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Investcorp to invest $400 mn Indian schooling infra

Infrastructure

23 May, 2022

Investcorp to invest $400 mn Indian schooling infra

Investcorp will deploy $400 million into Indian school infrastructure and warehousing, as it seeks to expand investments in the South ......

PE investments in data centres grow fivefold YoY, reach $2.2 bn

Finance

23 May, 2022

PE investments in data centres grow fivefold YoY, reach $2.2 bn

An increase in digitization of businesses coupled with rising demand for localization of data has catapulted the quantum of private ......

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Blackstone-backed IARC's chief Anurag Das quits before end of term

Finance

23 May, 2022

Blackstone-backed IARC's chief Anurag Das quits before end of term

Blackstone-backed International Asset Reconstruction Company (IARC)'s top executive Anurag Das has resigned as the chief executive officer (CEO), two people ......

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Ace Turtle set to raise $50 mn in final funding round pre-IPO

TMT

23 May, 2022

Ace Turtle set to raise $50 mn in final funding round pre-IPO

Seeking to raise funds after a hiatus of 3 years, omnichannel platform for enterprises, Ace Turtle, is in the advanced ......

Genral Atlantic eyeing $2 bn investment in India, SE Asia

TMT

23 May, 2022

Genral Atlantic eyeing $2 bn investment in India, SE Asia

Global private equity firm General Atlantic plans to plough $2 billion into India and Southeast Asia over the next two ......

Global PE player Actis buys Hyderabad-based real estate firm Rx Propellant

Infrastructure

23 May, 2022

Global PE player Actis buys Hyderabad-based real estate firm Rx Propellant

Global private equity investor Actis on Monday said it has acquired Hyderabad-based real estate platform, Rx Propellant for an undisclosed ......

Motilal Oswal PE fund invests in Mankind Pharma's diagnostics venture

TMT

20 May, 2022

Motilal Oswal PE fund invests in Mankind Pharma's diagnostics venture

Homegrown Motilal Oswal Private Equity (MOPE) on Friday said it will invest up to Rs 194.4 crore (around $25 million) ......

Y Combinator advises founders to ‘plan for the worst', prepare in next 30 days

TMT

20 May, 2022

Y Combinator advises founders to ‘plan for the worst', prepare in next 30 days

Silicon Valley investor, Y Combinator has advised its portfolio founders to “plan for the worst” and plan accordingly amid the ......

Avenue Capital hikes stake in Mumbai-based ARC

Finance

19 May, 2022

Avenue Capital hikes stake in Mumbai-based ARC

US-based Avenue Capital has acquired additional stake in Asset Reconstruction Company (India) Ltd (Arcil) from public sector lender IDBI Bank, ......

Ninjacart raises an additional $9 million from Mainstreet Digital, STIC

TMT

18 May, 2022

Ninjacart raises an additional $9 million from Mainstreet Digital, STIC

63Ideas Infolabs Pvt. Ltd which operates business-to-business (B2B) marketplace for agricultural produce, Ninjacart has raised $9 million from Asian investors ......