Sreeja Biswas
Finance
Blume-backed Optimo Loan may tap new international investor in fresh fundraise
Small business-focused lending startup Optimo Loan, which was launched by Easemytrip’s co-founder Prashant Pitti and is backed by venture capital ......
General
Grapevine: Adani eyes another cement maker; SP Group firm raising funding
Adani Group is close to acquiring a 46.64% stake in ITD Cementation India for Rs 5,889 crore ($700 million), including ......
Manufacturing
Cipla Health weighs controlling stake in PE-backed nutrition brand
Cipla Health Ltd, the wholly-owned subsidiary and consumer healthcare arm of Cipla, is evaluating a majority stake purchase in a ......
General
Grapevine: Temasek eyes hospital chain; Thyrocare weighs radiology ops divestment
Temasek Holdings is nearing a deal to acquire Peak XV's 18-20% stake in Bengaluru-based Cloudnine Hospitals for around $125 million (Rs 1,046 crore), a ......
General
Grapevine: Aragen Life, Urban Company investors weigh stake sale
Promoters and investors in Aragen Life Sciences, the Goldman Sachs-backed contract research organisation (CRO), plan to sell a 10% stake in a ......
Healthcare
PE firms mull buying stake in Apex Hospitals as existing backer seeks exit
Rajasthan-based Apex Hospitals Pvt. Ltd is being evaluated by multiple private equity players for a potential stake buy, as current ......
Healthcare
VC-backed Redcliffe onboards new investor in Series C funding
Redcliffe Lifetech Pvt Ltd, which operates diagnostic centers under the Redcliffe Labs brand, has raised Series C funding from existing backers ......
General
Grapevine: Nomura joins race for Avendus; Adani Wilmar owners to pare stake
Nomura, Japan's largest investment bank, has entered the race to acquire Indian investment bank Avendus, shifting from its role as an ......
Healthcare
Searchlight: Aurobindo Pharma promoters-owned Axis Clinicals faces headwinds
Hyderabad-based contract research organization (CRO) Axis Clinicals Ltd, which is owned by the promoters of drugmaker Aurobindo Pharma Ltd, has ......
General
Grapevine: Temasek nears VFS stake deal; LG Electronics taps banks for India IPO
Temasek Holdings Pte is nearing a deal to acquire a significant minority stake in VFS Global, valuing the visa outsourcing firm at ......