Joseph Rai

Healthcare

21 February, 2022

Convergent Funds to buy stake in Jagsonpal Pharmaceuticals in first control bet

Funds advised by Convergent Finance, a private equity firm floated by former Fairfax India executive Harsha Raghavan, will acquire 43.7% ......

TMT

21 February, 2022

Apis-backed RenewBuy buys Artivatic.ai in first acquisition

RenewBuy, flush from the Series C funding the digital insurer raised last year, said it has acquired Artivatic.ai, owned by ......

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General

18 February, 2022

Deals Digest: Companies raise $1.15 bn this week, Uniphore turns unicorn

Companies raised $1.15 billion in venture capital (VC) and private equity (PE) funding this week, and Uniphore joined India's growing ......

Finance

18 February, 2022

Buy low and sell high not a sustainable PE strategy in India: Blackstone's Amit Dixit

The Indian private equity (PE) market is too competitive to have a sustainable strategy around buying low and selling high, ......

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TMT

17 February, 2022

We can turn profitable in 18-24 months, if we want: ElasticRun's CEO

ElasticRun, operated by Ntex Transportation Services Pvt Ltd, on Thursday said it raised $332 million funding round led by Softbank ......

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Finance

17 February, 2022

Lightbox to unveil new fund this year; eyes at least one new bet from Fund III

Lightbox, the backer of unicorns such as Rebel Foods and Droom, plans to launch its new fund this year as ......

Consumer

17 February, 2022

Byju's makes $200 mn bet on offline and hybrid tuition classes

Byju’s, the world’s most-valued online tutoring startup operated by Think and Learn Pvt Ltd, has made forays into offline tuition ......

TMT

16 February, 2022

Accel India selects 14 startups for its first cohort of Atoms programme

Accel India has selected 14 startups as part of its first cohort of Atoms programme that was launched last year ......

TMT

16 February, 2022

Udaan removes 1-year cliff on ESOPs; employees can vest every quarter

Business-to-business (B2B) marketplace Udaan on Wednesday said it has decided to remove the one-year cliff on employee stock option plans ......

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Healthcare

15 February, 2022

Diagnostics, eyecare, gastroenterology areas of interest for TPG Growth's healthcare platform: Vishal Bali

Asia Healthcare Holdings (AHH), the single-specialty healthcare investment platform incubated by TPG Growth in 2016, will explore investing in new ......