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Spotlight: What went wrong with Warburg-backed Fusion Finance as stock slumps

Finance

30 September, 2024

Spotlight: What went wrong with Warburg-backed Fusion Finance as stock slumps

In December 2018, private equity firm Warburg Pincus made its debut investment in India’s microlending sector when it backed Fusion ......

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Grapevine: Nexus Select in talks to acquire mall; Anand Rathi, PhysicsWallah eye IPOs

General

23 September, 2024

Grapevine: Nexus Select in talks to acquire mall; Anand Rathi, PhysicsWallah eye IPOs

Nexus Select Trust, backed by Blackstone, is in discussions to acquire Axis Mall in Kolkata, a media report said.   However, ......

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Multiples PE-backed Vastu Housing adding another investor to cap table

Finance

16 August, 2024

Multiples PE-backed Vastu Housing adding another investor to cap table

Vastu Housing Finance Corp Ltd, the mortgage lender that counts a bunch of private equity and venture capital firms as ......

TA Associates bets on Vastu Housing Finance in secondary deal

Finance

11 July, 2024

TA Associates bets on Vastu Housing Finance in secondary deal

US-based private equity fund TA Associates, which has been on an exit spree in India for the past few months, ......

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Multiples PE-backed Vastu Housing raises fresh capital from foreign investor

Finance

11 July, 2024

Multiples PE-backed Vastu Housing raises fresh capital from foreign investor

Multiples Private Equity-backed mortgage lender Vastu Housing Finance Corporation Ltd, which caters largely to the low-income groups, received a loan ......

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TA Associates set to strike $150-mn India deal

Finance

26 June, 2024

TA Associates set to strike $150-mn India deal

US-based private equity firm TA Associates, which has mostly been active in monetising its bets in India this year, is all ......

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Bottomline: Oxyzo on its way to top $1 bn in AUM as financials soar

Finance

13 May, 2024

Bottomline: Oxyzo on its way to top $1 bn in AUM as financials soar

Private equity-backed Oxyzo Financial Services Ltd, the non-banking financial arm of B2B marketplace OfBusiness, is inching closer to the $1 ......

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Creation Investments strikes frugal returns from India MFI bet

Finance

25 April, 2024

Creation Investments strikes frugal returns from India MFI bet

Global impact investor Creation Investments, which manages near $2.2 billion in assets across the globe, has exited a twelve-year old ......

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Warburg Pincus, Creation hit exit from India financial inclusion portfolio

Finance

14 December, 2023

Warburg Pincus, Creation hit exit from India financial inclusion portfolio

Private equity firm Warburg Pincus and impact-focussed investor Creation Investments have pressed the exit button on a financial services company in ......

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Greater Pacific Capital tweaks exit plan from BFSI portfolio firm

Finance

14 December, 2023

Greater Pacific Capital tweaks exit plan from BFSI portfolio firm

Private equity firm Greater Pacific Capital is divesting a smaller stake than previously planned in an Indian financial services company ......