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PE-backed InCred Capital appoints former Julius Baer executive as COO

New Delhi, May 28 -- InCred Capital, which counts private equity firm Paragon Partners and the family office of Manipal Education and Medical Group's Ranjan Pai as investors, said Tuesday it has appoi... Read More


Nuvama Group appoints onboards new group CFO

New Delhi, May 21 -- Integrated wealth management patform Nuvama Group, on Tuesday announced the appointment of former HSBC and Tata executive Bharat Kalsi as group chief financial officer and head of... Read More


Nuvama Group onboards new group CFO

New Delhi, May 21 -- Integrated wealth management patform Nuvama Group, on Tuesday announced the appointment of former HSBC and Tata executive Bharat Kalsi as group chief financial officer and head of... Read More


GEF Capital extends additional debt to existing portfolio bet

New Delhi, May 20 -- Mumbai-based private equity firm GEF Capital has extended additional debt to an existing portfolio bet, from its South Asia Growth Fund. The sustainability-focused investor, whic... Read More


Avendus Wealth Management hires former Axis exec as new chief

New Delhi, May 15 -- Avendus Capital's wealth management arm Avendus Wealth has onboarded a former Axis Bank executive at its helm as managing director and chief executive officer. The firm, which ha... Read More


SEBI mandates NISM certification for at least one member in AIF teams

New Delhi, May 14 -- Capital markets regulator Securities and Exchange Board of India (SEBI) has tightened norms for management teams operating alternative investment funds (AIFs), it said in a circul... Read More


Carlyle-backed Indegene's IPO gets bumper response; Aadhar Housing, TBO Tek make slow start

New Delhi, May 8 -- Three companies that are backed by private equity investors hit the market this week, with two launching their bids on Wednesday and one seeing a spectacular response from investor... Read More


ASK Asset & Wealth Management ropes in top exec from Nippon Life

New Delhi, May 6 -- ASK Asset & Wealth Management Group (ASK), which is backed by private equity giant Blackstone, Monday said it has appointed Prateek Jain, who earlier worked as chief financial offi... Read More


Firstsource Solutions to acquire medical billing firm QBSS for nearly $40 mn

New Delhi, May 3 -- Firstsource Solutions Ltd, a firm owned by RP Sanjiv Goenka Group, has entered into an agreement to acquire a 100% stake in Quintessence Business Solutions & Services (QBSS), a med... Read More


ChrysCapital raises $700 mn to keep NSE stake, return capital to sixth fund's LPs

New Delhi, April 30 -- Private equity firm ChrysCapital said Tuesday it has raised $700 million (about Rs 5,840 crore) for a "continuation fund" to acquire the stake held by its sixth flagship investm... Read More