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Bizongo raises $9 mn, adds CDC Group to cap table

TMT

12 January, 2021

Bizongo raises $9 mn, adds CDC Group to cap table

Mumbai headquartered Smartpaddle Technology, which operates packaging materials marketplace Bizongo, has raised $9.3 million (Rs 68.35 crore) in a growth ......

Temasek-backed impact fund bets on CropIn in debut India investment

TMT

06 January, 2021

Temasek-backed impact fund bets on CropIn in debut India investment

ABC World Asia, an impact investment firm set up by Temasek Trust two years ago, has made its first Indian ......

NIIF leads $390 mn deal for CDC's renewable energy platform

Infrastructure

17 December, 2020

NIIF leads $390 mn deal for CDC's renewable energy platform

National Investment and Infrastructure Fund (NIIF), the country’s quasi-sovereign fund that is focused on infrastructure investments, is leading a $390 ......

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PE, M&A deals in financial services sector remain in the doldrums

Finance

13 October, 2020

PE, M&A deals in financial services sector remain in the doldrums

The number of private equity deals and mergers and acquisitions (M&As) in the banking, financial services and insurance (BFSI) sector ......

Grapevine: KKR, others circle Granules; frontrunners emerge for Azure Power assets

General

28 September, 2020

Grapevine: KKR, others circle Granules; frontrunners emerge for Azure Power assets

After VCCircle reported last year that promoters of Granules India Ltd are looking to sell a majority stake, three global ......

Baring PE Asia betting $133 mn on RBL Bank; Gaja to return, CDC topping up

Finance

21 August, 2020

Baring PE Asia betting $133 mn on RBL Bank; Gaja to return, CDC topping up

Baring Private Equity Asia will become the biggest shareholder of India’s mid-sized private-sector lender RBL Bank by picking up a ......

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ChrysCap goes long on another private-sector lender with around $30 mn bet

Finance

28 April, 2020

ChrysCap goes long on another private-sector lender with around $30 mn bet

India-focused private equity firm ChrysCapital has bought a small stake in a mid-sized private-sector bank, adding to its exposure to ......

CDC leads Series B funding in AI-based data labelling startup iMerit

TMT

24 February, 2020

CDC leads Series B funding in AI-based data labelling startup iMerit

iMerit Technology Services Pvt. Ltd, an information technology startup focussed on data labelling and annotation, has raised $20 million (about ......

CDC Group invests $57 mn in Cholamandalam Investment

Finance

10 January, 2020

CDC Group invests $57 mn in Cholamandalam Investment

CDC Group Plc, the UK government’s development finance institution, has invested Rs 400 crore ($57 million) in Cholamandalam Investment and ......

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How Kotak Private Equity is tweaking strategy to rope in LPs

Finance

27 June, 2019

How Kotak Private Equity is tweaking strategy to rope in LPs

Kotak Private Equity has tweaked its strategy to rope in limited partners (LP) for its investment funds, as the alternative ......