Wealth Management is set to raise another Rs 1,500 crore ($200 million) for its Crossover Opportunities ......

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ASK Group's investment arm to set up first real estate fund in GIFT City

Infrastructure

28 October, 2021

ASK Group's investment arm to set up first real estate fund in GIFT City

ASK group’s real estate investment arm will set up the first real estate-focused fund of funds as a Category III ......

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Former Sequoia Capital-backed glassmaker enters bankruptcy

Manufacturing

27 October, 2021

Former Sequoia Capital-backed glassmaker enters bankruptcy

Formerly backed by Sequoia Capital, glassmaker Hindusthan National Glass & Industries Limited (HNG) has entered bankruptcy on a plea by ......

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Mumbai-based mobile wallet firm becomes second fintech to go insolvent

TMT

22 October, 2021

Mumbai-based mobile wallet firm becomes second fintech to go insolvent

At a time when the fintech sector is flush with funds, and firms like Paytm, PhonePe and Mobikwik are in ......

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PE firm founded by former Goldman, GE Capital execs hits first close of second fund

Finance

20 October, 2021

PE firm founded by former Goldman, GE Capital execs hits first close of second fund

Nepean Capital LLP, a public market-focused private equity fund floated by former executives of Goldman Sachs and GE Capital, has ......