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Prosus invests $80 mn in PremjiInvest-backed fintech firm

Finance

02 December, 2024

Prosus invests $80 mn in PremjiInvest-backed fintech firm

Global technology investor Prosus has invested $79.9 million (around Rs 677 crore) in supply-chain financing company Mintifi Pvt. Ltd, it ......

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PremjiInvest-backed iD Fresh Food cooks up expansion plan enroute IPO

Consumer

27 November, 2024

PremjiInvest-backed iD Fresh Food cooks up expansion plan enroute IPO

iD Fresh Food India Pvt. Ltd, the ready-to-cook packaged food brand, intends to expand its manufacturing capacity across India and ......

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Jewellery brand Giva's valuation soars as PremjiInvest doubles down, early VCs mint money

Consumer

14 October, 2024

Jewellery brand Giva's valuation soars as PremjiInvest doubles down, early VCs mint money

Silver jewellery retailer Giva has raised a new round of funding led by PremjiInvest, with its valuation more than doubling ......

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Deals Digest: Funding momentum picks up pace on low base

General

11 October, 2024

Deals Digest: Funding momentum picks up pace on low base

Funding momentum by private equity (PE) and venture capital (VC) recovered after recording one of the most muted weeks of ......

PremjiInvest backs US-based legaltech startup EvenUp in Series D round

General

09 October, 2024

PremjiInvest backs US-based legaltech startup EvenUp in Series D round

US-based legaltech startup EvenUp has raised $135 million as part of its Series D funding round led by Bain Capital ......

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Bottomline: PremjiInvest-backed TVS Credit sustains healthy AUM growth in FY24

Finance

29 August, 2024

Bottomline: PremjiInvest-backed TVS Credit sustains healthy AUM growth in FY24

TVS Credit Services, the non-banking finance arm of two-wheeler maker TVS Motor Company, posted a 24% year-on-year rise in assets under management ......

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Grapevine: Fairfax, Bain eye API maker; ChrysCap nears deal for Belgian Waffle

General

28 August, 2024

Grapevine: Fairfax, Bain eye API maker; ChrysCap nears deal for Belgian Waffle

Canadian billionaire Prem Watsa's Fairfax and US private equity firm Bain Capital are competing to acquire Vadodara-based API maker Farmson Basic Drugs in a deal ......

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FirstCry cuts fresh issue size in IPO as PE/VC investors change exit plans

Consumer

31 July, 2024

FirstCry cuts fresh issue size in IPO as PE/VC investors change exit plans

Softbank-backed baby products retailer FirstCry, which received regulatory approval for an initial public offering earlier this month after refiling its preliminary documents, ......

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Bottomline: PremjiInvest-backed Mintifi shines in FY24 as profit, AUM jump

Finance

16 July, 2024

Bottomline: PremjiInvest-backed Mintifi shines in FY24 as profit, AUM jump

Supply-chain financing startup Mintifi recorded a surge in its profit for the year through March 2024 as it expanded its ......

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Deals Digest: PE/VC funding activity rises in value, while deal volume slumps

General

12 July, 2024

Deals Digest: PE/VC funding activity rises in value, while deal volume slumps

Private equity (PE) and venture capital (VC) funding momentum this week rose in terms of deal value, primarily due to ......