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Kedaara-backed Spandana eyes to raise Rs 300 cr

Finance

23 February, 2022

Kedaara-backed Spandana eyes to raise Rs 300 cr

Kedaara Capital-backed microlender Spandana Sphoorty Financial Limited (Spandana) on Wednesday said it is planning to raise Rs 300 crore in ......

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Kedaara's final IPO exit from Manyavar parent would fetch 5X returns

Finance

02 February, 2022

Kedaara's final IPO exit from Manyavar parent would fetch 5X returns

Kedaara Capital, which solely backs ethnic wear brand Manyavar’s parent Vedant Fashion, will fetch annual returns of over 45% on ......

Purplle adds Faces Canada to its portfolio

Consumer

16 December, 2021

Purplle adds Faces Canada to its portfolio

Online beauty retailer Purplle.com has acquired cosmetics and skincare brand, Faces Canada.  Faces Canada was previously owned by Sequoia Capital India ......

Kedaara Capital strikes back-to-back bets in IT services space

TMT

15 December, 2021

Kedaara Capital strikes back-to-back bets in IT services space

Homegrown private equity (PE) firm Kedaara Capital has invested an undisclosed amount to pick up a majority stake in GAVS ......

Spandana, IndusInd Bank fall out on key exec appointments; microlender faces uncertainty

Finance

23 November, 2021

Spandana, IndusInd Bank fall out on key exec appointments; microlender faces uncertainty

A day after Kedaara Capital-backed microlender Spandana Sphoorty Financial Limited (Spandana) announced the appointment of Shalabh Saxena as the new ......

Kedaara-backed Spandana Sphoorty rejigs top brass after founder's ouster

Finance

22 November, 2021

Kedaara-backed Spandana Sphoorty rejigs top brass after founder's ouster

Kedaara Capital-backed microlender Spandana Sphoorty Financial Limited (Spandana) has appointed Shalabh Saxena, the current chief of Bharat Financial Inclusion Ltd, ......

Kedaara Capital buys majority stake in software firm GS Lab

TMT

09 November, 2021

Kedaara Capital buys majority stake in software firm GS Lab

Homegrown private equity firm Kedaara Capital has bought a majority stake in Great Software Laboratory Pvt Ltd (GS Lab), a ......

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Differences with Kedaara Capital led to Spandana founder's exit

Finance

04 November, 2021

Differences with Kedaara Capital led to Spandana founder's exit

Spandana Sphoorty Financial Ltd founder and managing director Padmaja G. Reddy was asked to resign from the microlender following differences ......

Beauty marketplace Purplle raises $75 mn led by private equity firm Kedaara Capital

TMT

29 October, 2021

Beauty marketplace Purplle raises $75 mn led by private equity firm Kedaara Capital

Online beauty products marketplace Purplle, operated by Mumbai-based Manash Lifestyle Pvt Ltd, has raised $75 million (Rs 561 crore) in ......

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Chiratae-backed healthtech startup Redcliffe Lifetech eyes up to $60 mn in fresh funding

TMT

25 October, 2021

Chiratae-backed healthtech startup Redcliffe Lifetech eyes up to $60 mn in fresh funding

Healthtech platform Redcliffe Lifetech Pvt Ltd is in an advanced stage to raise $50-60 million (up to around Rs 450 ......