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
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 ......
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 ......
Finance
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 ......
TMT
Lightrock-backed edtech firm Eupheus eyes M&As again. What's on its radar?
Eupheus Learning, an edtech company backed by private equity firm Lightrock India, is looking for inorganic growth opportunities in a ......
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