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Harsha Raghavan's Convergent scores best returns yet from third PE exit

Manufacturing

27 October, 2023

Harsha Raghavan's Convergent scores best returns yet from third PE exit

Convergent Finance, a private equity firm floated by former Fairfax India executive Harsha Raghavan, has struck what is its third known liquidity ......

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Exclusive: Zoscales, Ascent Capital Africa to strike joint PE deal in Ethiopia

Consumer

26 October, 2023

Exclusive: Zoscales, Ascent Capital Africa to strike joint PE deal in Ethiopia

East Africa-focussed private equity firms Zoscales Partners and Ascent Capital Africa are in an advanced stage of discussions to ink ......

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Returning LP may increase cheque size for SPE Capital's new Africa fund

Finance

25 October, 2023

Returning LP may increase cheque size for SPE Capital's new Africa fund

SPE Capital, which was spun out of Swicorp and raised $258 million to hit the final close on its first private equity fund in ......

Pro
Tata Capital PE, ICICI Venture portfolio bet soars in value

Consumer

25 October, 2023

Tata Capital PE, ICICI Venture portfolio bet soars in value

Tata Capital Growth Fund, one of the three private equity funds managed by Tata Capital, is looking at a smart ......

Pro
TA Associates, PremjiInvest, others strike over $250 mn exit

Finance

25 October, 2023

TA Associates, PremjiInvest, others strike over $250 mn exit

Private equity firm TA Associates, which recently struck a large exit deal to sell its entire holding in Indira IVF via a secondary ......

India, Africa-focused Husk Power raises $103 mn in debt, equity funding

Infrastructure

24 October, 2023

India, Africa-focused Husk Power raises $103 mn in debt, equity funding

Husk Power Systems, an India- and Africa-focused renewable energy company that supplies electricity to rural areas through minigrids, said Tuesday ......

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SoftBank nears more than $350 mn India exit

TMT

20 October, 2023

SoftBank nears more than $350 mn India exit

Japanese technology investment goliath SoftBank, which has been on a harvest spree in India having offloaded shares of Paytm, FirstCry ......

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Exclusive: Tata Power in talks to create new platform with offshore investors to buy assets

Infrastructure

18 October, 2023

Exclusive: Tata Power in talks to create new platform with offshore investors to buy assets

Indian power producer Tata Power Ltd is in talks with two large offshore investors to set up a second investment platform that ......

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BanyanTree lines up another multi-bagger from decade-old bet

Healthcare

17 October, 2023

BanyanTree lines up another multi-bagger from decade-old bet

Mid-market-focussed private equity firm BanyanTree Growth Capital is looking to revive another exit plan from its legacy portfolio in the ......

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Meet India's highest paid women executives

People

13 October, 2023

Meet India's highest paid women executives

The exclusive club of ten highest-paid women executives in India, which has traditionally been dominated by promoters and their relatives, ......