Investcorp-backed NDR InvIT to go public soon
Investcorp-backed privately listed NDR InvIT Trust, which is sponsored by Chennai-headquartered NDR Warehousing Pvt Ltd, is planning to go public next year, two people close to the development told VCCircle. Privately listed InvITs, which make their initial offer through a private placement, can be traded only among institutional investors and body ......
Quadria Capital hires former Investcorp exec to beef up India investment team
Quadria Capital, a healthcare-focused private equity firm that finished raising its third fund earlier this year, has hired a former executive of Bahrain-based alternative asset manager Investcorp to beef up its investment team. The PE firm, which exceeded its $800-million target to make the final close of its third fund with ......
Investcorp-backed NDR InvIT eyes new markets, takeover opportunities for expansion
Investcorp-backed privately listed NDR InvIT Trust, which is currently present across 16 cities in the country, aims to take this number up significantly in the next five years, a top company executive told VCCircle. The trust, which is a perpetual warehousing and industrial parks InvIT, is currently present in 16 cities ......
Flashback 2025: Blackstone's hirings, Peak XV’s exits and other PE/VC people moves
Global funds operating in the country, including Blackstone, Brookfield Asset Management, Carlyle Group, Warburg Pincus and Temasek Holdings, made key management changes over the past year while Indian private equity (PE) and venture capital (VC) firms added to their leadership ranks. Meanwhile, one of India's most active VCs, Peak XV Partners ......
Investcorp-backed Canpac Trends strikes another acquisition
Canpac Trends Pvt Ltd, a packaging products maker backed by Bahrain-based alternative investment firm Investcorp and India’s JM Financial Private Equity, is strengthening its position in the sector with a new acquisition. Ahmedabad-based Canpac, which earlier this year acquired a Silvassa-based packaging company, is now taking over Delhi-NCR based Shriram Veritech ......
Chennai developer explores sale of warehousing asset
A Chennai-based developer is considering selling its warehousing asset located in its home city, VCCircle has learnt. Warehousing as an asset class has gained a lot of traction lately with developers and investors, who are betting big on the segment encouraged by growth in the economy coupled with a rapid expansion ......
Grapevine: ICICI Venture, OIA, KIA, Snabbit, Kuku FM, Wingreens in news
On-demand home services startup Snabbit and Investcorp-backed Wingreens Farms are in talks to raise fresh funding, while Kuku FM operator Mebigo Labs has roped in bankers for an initial public offer (IPO). In mergers and acquisitions, Tata Power is looking to bag majority stake in thermal-power producer Resurgent Power. Snabbit On-demand home services startup Snabbit ......
BlueFive Capital's new insurance arm bags first acquisition, buys Saudi firm
BlueFive Capital, an Abu Dhabi-based asset management firm that manages assets worth over $2.6 billion (around Rs 23,256 crore), is set to make a strategic investment in a Saudi Stock Exchange-listed insurance major, from its newly launched insurance arm. The Gulf and Global South-focused asset manager, which launched last year, has ......
Grapevine: Kauvery promoters plan stake buyback; Wakefit raising pre-IPO round
The promoters of Kauvery Hospitals are in advanced talks to buy back about a 5% stake from Lightrock, a London-headquartered private equity firm and impact investor, a media report said. The deal could value the IPO-bound healthcare chain at Rs 5,000 crore, The Economic Times reported, citing people aware of the ......
Investcorp-backed Wingreens Farms targets fresh funding
Wingreens Farms Pvt Ltd, a sauces and dips brand backed by multi-strategy investor Anicut Capital, alternative investment firm Investcorp, and venture capital firm Peak XV, among others, is looking to raise a new round of funding, two people familiar with the matter told VCCircle. The farm-to-table company is in the early ......
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