Sumit Upadhyaya

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Finance

01 November, 2023

PNB Housing backer Ares raises its biggest Asia special situations fund

New York-listed Ares Management Corp has secured $2.4 billion in capital commitments for its sixth—and thus far biggest—Asia-focused fund to ......

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Finance

11 October, 2023

Norwest, TPG leading over $100 mn BFSI sector bet; rope in co-investors

American venture capital and growth equity investor Norwest Venture Partners and private equity firm TPG Growth are leading an investment of more than $100 ......

Manufacturing

05 October, 2023

Vietnamese EV maker VinFast plans up to $200-mn India assembly facility

Vietnam’s VinFast plans to set up a plant to assemble its cars in India, as it looks to tap into ......

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Healthcare

25 September, 2023

TPG-backed firm to absorb Indian drugmaker's contract development biz, go public

An Indian biopharmaceutical company that counts private equity firm TPG as an investor will absorb a local drugmaker’s contract development ......

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Infrastructure

19 September, 2023

Arohan, Innoviti backer FMO takes a deep haircut on India debt investment

Dutch development finance institution FMO has taken a deep haircut on one of its debt investments in India, which accounts ......

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Consumer

15 September, 2023

Everstone takes another $180 mn out of Burger King India operator

Private equity firm Everstone Capital, which has initiated almost half a dozen exit moves over the past year to attract ......

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Infrastructure

14 September, 2023

How is IFC faring in partial exit from Indian real estate bet?

International Finance Corporation, the private-sector investment arm of the World Bank Group, is set to make a lacklustre partial exit ......

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Finance

11 September, 2023

Ventureast set to score 80x returns in partial exit from legacy bet

Ventureast, one of the oldest venture capital firms operating in India, is set to strike a multibagger partial exit from ......

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Finance

31 August, 2023

Motilal Oswal Alternates set to back another financial services firm

Motilal Oswal Alternates (MO Alts), the alternative investment arm of Motilal Oswal Group, is close to investing in a financial ......

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Manufacturing

25 August, 2023

GIC adds PE-backed manufacturing company to India portfolio

Singapore sovereign wealth fund GIC, one of the most active private equity-style investors in India, has added a manufacturing company ......