TA Associates inks second control private equity deal in India
US-based private equity firm TA Associates, which has been actively exiting investments in India over recent months, announced on Tuesday an undisclosed investment in revenue cycle management (RCM) services provider, Vee Healthtek. This acquisition marks TA Associates' debut in the RCM space in India and its second bet in the Indian ......
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 ......
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 ......
Bain Capital-backed 360 ONE Asset bets on CDMO player from TPG’s portfolio
360 ONE Asset, an asset management firm backed by private equity firm Bain Capital, has invested in TPG-backed contract drugmaker OneSource Specialty Pharma in a secondary transaction. This comes within a month of the firm investing in fertility treatment provider A4 Hospitals. While the companies haven’t disclosed the financial details of the transaction, ......
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, ......
OneCell Diagnostics, Abyom SpaceTech, two others bag early-stage fundings
OneCell Diagnostics, Abyom SpaceTech & Defence, CredFlow, and Order For Health secured early-stage funding, the companies said Thursday. OneCell Diagnostics Genomics-based precision oncology firm OneCell Diagnostics has raised $16 million (Rs 135 crore) in a Series A round, led by venture capital firm Celesta Capital. The round was oversubscribed, it said. The diagnostics ......
Former CDPQ India head, Gautam Adani, others charged in US bribery case
Three former executives of Canadian pension fund CDPQ, including a former India head, have been indicted along with Indian billionaire Gautam Adani and four others by US prosecutors for their alleged role in what may have been a case of multi-billion-dollar bribery and fraud, the US Department of Justice said. Cyril Cabanes, ......
Vecmocon, Assure Clinics rake in early-stage cheques
Vehicle intelligence company Vecmocon and healthcare services provider Assure Clinics have secured early-stage funding, companies said in a statement. Vecmocon Vecmocon, a vehicle intelligence company, has raised $10 million in a funding round, led by the Ecosystem Integrity Fund (EIF), with participation from Blume Ventures and British International Investment (BII). The startup stated ......
Blitz, Doodhvale Farms, Taqtics raise early-stage funding
Quick commerce logistics enabler Blitz, D2C dairy Doodhvale Farms, SaaS startup Taqtics have raised early-stage funding, companies said Wednesday. Blitz Blitz, a quick commerce logistics enabler, has raised Rs 51 crore in a Series A funding round, led by IvyCap Ventures. The fresh infusion will help enhance its 60-minute delivery infrastructure and expand ......
KKR-backed Advanta Enterprises adds Alpha Wave to its cap table
US-based private equity firm Alpha Wave Global will pick up a 12.5% stake in hybrid seeds company Advanta Enterprises Ltd for $350 million (Rs 2,950 crore), joining global investor KKR on the cap table. Alpha Wave’s investment, which will be made from Alpha Wave Ventures II fund, will be done through a ......