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 ......
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 ......
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 ......
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 ......
Bottomline: PE-backed Integrace’s margins shrink, revenue growth marginally better
Drugmaker Integrace Pvt Ltd, which has Indian private equity firm True North and Singapore state investment firm Temasek on its cap table, improved its revenue growth marginally in the financial year ended March 2024, but its margins continued to shrink. Based in Mumbai, Integrace specializes in musculoskeletal disorders, pain management, and women’s health products ......
Bottomline: How a multi-crop strategy boosted Sahyadri Farms’ growth
Sahyadri Farms Post Harvest Care Ltd managed to almost double its revenue and triple its operating profit over the three years through March 2024 as it expanded beyond grape exports, although topline growth could moderate in the current year. The operator of farms for fruits and vegetables recorded high growth ......
Sector Scan: How India’s diagnostics players plan to recover after COVID boom
After witnessing some of its best years during the COVID-19 pandemic, India’s diagnostics companies landed in a soup during the financial year-ended 2023. As the country’s concerned populace was prompted to take tests during the ranging pandemic through FY21-22, these companies witnessed record high revenues in those years, only to have ......
Most Popular
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News