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Temasek-backed Country Delight eyes fresh funding

Consumer

13 February, 2024

Temasek-backed Country Delight eyes fresh funding

Temasek-backed Country Delight, a direct-to-consumer (D2C) food essentials brand, is eyeing a fresh round of funding, in what maybe also ......

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Everyone made money from Ustraa, but VLCC shaved off much of its valuation

Consumer

13 June, 2023

Everyone made money from Ustraa, but VLCC shaved off much of its valuation

Last week, buyout major Carlyle-owned beauty and personal care brand VLCC struck a deal to acquire male grooming brand Ustraa. The ......

IIFL AMC onboards TrueScale Capital with Sameer Nath to head alternative biz

Finance

12 January, 2023

IIFL AMC onboards TrueScale Capital with Sameer Nath to head alternative biz

IIFL Asset Management (IIFL AMC) and mid-stage investment firm TrueScale Capital have announced a partnership to combine their venture capital ......

Licious FY22 loss jumps 2.3x to Rs 856 crore

Finance

15 November, 2022

Licious FY22 loss jumps 2.3x to Rs 856 crore

Meat and seafood brand Licious' FY22 loss swelled by 2.3x to Rs 856 crore from Rs 370 crore in the ......

Accel-backed personal care brand Believe raises $55 mn in Series C round

Consumer

21 April, 2022

Accel-backed personal care brand Believe raises $55 mn in Series C round

Singapore-based beauty and personal care (BPC) products company, Believe Pte Ltd has raised $55 million in its Series C funding ......

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IIFL AMC to expand strategy, investor base as it mops up ₹2,600 cr in pre-IPO fund

Finance

14 March, 2022

IIFL AMC to expand strategy, investor base as it mops up ₹2,600 cr in pre-IPO fund

IIFL Wealth and Asset Management (IIFL AMC), backed by Fairfax Financial Holdings Ltd, is raising ₹2,600 crore (around $340 million) ......

IIFL AMC ropes in Clix Capital's Aakash Desai to head private credit vertical

People

09 February, 2022

IIFL AMC ropes in Clix Capital's Aakash Desai to head private credit vertical

Fairfax-backed IIFL Wealth and Asset Management announced the appointment of Aakash Desai as the Head of Private Credit for its ......

IIFL Wealth, others invest $53 mn in TPG Growth-backed SK Finance

Finance

23 December, 2021

IIFL Wealth, others invest $53 mn in TPG Growth-backed SK Finance

Private equity-backed SK Finance (formerly Ess Kay Fincorp), a Jaipur-based unlisted used-vehicle and SME financier, has closed its Series F ......

NephroPlus closes $24 mn series E round from IIFL AMC, existing investors

Healthcare

13 December, 2021

NephroPlus closes $24 mn series E round from IIFL AMC, existing investors

Dialysis chain NephroPlus, backed by Bahrain-based private equity firm Investcorp, has raised $24 million (around Rs 180 crore) Series E ......

Licious joins unicorn club, pockets $52 mn from IIFL

Consumer

05 October, 2021

Licious joins unicorn club, pockets $52 mn from IIFL

Meat brand Licious, operated by Delightful Gourmet Pvt Ltd, has raised $52 million from IIFL AMC’s Private Equity Fund at ......