All In Capital unveils second early-stage VC fund, marks first close
Early-stage venture capital firm All In Capital, which has backed startups such as PierSight Space, MasterChow, and Wint Wealth, has launched its second fund and marked its first close, nearly three years after it closed its debut vehicle. The firm, set up by former upGrad executive Kushal Bhagia and former Stride ......
Sensex, Nifty close fiscal 2025 higher on strong March rally
A rally in India's Nifty 50 stock index in March, its best jump in 15 months, helped the benchmark pull back from losses after a historic five-month losing streak and finish this financial year with gains. The index of 50 bluechip stocks rose 6.3% in March, contributing to 5.34% gains for ......
Elev8 leads $50-mn Series D round in investing platform smallcase
Growth-stage venture capital firm Elev8 Venture Partners, currently in the process of raising its inaugural VC fund, has led a $50-million (Rs 427-crore) Series D funding round in smallcase, a wealth tech platform that offers curated investment portfolios across various asset classes. State Street Global Advisors, Niveshaay AIF, Faering Capital, ......
India's quick-commerce sector made two-thirds of all 2024 e-grocery orders, says report
India's quick-commerce sector accounted for over two-thirds of all e-grocery orders last year, with its total market share growing about five times to $6-7 billion from 2022, a report by consultancy firm Bain and e-commerce giant Flipkart showed. The industry, which is dominated by the likes of Zomato-owned Blinkit, also ......
IPO plans of WeWork India, PE-backed Indira IVF and Star Agriwarehousing hit a wall
The initial public offering plans of Indira IVF Hospital Ltd, Star Agriwarehousing and Collateral Management Ltd and WeWork India Management Ltd have hit a regulatory wall. Indira IVF, the fertility clinic chain controlled by Swedish private equity firm EQT, has withdrawn its draft red herring prospectus for its planned IPO, according to an ......
Shapoorji Pallonji Group draws interest for debt sale from Ares, Farallon, others
India's Shapoorji Pallonji Group has secured investor commitments of more than $4 billion for its debt sale in April, surpassing its funding target, two sources familiar with the matter said on Friday. The group, which caters to sectors including construction and real estate, plans to raise $3.2 billion to $3.3 billion ......
SEBI allows PE funds, stressed assets funds to invest in listed debt securities
The Securities and Exchange Board of India has allowed private equity funds, distressed assets funds and real estate investment vehicles registered as Category II alternative investment funds to invest in higher-risk listed debt securities that are rated ‘A’ or below. “Investments of Category II AIFs in listed debt securities rated A ......
The Looming Energy Challenge: Nishanth Dongari on ESG and the Future of Sustainability
The conversation around Environmental, Social, and Governance (ESG) principles has undergone a dramatic shift over the past decade. What was once a mere footnote in corporate reports has now become a core business strategy for companies across industries. At the recent VCCircle LP Summit 2025, Dr. Nishanth Dongari, Founder and ......
Rupee posts largest weekly rise in more than two years on inflows
The rupee posted its best day against the dollar in more than a month on the back of dollar inflows and an unwinding of speculative long-dollar positions, which also helped it log its best week in more than two years. The rupee ended at 85.9725 against the US dollar from 86.3675 ......
Inside Adenia Partners’ game plan for new PE fund to back small, mid-size firms
Adenia Partners, an Africa-based private equity firm that marked the final close of its $470 million fifth fund with an oversubscription last year, is raising a new investment vehicle to back small- and mid-cap opportunities across the continent, a top executive told VCCircle. The new fund will run concurrent to its flagship vehicles that back ......