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Peak XV-backed Zetwerk closes Series F round, prepares for public listing

Manufacturing

19 December, 2024

Peak XV-backed Zetwerk closes Series F round, prepares for public listing

Zetwerk, a business-to-business (B2B) manufacturing services marketplace backed by marquee investors such as Peak XV, Accel and Avenir Growth Fund, has ......

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Grapevine: Insight Partners, Peak XV-backed Yubi, Adani Wilmar, and Univest in news

General

27 November, 2024

Grapevine: Insight Partners, Peak XV-backed Yubi, Adani Wilmar, and Univest in news

Fintech platform Yubi and wealthtech firm Univest are in different stages of talks for raising funds, according to various media ......

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Grapevine: Boat, Zomato, Brookfield, Porter, Piramal-Bain ARC, Oyo, MPL in news

General

18 November, 2024

Grapevine: Boat, Zomato, Brookfield, Porter, Piramal-Bain ARC, Oyo, MPL in news

Gentari Sdn Bhd has agreed to acquire a renewables portfolio from Brookfield Asset Management, while Zomato has enlisted Morgan Stanley, ......

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Deals Digest: Funding regained momentum last week as festive season takes breather

General

16 November, 2024

Deals Digest: Funding regained momentum last week as festive season takes breather

Private equity and venture capital funding saw an uptick last week compared to the preceding one, as the week-ended 8 November ......

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Grapevine: Hero Electronix, Tessolve, CarDekho, Peak XV-backed Skillmatics in news

General

05 November, 2024

Grapevine: Hero Electronix, Tessolve, CarDekho, Peak XV-backed Skillmatics in news

Hero Electronix is planning to monetise its investment in a semiconductor design firm while CarDekho and Skillmatics are drawing up plans ......

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Bottomline: Peak XV-backed Eduvanz's AUM shrinks, asset quality deteriorates

Finance

24 October, 2024

Bottomline: Peak XV-backed Eduvanz's AUM shrinks, asset quality deteriorates

Education-focussed lending startup Eduvanz posted a net loss for the financial year-ended 2024, even as its assets under management (AUM) ......

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Grapevine: True North plans an exit; Edelweiss Alts, CarDekho, Afcons in IPO news

General

03 October, 2024

Grapevine: True North plans an exit; Edelweiss Alts, CarDekho, Afcons in IPO news

Private equity firm True North is considering a complete exit from Shree Digvijay Cement Company, where it holds a 54.83% ......

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Peak XV signing off from Yellow Diamond snacks maker with modest returns

Consumer

27 September, 2024

Peak XV signing off from Yellow Diamond snacks maker with modest returns

Venture capital firm Peak XV Partners, fresh from the success of seeing a decade-old bet turn into a $300 million ......

Ahammune Biosciences, The Health Factory, two others raise early-stage cheques

Healthcare

25 September, 2024

Ahammune Biosciences, The Health Factory, two others raise early-stage cheques

Clinical stage therapeutics startup Ahammune Biosciences, bread brand The Health Factory, proptech startup Flent and open-source GPU-as-a-Service (GPUaaS) firm Aarna ......

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Grapevine: Temasek eyes hospital chain; Thyrocare weighs radiology ops divestment

General

19 September, 2024

Grapevine: Temasek eyes hospital chain; Thyrocare weighs radiology ops divestment

Temasek Holdings is nearing a deal to acquire Peak XV's 18-20% stake in Bengaluru-based Cloudnine Hospitals for around $125 million (Rs 1,046 crore), a ......