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Norfund-backed renewable energy firm SAEL Industries raising fresh capital

Infrastructure

30 October, 2024

Norfund-backed renewable energy firm SAEL Industries raising fresh capital

Indian food processing and green energy company SAEL Industries Ltd, which is backed by a climate fund managed by Norwegian ......

Saatvik Solar taps offshore lenders, PE firms for $263 mn funding

Infrastructure

26 September, 2024

Saatvik Solar taps offshore lenders, PE firms for $263 mn funding

India's Saatvik Solar is in talks with international lenders to fund its 22 billion rupees ($263 million) expansion plan over ......

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Electric mobility company JBM gets $100 mn commitment from offshore investors

Infrastructure

16 September, 2024

Electric mobility company JBM gets $100 mn commitment from offshore investors

Electric mobility company JBM Ecolife Mobility, part of the listed auto-component company JBM Auto Ltd, has secured $100 million in ......

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Grapevine: Zepto set to raise fresh funds; Flipkart-backed Shadowfax mulls IPO

General

12 August, 2024

Grapevine: Zepto set to raise fresh funds; Flipkart-backed Shadowfax mulls IPO

Zepto is set to raise $310 million (about Rs 2500 crore), boosting its valuation to $5 billion—a 40% increase from its ......

Consortium of new investors backs TPG-owned green player Fourth Partner Energy

Infrastructure

06 August, 2024

Consortium of new investors backs TPG-owned green player Fourth Partner Energy

A consortium comprising three marquee global investors has backed TPG-owned renewable energy major Fourth Partner Energy with an investment of ......

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Actis set to pocket another LP cheque for Asia climate fund

Finance

30 May, 2024

Actis set to pocket another LP cheque for Asia climate fund

UK-based private equity firm Actis is all set to onboard a multilateral financial institution as a limited partner for its ......

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Grapevine: PE firms line up for Bharat Serums; IFC, ADB to invest in Fourth Partner

General

05 April, 2024

Grapevine: PE firms line up for Bharat Serums; IFC, ADB to invest in Fourth Partner

Five major global private equity firms - Warburg Pincus, Permira, EQT, Bain, and TPG - are interested in acquiring Bharat Serums and Vaccines (BSV) as the company's current ......

ADB extends $18 mn debt to Cygnus Medicare for north India expansion

Healthcare

15 January, 2024

ADB extends $18 mn debt to Cygnus Medicare for north India expansion

The Asian Development Bank (ADB) has signed a Rs 150 crore ($18.1 million) cheque in debt financing to Cygnus Medicare ......

E-mobility lender RevFin snags $14 mn in Series B round

Finance

26 December, 2023

E-mobility lender RevFin snags $14 mn in Series B round

RevFin Services Pvt. Ltd, a fintech startup focussed on e-mobility, has raised $14 million (Rs 115 crore) in a Series ......

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Returning LP signs larger cheque for CDH VGC's new Chinese venture growth fund

General

22 December, 2023

Returning LP signs larger cheque for CDH VGC's new Chinese venture growth fund

China-focussed alternative assets management firm, CDH Investments, is in the process of raising a new fund and has secured a ......