Lightrock
Finance
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 ......
TMT
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 ......
Finance
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 ......
Finance
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 ......
General
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 ......
Finance
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 ......
Finance
PE-backed Ummeed Housing snags $20 mn from overseas investor
Gurugram-based Ummeed Housing Finance Pvt Ltd, which counts Morgan Stanley Private Equity Asia, Norwest Venture Partners, CX Partners and Lightrock (previously LGT ......
TMT
MediBuddy grabs $18 mn more from Quadria, other investors
Healthtech platform MediBuddy has secured $18 million from existing private equity backers Quadria Capital and Lightrock as well as impact investor TEAMFund. The ......
General
Deals Digest: PE/VC funding value doubles due to HDFC Credila deal
This week’s overall funding doubled in value terms, aided by the big-ticket private equity buyout of HDFC’s education lending arm ......
General
Grapevine: Five firms in fray for Sumeet Industries; Waycool nearing unicorn tag
Surat-based yarn and polyester maker Sumeet Industries has drawn interests from five bidders to take over the debt-laden company, a ......