Latest Lightrock News | Lightrock News | Lightrock Funding | Lightrock Fund - vccircle
Advertisement

Lightrock

Premium
DPI strikes ninth bet from one of largest PE funds of Africa

Finance

29 October, 2024

DPI strikes ninth bet from one of largest PE funds of Africa

Africa-focused private equity firm Development Partners International (DPI), which manages assets and co-investments worth over $3 billion across three investment ......

Premium
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 ......

Premium
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 ......

Premium
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 ......

Premium
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 ......

Premium
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 ......

Premium
PE-backed Ummeed Housing snags $20 mn from overseas investor

Finance

18 September, 2023

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 ......

Premium
Deals Digest: PE/VC funding value doubles due to HDFC Credila deal

General

23 June, 2023

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 ......

Premium
Grapevine: Five firms in fray for Sumeet Industries; Waycool nearing unicorn tag

General

22 June, 2023

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 ......

Premium
Bottomline: Aye Finance returns to profit in FY23 as revenue, loan book grow

Finance

19 June, 2023

Bottomline: Aye Finance returns to profit in FY23 as revenue, loan book grow

Fintech lending startup Aye Finance made a remarkable turnaround in the financial year that ended March 2023, rebounding from a ......