Fund News
Padmaja Gangireddy has resigned as the MD of Hyderabad-based, publicly listed microfinance institution (MFI) Spandana Sphoorty Financial Ltd following a disagreement with private equity investor, Kedaara Capital…
VC Fund Investments
Bengaluru-based natural pet food brand Dogsee Chew has raised USD 7 million in a seed round from Sixth Sense Ventures. It will use the investment to expand its footprint in India as well as in developed markets and…
VC Fund Investments
Mumbai-based Faze Technologies, a platform that lets fans collect, use and play cricket via NFTs, has raised USD 17.4 million in a seed round led by Tiger Global, with participation from Coatue and Sequoia Capital…
Private Equity Fund Investments
IL&FS, which had sold the Chenani-Nashri Tunnel (CNTL) project in J&K to Cube Highways & Infrastructure last December for INR 3,900 crore, is seeking a new buyer or a revised offer from the Singaporean highways player…
Private Equity Fund Investments
The National Highways Authority of India's (NHAI) newly launched infrastructure investment trust (InVIT) has attracted the Canada Pension Plan Investment Board (CPPIB) and the Ontario Teachers' Pension Plan Board…
Private Equity Fund Investments
Hyderabad-based edtech startup Brightchamps, which offers online courses on programming, artificial intelligence, design thinking and financial literacy to kids aged 6-16 years, has raised USD 51 million in a new round…
Private Equity Fund Investments
One97 Communications Ltd, which operates financial services brand Paytm, has raised INR 8,235 crore (USD 1.1 billion) from anchor investors. The placement, which was oversubscribed 10 times, saw participation from 74…
Fund News
Global investment manager Franklin Templeton is to acquire fellow US-headquartered Lexington Partners, a specialist manager of secondary private equity and co-investment funds. Since its founding in 1994, Lexington has…
Other Private Equity/Strategic Investments
Sundaram Finance Holdings Ltd is to invest EUR 2 million (USD 2.3 million) in its portfolio company Mind S.r.l., Italy, to augment working capital needs and for further growth. Last year, Sundaram Finance Holdings…
Other Private Equity/Strategic Investments
Hyderabad-based momo brand Zomoz has raised funding from Mumbai-based cloud kitchen firm Rebel Foods. LoEstro Advisors acted as the exclusive financial advisor to Zomoz for this raise. Founded by Shouvik Dhar, an ISB…
