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 ......
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 ......
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 ......
After Swiggy, another portfolio firm of Prosus draws up plan for mega IPO
Global technology investor Prosus had recently monetised its investment in Swiggy when the food delivery and quick commerce company went for a public listing. Now, Prosus is readying another of its portfolio firm, for yet another mega IPO. Homegrown ecommerce player Meesho, which competes with the likes of Amazon and ......
How much upside KKR is sitting on in its two-year old bet as new investor comes in
Global private equity giant KKR seems to be sitting on a decent upside, two years after it bet on hybrid seeds company Advanta Enterprises Ltd, also a subsidiary of farm solutions company UPL Ltd, even as the private seed company attracted another investor on its cap table. Now, US-based Alpha Wave ......
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 ......
Exclusive: Manipal family office Claypond strikes control-oriented deal in healthcare
Ranjan Pai-led Manipal Group, which gave up control in its flagship enterprise Manipal Hospitals to Singapore’s state investment firm Temasek a year ago, has now inked a control-oriented deal in the healthcare space via its family investment office Claypond Capital, VCCircle has gathered. The family office - active in dealmaking after ......
Bottomline: NIIF-backed Aseem Infra's profit jumps on growth in loan book, strong asset quality
For a non-banking finance company that began its lending operations only four years back, Aseem Infrastructure Finance Ltd has come a long way. From a loan book of Rs 1,588 crore at the end of 2020-21, the shadow bank now manages an asset book in excess of Rs 14,500 crore. Since ......
Only few of 200 BPC startups from pre-pandemic era broke Rs 100 cr milestone: Report
Out of several beauty and personal care companies, which mushroomed in the pre-pandemic years, only a handful have managed to break out, professional service organisation BDO India said. Over 180 companies were incorporated in the beauty and personal care space from FY14-FY19 with 50 starting operations in FY19 itself. However, only a ......
Women founders-focussed Colossa Ventures looking to tap offshore LPs for maiden fund
Venture capital investor Colossa Ventures, which focusses on funding women entrepreneurs, is in talks to rope international limited partners (LP) for its maiden investment vehicle, a person aware of the matter told VCCircle. The Mumbai-based firm, which was floated by former executives of Crisil and Aditya Birla Private Equity, is in ......