PE Fund Investments
US-headquartered Citigroup is to sell its consumer business in India to Axis Bank Ltd for about USD 1.6 Billion (INR 12,325 crore) in cash. The sale comprises credit cards, retail banking, wealth management and…
PE Fund Investments
Tata Sons, the holding company of Tata group, is looking to raise funds from global private equity firms and strategic investors by selling minority stakes in group firms as it looks to shore up its capital base to…
PE Fund Investments
The world's biggest asset manager, BlackRock, and UAE sovereign wealth fund Mubadala Investment Co. are in talks to invest around USD 500 million and USD 200 million, respectively, in a proposed new energy entity being…
Fund News
Founders and senior executives of several startups, including unicorns, have come together to launch Bharat Founders Fund (BFF), which will invest in pre-seed-stage companies. Among the close to 65 founders who are…
Fund News
Mumbai-based Tata Capital Healthcare Fund has raised its second India-focused Life Sciences & Healthcare Private Equity Fund of INR 955 crore (USD 126 million). With its focus on healthcare and life sciences related…
Other Private Equity/Strategic Investments
ICICI Bank will acquire up to 15% stake in India Debt Resolution Company (IDRCL), which has been set up to manage stressed assets, for a cash investment of INR 7.5 crore in multiple tranches.
Angel Investments
Gurugram-based founders' community platform PedalStart has attracted investments from AngelBay, Faad Network and KapTable. The startup hopes to use the funds to hire, work on its tech, and grow its community…
Liquidity Events
College admissions platform CollegeDekho has acquired fellow Gurgaon-based PrepBytes in a cash-plus-equity deal to expand its learning and upskilling vertical CollegeDekho Learn. After the acquisition, the PrepBytes…
Liquidity Events
Chalo Mobility Services, which owns a mobile app that helps users track buses across cities and book tickets online, has acquired Bangalore-based scooter and bike rentals service Vogo. The deal would add to Chalo's bus…
VC Fund Investments
Mumbai-based food services company FairPlum has raised $2 million in a seed round led by Unicorn India Ventures. Angel investors Vivek Sirohi, VP-R&D, Unilever, Amith Agarwal, Co-Founder & CEO at Agri-Bazaar, Dinshaw…
