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SEBI opens co-investment window for LPs, makes it easier for PE/VC funds to exit via IPOs

New Delhi, June 19 -- The Securities and Exchange Board of India has overhauled several rules governing alternative investment funds (AIFs) that will allow limited partners (LPs) to participate direct... Read More


Carlyle hires former Schaeffler, GM exec as CEO of Indian auto components platform

New Delhi, June 16 -- Private equity firm Carlyle has hired an industry veteran with experience of working in a clutch of multinational companies to head its Indian auto components platform Highway Ro... Read More


Loxim, Italy's LATI ink JV to expand specialty thermoplastics business in India

New Delhi, June 13 -- Italian engineering thermoplastics manufacturer LATI has entered into a joint venture with Gujarat-based polymer and dye manufacturer Loxim Industries, following its acquisition ... Read More


After exiting logistics firm, Flipkart checks out of Aditya Birla Fashion

New Delhi, June 4 -- Walmart-owned ecommerce giant Flipkart sold its stake in Aditya Birla Fashion and Retail Ltd (ABFRL) on Wednesday, a day after exiting a logistics company that it backed a decade ... Read More


Sauce.vc tops up bet on ice cream firm Hocco Foods

New Delhi, May 15 -- Hocco Foods Pvt Ltd, run by the Ahmedabad-based Chona family, has raised $10 million (Rs 86 crore) of the total intended $20 million as part of its Series B round, the company sai... Read More


Neo Asset Management invests $20 mn in diaper maker Nobel Hygiene

New Delhi, May 15 -- The asset management arm of Mumbai-based Neo Group has invested Rs 170 crore ($20 million) in disposable hygiene products maker Nobel Hygiene Pvt. Ltd through a mix of primary and... Read More


Value retailer 1-India Family Mart pockets Series D funding

New Delhi, May 15 -- Dubai-based financial services firm Gulf Islamic Investments (GII) and Indian mid-market private equity firm Carpediem Capital have doubled down on their investments in 1-India Fa... Read More


JSW One Platforms gets $1 bn valuation in new funding round

New Delhi, May 13 -- JSW One Platforms Ltd, a B2B digital marketplace for industrial material procurement, has raised Rs 340 crore ($40 million) from a group of investors, including its parent company... Read More


FabIndia backer Lighthouse invests in premium occasion wear brand Kalki Fashion

New Delhi, April 29 -- Mid-market private equity firm Lighthouse Funds has invested Rs 225 crore ($26.4 million) in Mumbai-based direct-to-consumer premium bridal and festive wear brand Kalki Fashion ... Read More