Private Equity Fund Investments
Bengaluru-based Goat Brand Labs, a Thrasio-style venture promoted by former Flipkart executive Rishi Vasudev, has closed a USD 36 million funding round, of which 50% is in the form of debt. The financing was led by New…
Private Equity Fund Investments
NewQuest Capital Partners, a secondary private equity platform focused on the Asia-Pacific region, has acquired a minority interest in Bengaluru-based Kids Clinic India Pvt Ltd, which operates the Cloudnine chain of…
Private Equity Fund Investments
Mumbai-based direct-to-consumer (D2C) beauty brand MyGlamm has closed a INR 530 crore (about USD 71.21 million) Series C round fundraise backed by a clutch of investors including Accel, Bessemer Venture Partners…
Other Private Equity/Strategic Investments
Interups Inc, a New York-based fund led by India-born Laxmi Prasad, has begun talks to buy a 49% stake in publicly listed Gayatri Projects Ltd as the engineering, procurement and construction (EPC) focussed…
Other Private Equity/Strategic Investments
Singapore's Temasek Holdings, Kuala Lumpur's Creador and Kedaara Capital are in separate talks to acquire a significant minority stake in Integrace, a Mumbai-based pharmaceutical formulations manufacturer. True North…
Other Private Equity/Strategic Investments
Bengaluru-based Realty firm Salarpuria Sattva's co-promoted Simpliwork Offices plans to raise USD 50-60 million as equity to expand business in India and enter into overseas markets, such as Singapore, as it sees the…
Other Private Equity/Strategic Investments
Alternative asset manager Apollo Global Management and Dubai-based Synergy Metals Investments are set to invest INR 1,500 crore in Sajjan Jindal-led JSW Group's cement business run by his son Parth Jindal, as it seeks…
Fund News
Incofin IM announced the first close of the India Progress Fund (IPF) at INR 450 crore. The fund will make private equity investments in the agri food value chain and financial services in rural India. The committed…
Other Private Equity/Strategic Investments
Chennai-based agri-commerce company WayCool Foods is investing USD 5 million in Pune-based Siddhi Vinayak Agri Processing, a fully-integrated player in the potato supply chain ecosystem. The investment will allow both…
Liquidity Events
UK-based liquor company Diageo had exited from its investment in Chennai-based startup HipBar at around a 98% loss. Diageo, which invested INR 27 crore in HipBar through its domestic entity USL for a 26% stake in 2018…
