Liquidity Events
Private Equity firm TPG has approached other investors to sell its stake in Bengaluru-based Manipal Health Enterprises Ltd, after a proposed promoter buyback of its stake in the hospital chain stalled.
Other Private Equity/Strategic Investments
Navi Technologies, the fintech firm promoted by Flipkart co-founder Sachin Bansal, is considering a pre-IPO placement of up to INR 670 crore. The company's prospectus for a INR 3,350 crore IPO, through fresh issuance…
Other Private Equity/Strategic Investments
WeWork India, the local unit of US-listed coworking firm WeWork Inc, is in talks with private equity funds including Cerberus Capital to raise as much as $300 million. It has also reached out to two other funds.
Incubation/Acceleration
The first edition of Pfizer INDovation incubation initiative for startups in the healthcare space saw six startups being selected for grants of INR 65 lakh each. The programme is supported by Atal Innovation…
Liquidity Events
Noida-based B2B edtech company Classplus has acquired a minority stake in exam preparation startup Testbook via a secondary transaction. Classplus has bought out the shares of current investors Matrix Partner India and…
Liquidity Events
Digital brands aggregator and unicorn Mensa has acquired peanut butter maker MyFitness to make inroads into the health food category. Mensa Brands will scale Myfitness into existing and new channels like D2C…
Liquidity Events
General Atlantic has sold a 2.75% stake in publicly-listed Krishna Institute of Medical Sciences Ltd (KIMS) realizingINR 275 crore. Post the sale, the investor would hold a 12.42% stake in the hospitals company.
VC Fund Investments
New Delhi-based Peer Robotics, which offers mobile robotics solutions for manufacturers, has raised USD 2.3 million in seed funding led by Kalaari Capital, with participation from existing investors Axilor Ventures…
PE Fund Investments
Contract manufacturer of room air-conditioners (RACs) Epack Durable Pvt Ltd is raising a USD 40-million round led by private equity fund Affirma Capital. (Vibhav Parikh, Executive Director at Affirma Capital has joined…
PE Fund Investments
Bengaluru-based Yulu Bikes, which rents out electric two-wheelers, has raised USD 82 million (about INR 653 crore) from investors led by Canada's automotive parts major Magna. Existing investors, including Bajaj Auto…
