PE Fund Investments
Mumbai-based IndMoney (earlier Indwealth.in), an app-based provider of wealth management solutions, has raised about USD 75 million in its ongoing Series D round, which saw participation from existing investors…
PE Fund Investments
Publicly listed, Pune-headquartered IT Services firm Tech Mahindra Ltd, through its wholly owned subsidiary Tech Mahindra London Ltd, is to acquire 100% equity shares in Com Tec Co IT Ltd (CTC) and 25% each in…
PE Fund Investments
Hector Beverages Pvt Ltd, the parent firm of beverages maker Paper Boat, is in talks to raise USD 30 million from existing investor A91 Partners. It will use the funds to acquire new-age D2C brands in the broader…
PE Fund Investments
Private equity investor Actis is in advanced talks to buy six road assets of Welspun Enterprises Ltd for an enterprise value of INR 8,000 crore- 10,000 crore. The BK Goenka-led infrastructure and energy firm's road…
PE Fund Investments
Xpressbees, a Pune-based logistics services provider from the Firstcry stable, is in talks with private equity funds led by Blackstone to raise USD 300 million (INR 2,232 crore). Other PE funds likely participating in…
Fund News
Private equity firm TPG raised USD 1 billion in its US initial public offering at a valuation of USD 9.1 billion. TPG priced 33.9 million shares at USD 29.50 apiece. The buyout firm planned to sell the shares at USD…
Fund News
PointOne Capital, a pre-seed focussed venture capital fund, has announced the final close of its INR 50 crore (USD 7 million) fund. The fund targets startups in the beta or pre-launch stage. It has onboarded…
Other Private Equity/Strategic Investments
Publicly-listed Apollo Tyres has acquired a 27.2% stake in Mumbai-based solar energy player CSE Deccan Solar Ltd by making an investment of INR 9.33 crore. Apollo Tyres has acquired 11,66,250 Equity Shares having face…
Other Private Equity/Strategic Investments
Existing stakeholder Hero MotoCorp Ltd. is to invest an additional INR 420 crore in Bangalore-based electric scooter maker Ather Energy. The publicly listed Hero MotoCorp currently holds a 34.8% stake in the…
Angel Investments
US-based fintech firm Robinhood's chief product officer (CPO) Aparna Chennapragada, Coinbase's CPO Surojit Chatterjee, and Balaji Srinivasan (Ex-Coinbase, Ex-Andreessen Horowitz) have invested in Bengaluru-based…
