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Deals Digest: Funding momentum jumps on back of four over $100 mn transactions

General

13 December, 2024

Deals Digest: Funding momentum jumps on back of four over $100 mn transactions

Overall funding secured by private companies touched multi-week highs as the cumulative value of capital raised touched nearly $1 billion, ......

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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 ......

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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 ......

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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 ......

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Why IFU, ADB backed dialysis chain DCDC favours domestic market over foreign expansion

Healthcare

19 March, 2021

Why IFU, ADB backed dialysis chain DCDC favours domestic market over foreign expansion

In 2018, Asian Development Bank (ADB)’s proposal to invest in DCDC Health Services Pvt. Ltd was supposed to have kicked ......

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Asian Development Bank  on post-COVID investment priority

Finance

09 February, 2021

Asian Development Bank on post-COVID investment priority

The Asian Development Bank (ADB), which has made back-to-back investments in two funds since the beginning of this year, has ......

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Can fledgling Avaada Energy tame profit fluctuations amid expansion, pandemic?

Infrastructure

10 August, 2020

Can fledgling Avaada Energy tame profit fluctuations amid expansion, pandemic?

In June, even as most Indian businesses were trying to limp back to a semblance of normalcy following the nationwide ......

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Former Welspun exec's solar energy firm Avaada raising bridge round

Infrastructure

10 June, 2020

Former Welspun exec's solar energy firm Avaada raising bridge round

Avaada Energy Pvt. Ltd, a solar energy company founded by serial entrepreneur Vineet Mittal, is raising a bridge round of ......

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Annapurna Finance to raise funding as coronavirus roils MFIs

Finance

04 June, 2020

Annapurna Finance to raise funding as coronavirus roils MFIs

Microfinance institution Annapurna Finance Pvt. Ltd is in advanced discussions to raise equity funding from a few institutional investors, two ......