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India's growth story of unicorns worked very well until it did not

Finance

25 May, 2022

India's growth story of unicorns worked very well until it did not

A few years ago, I was a part of a literature festival where Snapdeal founder Kunal Bahl was almost given ......

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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 ......

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Don't see anything concrete to invest in Web3 yet: Mumbai Angels Network

TMT

13 May, 2022

Don't see anything concrete to invest in Web3 yet: Mumbai Angels Network

Investment platform Mumbai Angels Network is not seeing differentiating business models in companies focused around Web3, a top company executive ......

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Kotak's investment arm to raise its new "strategic" fund by October

Finance

11 May, 2022

Kotak's investment arm to raise its new "strategic" fund by October

Kotak Investment Advisors Ltd (KIAL), the alternative investment arm of Kotak Group, is set to mark the first close of ......

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Senior McKinsey exec Hrishikesh Parandekar joins Mumbai-based asset manager

Finance

09 May, 2022

Senior McKinsey exec Hrishikesh Parandekar joins Mumbai-based asset manager

Senior McKinsey consultant and former Ambit Holdings CEO, Hrishikesh Parandekar has joined Mumbai-based alternate asset manager Alpha Alternatives as senior ......

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Blackstone-backed Horizon Industrial Parks to invest Rs 4,500 cr in logistics assets

Infrastructure

06 May, 2022

Blackstone-backed Horizon Industrial Parks to invest Rs 4,500 cr in logistics assets

Global asset manager and private equity company Blackstone Group-owned Horizon Industrial Parks plans to invest Rs 4,500 crore to expand ......

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Venturi Partners may accommodate two family offices to top up $175 mn debut fund

TMT

05 May, 2022

Venturi Partners may accommodate two family offices to top up $175 mn debut fund

Singapore-based investment platform Venturi Partners, which invests across India and Southeast Asia at the mid and late-stage levels, may accommodate ......

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Quona Capital's third fund exceeds target of $250 mn, gears for final close

Finance

04 May, 2022

Quona Capital's third fund exceeds target of $250 mn, gears for final close

Venture capital company Quona Capital is set to mark the final close of its third fund in a few months ......

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Gurugram healthtech startup DiagRight in talks to raise funds

TMT

04 May, 2022

Gurugram healthtech startup DiagRight in talks to raise funds

Gurugram-based diagnostics-focused healthtech startup, DiagRight is in advanced stages of discussion to raise up to $15-20 million in its Series A ......