Grapevine: Lenskart, General Atlantic, Tiger Global-backed Geniemode, Seafund, Polymatech in news
Lenskart is in talks for a secondary share sale with a 20% increase in valuation, while House of Anita Dongre is set to buy back nearly 40% of its stake held by a private equity firm, according to various media report said. Also in news, Geniemode is seeking to raise ......
Grapevine: Boat, Zomato, Brookfield, Porter, Piramal-Bain ARC, Oyo, MPL in news
Gentari Sdn Bhd has agreed to acquire a renewables portfolio from Brookfield Asset Management, while Zomato has enlisted Morgan Stanley, and Boat has appointed bankers for their QIP and IPO, respectively, according to various media reports. Additionally, private equity (PE) firms are in talks to invest in Porter, Mobile Premier ......
Former 360 One exec floats private equity firm for bets on emerging themes
A former senior partner at alternatives asset management fund 360 One (formerly IIFL Wealth & Asset Management) has floated a new private equity firm to invest in companies operating in emerging sectors. The PE firm, which will back companies in sectors across healthcare, enterprise tech, industrials and consumer, has been floated by ......
Venture capital firm RPSG Capital to rope in top Orios executive
Early-stage venture capital firm Orios Venture Partners, which is an investor in companies like Country Delight, ixigo, BeatO and Pharmeasy, suffered another top management exit, a year after partners Anup Jain and Rajeev Suri quit to float their own firm. Currently deploying capital from its $120-million fund, Orios’ chief financial and ......
Shaping the Future of Data Operations: Ramakrishna Manchana’s Vision for Seamless Integration
In the era of big data, where the ability to efficiently manage and analyze vast datasets determines an organization’s success, Ramakrishna Manchana stands out as a pioneer in data operations. As Principal of Engineering and Architecture, Ramakrishna has played a pivotal role in shaping modern data infrastructures across various industries, ......
Consumer electronics firm Indkal eyes fat PE cheque as revenue accelerates
Indkal Technologies Pvt Ltd, one of the country's fastest-growing consumer electronics companies, is in talks with a clutch of private equity investors within five months of its first external round of funding, at least two people aware of the development told VCCircle. The Bengaluru-based Indkal had raised around Rs 300 crore ......
Zopper onboards Elevation, Dharana Capital on its cap table in $25 mn round
Insurtech platform Zopper said on Thursday that it has raised $25 million in a Series D funding round, co-led by Elevation Capital and Dharana Capital, along with the participation from existing investor Blume Ventures. Zopper will use this fresh funding to ramp up its digital technology infrastructure by strengthening its insurance ......
Grapevine: Advent International, VIP Industries, Groww, Razorpay, EESL, and NIIF in news
Advent International is in advanced talks to acquire a controlling stake in a luggage company, while Energy Efficiency Services is preparing to divest its stake in a smart meter joint venture, according to various media reports. Also in news, Groww and Razorpay may see a cut in valuation. Advent International Advent International ......
GPS ropes in former civil servant Deepak Agarwal to head project development arm
Bangalore-based biogas engineering firm GPS Renewables Pvt Ltd, which is backed by SBICap Venture, has appointed Deepak Agarwal, a former civil servant and green energy industry veteran to head its project development arm ARYA. Agarwal has worked across domains such as waste management and bio-CNG for over three decades and both ......
Grapevine: Gaja Capital, Lightspeed, SolarSquare, Omnivore VC, and Farmley in news
Gaja Capital has set in motion its plan for a public listing while Lightspeed Venture Partners and Omnivore are likely to invest in a renewables company and a dry fruit brand, respectively, according to various media reports. Gaja Capital Domestic private equity firm Gaja Capital plans to go public and aims ......