Fund News
The Securities and Exchange Board of India (Sebi) has decided to tweak rules governing the mutual fund industry by allowing private equity firms to back Asset Management Companies (AMCs). It has also permitted the…
Other Private Equity/Strategic Investments
Nassau, Bahamas-headquartered Orderly Network, a permission-less, decentralized trading infrastructure, has raised funds from CoinDCX Ventures, the investment arm of crypto company CoinDCX. Incubated in October 2021…
Other Private Equity/Strategic Investments
Publicly listed, Mumbai-headquartered alcoholic beverages maker, Tilaknagar Industries Ltd (TI) is to buy 10% stake in Delhi-headquartered Spaceman Spirits Lab (SSLPL) for INR 9.75 crore. The investment, in two…
VC Fund Investments
EazyDiner, a restaurant table reservation, food discovery, and payment platform, has raised INR 40 crore from DMI Alternative Investment Fund. The funding will enable the company to accelerate growth and expand reach…
PE-RE Fund Investments
Emerald Haven Realty (TVS Emerald) has signed an agreement with HDFC Capital Affordable Real Estate Fund-3 to create an INR 1000 crore platform for plotted development projects in Chennai and Bengaluru. TVS Emerald, an…
PE Fund Investments
Avendus Future Leaders Fund has picked up a stake in IPO-bound Indegene Pvt Ltd in a secondary transaction, which values the healthtech firm at over USD 1.5 Billion. Carlyle and another investor sold their shares to…
PE Fund Investments
Mumbai-headquartered edtech startup upGrad has raised INR 81 crore from existing shareholder Temasek. Ronnie Screwvala, co-founder and chairperson of upGrad, contributed INR 212 crore to this round which totaled…
PE Fund Investments
Toronto, Canada-headquartered Fairfax Holdings has bought a 4.45% stake in publicly-listed Quess Corp Ltd for INR 254.09 crore. Post the purchase, Fairfax holds a 34.57% stake in the company.
Fund News
Early-stage venture fund pi Ventures has raised INR 22 crore from Belgium-based Colruyt Group's extended IT arm, Colruyt Group India, located in Hyderabad. The fundraising from Colruyt sets pi Ventures on track to…
Fund News
Kotak Investment Advisors (KIA), an arm of Kotak Mahindra Bank, has raised USD 1.25 Billion for its second special situations fund. The money raised will be deployed in equity, debt, and hybrid instruments across…
