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IFC commits $50 million to Gaja Capital's fourth fund

Finance

23 March, 2021

IFC commits $50 million to Gaja Capital's fourth fund

The International Finance Corporation (IFC) has made a commitment to invest $50 million in Gaja Capital’s fourth fund,  likely to ......

Kinara Capital secures debt funding from IndusInd Bank

Finance

22 February, 2021

Kinara Capital secures debt funding from IndusInd Bank

Bengaluru-based fintech lender Kinara Capital has secured $10 million (Rs 74 crore) debt funding from IndusInd Bank with a full ......

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Mid-market PE firm BanyanTree downsizes third fund, marks first close

Finance

12 February, 2021

Mid-market PE firm BanyanTree downsizes third fund, marks first close

Mid-market private equity firm BanyanTree Capital has marked the first close of its third India-focused fund and reduced the target ......

PE-backed Suryoday Small Finance Bank gets SEBI nod for IPO

Finance

28 December, 2020

PE-backed Suryoday Small Finance Bank gets SEBI nod for IPO

Suryoday Small Finance Bank Ltd (SFB) has received regulatory approval to float an initial public offering (IPO). The Securities and Exchange ......

Gaja Capital leads Series B funding in SaaS startup LeadSquared

TMT

16 December, 2020

Gaja Capital leads Series B funding in SaaS startup LeadSquared

Marketing automation and customer-relationship platform LeadSquared has raised $32 million (Rs 235 crore) in its Series B round of funding ......

Investcorp, others bet $110 mn on Alibaba-backed Xpressbees

TMT

10 November, 2020

Investcorp, others bet $110 mn on Alibaba-backed Xpressbees

Bahrain-based alternative investment firm Investcorp and other investors have put in $110 million (about Rs 816 crore) in Alibaba Group-backed ......

Grapevine: Zomato to raise funding; ReNew Power sells wind farms to Ayana

General

10 November, 2020

Grapevine: Zomato to raise funding; ReNew Power sells wind farms to Ayana

New York-based hedge fund D1 Capital and Fidelity Management & Research are expected to invest $100 million (about Rs 740 ......

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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 ......

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A peek into PE investors' returns as Suryoday SFB files for IPO

Finance

05 October, 2020

A peek into PE investors' returns as Suryoday SFB files for IPO

Suryoday Small Finance Bank Ltd (SFB) has filed its draft prospectus with Securities and Exchange Board of India (SEBI) to ......

Grapevine: Blackstone frontrunner for L&T MF; Gaja Capital to lead 1mg funding

General

07 September, 2020

Grapevine: Blackstone frontrunner for L&T MF; Gaja Capital to lead 1mg funding

Private equity giant Blackstone, which was reportedly interested in the acquisition of L&T Mutual Fund, has become a frontrunner. Both sides ......