Joseph Rai
Healthcare
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
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 ......
General
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
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, ......
TMT
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 ......
Finance
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
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
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
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 ......
Healthcare
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 ......