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Explained: The pros and cons of a SPAC listing for Indian firms

Markets

26 March, 2021

Explained: The pros and cons of a SPAC listing for Indian firms

The proposed listing of ReNew Power on Nasdaq via a blank cheque firm has opened the door for multiple other ......

Accel leads Series A round in social e-commerce platform CityMall

TMT

25 March, 2021

Accel leads Series A round in social e-commerce platform CityMall

CityMall, a social e-commerce platform, on Thursday said it has raised $11 million (Rs 80 crore) as part of its ......

Elevation Capital leads Series A round in SME digitisation startup FloBiz

TMT

23 March, 2021

Elevation Capital leads Series A round in SME digitisation startup FloBiz

FloBiz, which focuses on digitising small and medium enterprises (SMEs), has raised $10 million (around Rs 72.5 crore) in a ......

Elevation Capital-Think Investments' blank cheque firm files for US listing

Markets

22 March, 2021

Elevation Capital-Think Investments' blank cheque firm files for US listing

Venture capital and growth-equity firm Elevation Capital, formerly SAIF Partners, has partnered US-based Think Investments for a blank-cheque firm that ......

Grapevine: Acme Solar eyes US listing via Spac; KKR seeks control of Fogg maker

General

12 March, 2021

Grapevine: Acme Solar eyes US listing via Spac; KKR seeks control of Fogg maker

Acme Solar Holdings is exploring a US listing through the special purpose acquisition company (Spac) route. For this, India’s largest pure-play ......

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Elevation Capital-backed beverage firm runs out of juice, enters bankruptcy

Consumer

09 March, 2021

Elevation Capital-backed beverage firm runs out of juice, enters bankruptcy

A Finnish packaging materials maker has pushed a Vadodara-based fruit juice maker into bankruptcy. Huhtamaki Oyj has dragged Manpasand Beverages Ltd ......

Elevation Capital bumps up holding in Muthoot Capital Services

Finance

23 February, 2021

Elevation Capital bumps up holding in Muthoot Capital Services

Venture capital and growth-equity firm Elevation Capital (previously SAIF Partners) has acquired additional shares in listed non-banking finance company (NBFC) ......

Nalanda picks up stake in listed TCNS Clothing

Consumer

18 February, 2021

Nalanda picks up stake in listed TCNS Clothing

Nalanda India Equity Fund Ltd, an arm of Nalanda Capital India Advisors Pvt. Ltd, a Singapore-based investment firm floated by ......

Elevation Capital, Accel lead new funding round in Zomentum

TMT

17 February, 2021

Elevation Capital, Accel lead new funding round in Zomentum

San Francisco, California headquartered Pactora, which runs information technology (IT) sales acceleration platform Zomentum, said on Tuesday that it has ......

Elevation Capital leads Series B funding in rural lending startup SarvaGram

TMT

08 February, 2021

Elevation Capital leads Series B funding in rural lending startup SarvaGram

SarvaGram Solutions Pvt Ltd on Monday said it has raised $10.5 million (Rs 76.32 crore) as part of its Series ......