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 ......
Ethos PE spinout Infinite Partners set to acquire fibre infra firms
Infinite Partners, a South Africa-based mid-market private equity firm spun out from Ethos PE, is set to acquire a slew of fibre infrastructure and connectivity-providing companies, deploying from its tech-focused investment vehicle launched last year. The Sandton-headquartered PE firm, which was established in 2022 after its parent company Ethos Private Equity ......
Inflexor's Mazumdar on the firm's second and third funds, thesis and more
Inflexor Ventures, technology-focussed venture capital firm, earlier this month announced the first close of Inflexor Opportunities Fund, which it will use to partly fund the acquisition of the entire portfolio of its earlier vehicle. The firm is targeting to raise a corpus of Rs 350 crore by this month. A major ......
Naturals Salon in talks for funding in bid to expand domestically and offshore
Groom India Salon & Spa Pvt. Ltd, which operates the Naturals Salon chain, is in the early stages of discussion to raise capital for global and domestic expansion plans, a top official told VCCircle. Groom India, formerly known as Venus Spa & Salon, was founded in 2000 and offers services such as ......
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 ......
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 ......
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 ......
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 ......
Former Brand Capital executive Rajesh Sharma floats own fund
Rajesh Sharma, a seasoned leader in private equity and venture capital, has announced the roll out of a new fund aimed at identifying and investing in high-growth sectors. Sharma, who previously served as director at Brand Capital, the private equity and venture capital arm of The Times Group, brings over two ......