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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 ......

Pro
PremjiInvest scripting nearly $250 mn exit with bumper returns

Consumer

05 July, 2024

PremjiInvest scripting nearly $250 mn exit with bumper returns

PremjiInvest, the family office of Wipro founder chairman Azim Premji, which scored a 10x returns in a partial exit early ......

Azim Premji's wealth fund gets nod to set up shop in GIFT City

General

05 January, 2024

Azim Premji's wealth fund gets nod to set up shop in GIFT City

India's Gujarat International Finance Tec-City, or GIFT City, has given approval to billionaire Azim Premji's wealth fund to set up ......

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PremjiInvest, Asian PE firm to infuse more capital into manufacturing company

Manufacturing

04 January, 2024

PremjiInvest, Asian PE firm to infuse more capital into manufacturing company

Indian investment firm PremjiInvest and an Asian private equity firm are planning to make additional investments in a local manufacturing company, two people aware of the development told VCCircle.  PremjiInvest, the family office investment ......

Wipro's consumer arm seals 14th acquisition, buys packaged food brand

Consumer

20 April, 2023

Wipro's consumer arm seals 14th acquisition, buys packaged food brand

Wipro Consumer Care & Lighting, part of the billionaire Azim Premji-led Wipro Group, said Thursday it has acquired Kerala-based ready-to-cook ......

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PremjiInvest in talks to invest in VC-backed fine jewellery brand

Consumer

18 April, 2023

PremjiInvest in talks to invest in VC-backed fine jewellery brand

PremjiInvest, one of the most active alternative investment firms in India, is looking to pick up a stake in an ......

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Samara Capital logs out of decade-long healthcare bet via secondary deal

Healthcare

27 March, 2023

Samara Capital logs out of decade-long healthcare bet via secondary deal

Private equity firm Samara Capital has divested its entire shareholding in a decade-old healthcare portfolio company through a secondary transaction, ......

PremjiInvest, Info Edge back early-stage startups

TMT

03 March, 2023

PremjiInvest, Info Edge back early-stage startups

PremjiInvest, the private investment vehicle of Wipro founder-chairman Azim Premji, has led a $26 million (around Rs 206 crore) Series ......

Advent invests in KreditBee's $200 mn round

Finance

06 January, 2023

Advent invests in KreditBee's $200 mn round

Fintech startup KreditBee, on Friday announced that it has raised $100 million more in an extension of its Series D ......

Shubham Housing Development Finance raises $112 mn from BII, others

Infrastructure

29 June, 2022

Shubham Housing Development Finance raises $112 mn from BII, others

Mortgage lender Shubham Housing Development Finance Company, on Wednesday announced raising $112 million (around Rs 863 crore) in a round ......