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Deals Digest: Large BFSI deal propels funding momentum this week

General

23 August, 2024

Deals Digest: Large BFSI deal propels funding momentum this week

Private equity and venture capital investments saw a significant uptick this week, driven by a few large-ticket deals, according to ......

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Grapevine: Premji, Pai family offices eye Akasa; Temasek weighs India JV exit

General

22 August, 2024

Grapevine: Premji, Pai family offices eye Akasa; Temasek weighs India JV exit

Premji Invest and Claypond Capital, the family offices of Wipro's Azim Premji and Manipal Group's Ranjan Pai, respectively, are in advanced talks to invest $125 ......

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Grapevine: PEs eye India's largest cardiac stent maker; O2 Power race heats up

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20 August, 2024

Grapevine: PEs eye India's largest cardiac stent maker; O2 Power race heats up

Private equity firms KKR, TPG Capital and Apax Partners are evaluating India's largest cardiac stent maker Sahajanand Medical Technologies (SMT), valuing the company at ......

MUFG expands India BFSI basket with investment in Neo Group

Finance

12 August, 2024

MUFG expands India BFSI basket with investment in Neo Group

Japanese banking major MUFG has increased its India BFSI play through participation in funding round in wealth and asset manager ......

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Peak XV-backed MoneyTap, Freo parent aims to clock a profit for FY25

TMT

08 August, 2024

Peak XV-backed MoneyTap, Freo parent aims to clock a profit for FY25

MWYN Tech Pvt. Ltd, which runs digital banking platform Freo and provides personal loans through its MoneyTap platform, aims to ......

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Neo Asset aims to wrap up deployment of special situations fund by 2024-end

Finance

01 August, 2024

Neo Asset aims to wrap up deployment of special situations fund by 2024-end

Mumbai-based Neo Asset Management, the wealth and asset management arm of Peak XV Partners-backed Neo Group, plans to wrap up ......

Two generative AI firms, two others secure early-stage funding

TMT

30 July, 2024

Two generative AI firms, two others secure early-stage funding

Generative AI companies Gnani.ai and Vitra.ai, wedding services startup Meragi, and ElectricPe, secured early-stage funds, the companies announced on Tuesday. ......

NCLT admits Byju's into insolvency proceedings on BCCI's plea

TMT

16 July, 2024

NCLT admits Byju's into insolvency proceedings on BCCI's plea

Edtech company Byju's, once India's biggest startup valued at $22 billion, will face insolvency proceedings for failure to pay $19 ......

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Grapevine: Zetwerk in funding talks with CapitalG; power majors eye Sinnar Thermal

General

15 July, 2024

Grapevine: Zetwerk in funding talks with CapitalG; power majors eye Sinnar Thermal

Zetwerk, an Indian unicorn specialising in contract manufacturing of capital and consumer goods, is in talks to raise funds from CapitalG, ......

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Grapevine: DAM Capital eyes IPO; Vikram Pandit to exit JM Financial Credit Solutions

General

08 July, 2024

Grapevine: DAM Capital eyes IPO; Vikram Pandit to exit JM Financial Credit Solutions

Boutique Indian dealmaker DAM Capital Advisors is considering a public float, a media report said. Veteran investment banker Dharmesh Mehta's DAM Capital, which ......