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Warburg Pincus scripts near-$900 mn exit move in India

Finance

07 December, 2023

Warburg Pincus scripts near-$900 mn exit move in India

US private equity giant Warburg Pincus, which made a change in top management for its India business and wrapped up ......

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Warburg Pincus scores from legacy bet but did it beat benchmark returns?

Finance

01 September, 2023

Warburg Pincus scores from legacy bet but did it beat benchmark returns?

Warburg Pincus, which has been on an exit spree in India and scored unusually high returns in a quick monetisation ......

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IDFC First bets big on upcoming startup financing segment

Finance

21 November, 2022

IDFC First bets big on upcoming startup financing segment

Private sector lender IDFC First Bank is looking to grab a sizable pie of the up-and-coming startup banking segment and ......

Packaging materials platform Bizongo closes Series C funding round

TMT

26 April, 2021

Packaging materials platform Bizongo closes Series C funding round

Bizongo, a business-to-business platform for packaging materials, has closed its Series C funding round at $51 million (Rs 381 crore) ......

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Scottish Zomato backer Baillie Gifford invests in listed private-sector lender

Finance

07 April, 2021

Scottish Zomato backer Baillie Gifford invests in listed private-sector lender

Scottish asset manager Baillie Gifford, backer of food delivery app Zomato, has invested in India’s listed private-sector lender.  Baillie Gifford has ......

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 ......

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Malaysian sovereign fund Khazanah trims stake in oldest India bet

Finance

18 December, 2020

Malaysian sovereign fund Khazanah trims stake in oldest India bet

Khazanah Nasional Berhad, which came out of a hiatus to seal a new India deal in almost four years this ......

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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: RIL eyes Electronics Mart; IDFC First, others to sell Suryoday stake

General

25 September, 2020

Grapevine: RIL eyes Electronics Mart; IDFC First, others to sell Suryoday stake

Reliance Retail is in talks with Electronics Mart India for a possible acquisition of the consumer durables retail chain for ......

Grapevine: ARCIL, others bid for Reliance Commercial Finance; Tatas' Air India bid soon

General

14 August, 2020

Grapevine: ARCIL, others bid for Reliance Commercial Finance; Tatas' Air India bid soon

Thirteen investors submitted bids for Reliance Commercial Finance, which is undergoing an insolvency process, after lenders led by Bank of ......