PE Fund Investments
The Adani Group, through an offshore special purpose vehicle, is to acquire Switzerland-based Holcim Ltd's entire stake in its two Indian cement companies – Ambuja Cements Ltd and ACC Ltd. The value for the Holcim…
PE Fund Investments
Bengaluru-based neo banking platform Fi (formerly epiFi) is in talks with Private Equity firm Multiples to potentially lead a $60-70 million Series C round at a valuation of about $600 million. Fi is also in talks with…
Fund News
Japan-based SoftBank Vision 1's portfolio was eroded by $23.9 billion in the fiscal ended March 31, 2022, with a $600 million loss caused by the erosion of 2021 listed Indian fintech company Paytm's valuation. At the…
Fund News
Real estate focussed investment bank Credberg Advisory, backed by former partners at Indian arm of Brookfield Financial (BFIN), has formed Credberg Investment Management for its foray into the fund business. It is…
Fund News
Mumbai-based venture capital firm Blinc Invest has made the final close of its INR 100 crore Fund-II. The Sebi-registered fund was founded by Amit Ratnapal in 2014 and invests in early-stage startups in the fintech and…
Other Private Equity/Strategic Investments
Jaipur-based Rays Power Infra has sold its solar projects in Tamil Nadu, Karnataka and Telangana to two global investors for over INR 700 crore. Rays Power has become completely debt-free with additional cash to boost…
Angel Investments
IIT-Madras incubated electric vehicle (EV) sub-component manufacturing startup, Revoh Innovations Private Ltd., has raised $150,000 in seed funding from angel investors Vel Kanniappan and Ravi Renganathan…
Angel Investments
Bangalore-based AyuRythm, a personalized holistic wellness platform which "digitally connects" users to Ayurveda and yoga, has raised seed funding led by Indian Angel Network (IAN). The round also saw participation…
Liquidity Events
The initial public offer of Ahmedabad-based Prudent Corporate Advisory Services was subscribed 1.22 times. The INR 538.61-crore IPO got bids for 73,30,928 shares against 60,18,689 shares on offer. Retail Individual…
VC Fund Investments
Delhi-based Fanztar, a blockchain-based creative monetisation platform, has raised INR 5 crore in a funding round led by India Quotient. Angel investors in the round included ShareChat founders Ankush Sachdeva, Bhanu…
