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Meat e-tailer Zappfresh seen taking valuation cut as it files for IPO

TMT

28 August, 2024

Meat e-tailer Zappfresh seen taking valuation cut as it files for IPO

Raw meat e-commerce startup Zappfresh, which is run by Delhi-based DSM Fresh Foods Ltd and is backed by family offices and venture ......

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Singapore's Granite Asia appoints former Astarc exec to lead India operations

People

28 August, 2024

Singapore's Granite Asia appoints former Astarc exec to lead India operations

Granite Asia, a Singapore-headquartered investment firm formerly known as GGV Capital Asia, has set up its base in India and ......

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South African PE Sanari Capital set to acquire power generation products maker

Infrastructure

28 August, 2024

South African PE Sanari Capital set to acquire power generation products maker

Sanari Capital, a South African private equity firm that focuses on mid-market growth companies in Sub-Saharan Africa is likely to ......

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Ex-Citibank exec Gadodia's Invicta to upsize maiden pre-IPO fund

Finance

28 August, 2024

Ex-Citibank exec Gadodia's Invicta to upsize maiden pre-IPO fund

Invicta Capserv Pvt Ltd, an investment bank founded by former Citibank executive Hemant Gadodia, could look at upsizing its maiden ......

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TPG spins abnormal returns via quick India exit move

TMT

27 August, 2024

TPG spins abnormal returns via quick India exit move

Alternative investment giant TPG, which has had a mixed bag in terms of some private equity harvests churning big money ......

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Neo Asset to foray into PE with new fund; ropes in ex-TPG NewQuest exec

Finance

27 August, 2024

Neo Asset to foray into PE with new fund; ropes in ex-TPG NewQuest exec

Neo Asset and Wealth Management, the wealth management arm of Mumbai-based Neo Group, is set to float a private equity (PE) ......

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Temasek-backed firm, Zydus may recast API, gelatine business of Sterling Biotech

Healthcare

27 August, 2024

Temasek-backed firm, Zydus may recast API, gelatine business of Sterling Biotech

The owners of Sterling Biotech--Generic drugmaker Zydus Lifesciences Ltd and private equity Temasek-backed Perfect Day Inc—plan to restructure some of the businesses ......

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LeapFrog taps another LP after increasing corpus for latest climate fund

Finance

27 August, 2024

LeapFrog taps another LP after increasing corpus for latest climate fund

Temasek-backed LeapFrog Investments, a global sustainability-focussed impact investment firm, has roped in a returning limited partner for its climate transition ......

General Atlantic, Prosus ask Supreme Court to hear their concerns in Byju's insolvency

TMT

27 August, 2024

General Atlantic, Prosus ask Supreme Court to hear their concerns in Byju's insolvency

Foreign investors in Indian education technology company Byju's, including General Atlantic, have urged the country's Supreme Court to hear their concerns ......

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How Rebel Foods' valuation multiple crumbled in the latest funding round

Consumer

27 August, 2024

How Rebel Foods' valuation multiple crumbled in the latest funding round

  Quick-service restaurant chain Rebel Foods is likely being valued at a much lower revenue multiple than before in a new ......