Social VC Investments
Pune-based health-tech company Froncort.AI has raised USD 2.3 M (INR 21.5 Cr) from Google.org, the philanthropic arm of Google. The transaction includes USD 200,000 in Google Cloud credits and technical expertise from…
PE-VC Fund Investments
Mumbai-headquartered, publicly listed non-banking financial company (NBFC) IIFL Finance has raised INR 5,000 Cr from Blackstone through a preferential allotment of compulsorily convertible preference shares (CCPS)…
Other Private Equity/Strategic Investments
Delhi-based Medusa Beverages plans to raise INR 200 crore in two tranches over the next two fiscal years to expand its beer business and enter the spirits market.Founded in 2017 by Avneet Singh, Medusa produces the…
PE-VC Fund Investments
Hyderabad-based Axial Aero has raised INR 51 crore (USD 5.3 million) in a Series A round with participation from Ashish Kacholia (Lucky Investment Managers) and Rainmatter. IndusWhale Capital Advisors acted as the…
Other Private Equity/Strategic Investments
Global PE firm Blackstone is set to invest around INR 5,000 crore for 15% of publicly listed, Mumbai-headquartered non-banking financial company (NBFC) IIFL Finance . The overall investment will be over INR 6,200 crore…
Fund News
Mumbai-headquartered Kotak Alternate Asset Managers , the alternative asset management arm of the Kotak Mahindra Group, plans to raise INR 4,500-Cr for its 16th real estate fund. The fund, titled Kotak Real Estate Fund…
Fund News
Mumbai-based Motilal Oswal Financial Services has appointed Padmanabh (Paddy) Sinha as the Managing Director and Chief Executive Officer of its MO Alternates unit.Sinha previously served as Managing Partner and Co-GP…
Liquidity Events
Singapore-based Temasek, through its affiliate MacRitchie Investments, has divested a 3.74% stake in the Navi Mumbai-based multi-channel auto platform CarTrade Tech . The transaction was executed through an open market…
Liquidity Events
Japanese technology investor SoftBank has sold a 1.56% stake in Gurugram-based eyewear retailer Lenskart for INR 1,896 crore through open market transactions. The shares were offloaded by SoftBank’s affiliate, SVF II…
Liquidity Events
Mumbai-based BDR Pharma will acquire a controlling stake in Solan, Himachal Pradesh-headquartered Acme Formulation's oral solid formulations business and its subsidiaries from its existing shareholders, led by PAG. The…
