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UK's Lightrock brings former BII executive to lead India ops, sets up new office

People

28 February, 2025

UK's Lightrock brings former BII executive to lead India ops, sets up new office

London-headquartered private equity player and impact investor Lightrock, which counts WayCool, DeHaat, Shiprocket and MediBuddy amongst its portfolio companies in ......

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Amazon buying fintech Axio but few VC investors emerging as winners

TMT

16 January, 2025

Amazon buying fintech Axio but few VC investors emerging as winners

Ecommerce giant Amazon has agreed to acquire India's Axio in a transaction that will likely leave little on the table ......

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Lightrock, 360 One-backed Kauvery Hospital weighs public listing

Healthcare

16 January, 2025

Lightrock, 360 One-backed Kauvery Hospital weighs public listing

Tamil Nadu-based Kauvery Hospital, which is backed by private equity investors 360 One Asset Management, Stakeboat Capital and Lightrock, is ......

Lightspeed leads $40-mn funding in SolarSquare Energy

Infrastructure

12 December, 2024

Lightspeed leads $40-mn funding in SolarSquare Energy

Mumbai-based energy platform SolarSquare Energy has raised $40 million (Rs 340 crore) in its Series B funding round led by multi-stage ......

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Elevation-backed Aye Finance aims to more than double AUM, triple profit by FY27

Finance

13 August, 2024

Elevation-backed Aye Finance aims to more than double AUM, triple profit by FY27

Aye Finance, a non-banking finance company which lends to micro, small and medium sector enterprises (MSME) in India, aims to ......

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Bottomline: VC-backed fintech startup Olyv doubles revenue, turns profitable

TMT

25 June, 2024

Bottomline: VC-backed fintech startup Olyv doubles revenue, turns profitable

Fintech startup SmartCoin, which rebranded to Olyv in February this year, more than doubled its revenue in the last financial ......

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How impact investor Lightrock hit a gold mine in latest India exit

Finance

19 June, 2024

How impact investor Lightrock hit a gold mine in latest India exit

Impact-oriented private equity firm Lightrock, which is an investor in several Indian companies such as MediBuddy, Shiprocket, Niyo, Scaler, Porter ......

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VC-backed Aye Finance set to secure $30 mn in fresh capital

Finance

16 April, 2024

VC-backed Aye Finance set to secure $30 mn in fresh capital

Aye Finance, a non-banking finance company (NBFC), is set to raise $30 million (about Rs 250 crore) in fresh capital from ......

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Grapevine: KKR-controlled JB Chemicals eyes M&A; Lightrock partner on way out

General

11 December, 2023

Grapevine: KKR-controlled JB Chemicals eyes M&A; Lightrock partner on way out

Mumbai-based JB Chemicals & Pharmaceuticals Ltd, which is majority-owned by private equity firm KKR, is looking to acquire the Indian ......

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FMO-backed NeoGrowth speeds up revenue, profit growth after turning the corner

Finance

23 November, 2023

FMO-backed NeoGrowth speeds up revenue, profit growth after turning the corner

Fintech lender NeoGrowth, which came out of the red in the year through March to mark a turnaround from the damage caused by ......

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