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ADM Capital clocks exit from five-year-old India bet

New Delhi, July 20 -- Hong Kong-based credit investor ADM Capital has realized an investment it made in India nearly five years ago, marking another successful exit from its Asia-focussed private cred... Read More


Quick commerce player Plazza, beauty brand Lngvty bag early-stage funding

New Delhi, July 20 -- Plazza, a quick commerce platform for medicine delivery, has raised a $15 million (around Rs 145 crore) Series A funding round co-led by Accel, Elevation Capital and Nexus Ventur... Read More


Africa-focused PE firm Salt Capital strikes control deal as PAPE Fund gets an exit

New Delhi, July 16 -- Salt Capital, an independent private equity fund manager that invests in Sub-Saharan Africa, is buying a controlling stake in a Johannesburg-based company that specialises in pro... Read More


L&T non-banking lending arm taps offshore investor

New Delhi, July 16 -- L&T Finance, the non-banking financial services arm of Indian conglomerate Larsen & Toubro Group, has roped in an international institutional investor for a $100 million (Rs 962 ... Read More


Agentic AI startup Emergent enters unicorn club with Series C round

New Delhi, July 15 -- Emergent, an agentic AI platform that enables founders and businesses to build full-stack, production-ready web and mobile applications, has raised $130 million (Rs 1,251 crore) ... Read More


Did Temasek beat the benchmark in its $200-mn India exit move?

New Delhi, July 15 -- Temasek, one of the two Singapore government sovereign wealth funds active in India alongside larger peer GIC, has sold close to a third of its stake in a five-year-old investmen... Read More


I Squared Capital to deploy up to $2 bn in Saudi wealth fund PIF's portfolio

New Delhi, July 14 -- I Squared Capital, an infrastructure-focused global private equity firm, intends to deploy up to $2 billion in capital in the infrastructure and real estate assets owned by the P... Read More


Elevation Capital collects $500 mn for ninth fund to back early-stage startups

New Delhi, July 14 -- Homegrown venture capital firm Elevation Capital has closed its ninth flagship fund that will invest in early-stage AI-focused startups in India. The VC firm said it has collect... Read More


BII ropes in EAAIF to co-fund Macquarie-backed Blueleaf Energy

New Delhi, July 14 -- British International Investment (BII), the UK government's development finance arm, has roped in the Emerging Africa & Asia Infrastructure Fund (EAAIF) to co-invest in its mezza... Read More


Dubai Future District Fund joins as LP in another US-based, realty-related fund

New Delhi, July 10 -- The Dubai Future District Fund (DFDF), the region's first evergreen venture capital fund-of-funds, has made a limited partner (LP)-style investment in a proptech fund, only a few... Read More