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How did Investcorp's latest India exit move pan out?

New Delhi, May 9 -- Bahrain-based alternative asset manager Investcorp has made its second India exit move of 2024, adding to its harvests last year even as it looks to wrap up fundraising for a new I... Read More


KKR signs deal to acquire Healthium from Apax Partners

New Delhi, May 6 -- US private equity giant KKR & Co. Monday announced an agreement to acquire Bengaluru-based medical device maker Healthium Medtech Ltd from UK-based private equity firm Apax Partner... Read More


Bayer acquires remaining stake in JV with Zydus Lifesciences

New Delhi, May 2 -- Germany's Bayer Pharmaceuticals Pvt. Ltd has acquired the 25% stake it didn't already own in its joint venture with Ahmedabad-based Zydus Lifesciences Ltd for Rs 282.2 crore ($33.8... Read More


Morgan Stanley PE, InvAscent strike $120-mn control deal for Maiva Pharma

New Delhi, May 2 -- Morgan Stanley Private Equity Asia and healthcare-focused private equity firm InvAscent have jointly picked up a controlling stake in sterile injectables manufacturer Maiva Pharma ... Read More


Modulus Alternatives onboards former Reliance Industries CFO as partner

New Delhi, April 15 -- Private credit platform Modulus Alternatives has appointed former chief financial officer at Reliance Industries, Alok Agarwal, as an equity partner. Agarwal will hold 17.65% s... Read More


Naxnova announces another acquisition, snaps Austria's Advanced Thermal Technologies

New Delhi, April 12 -- In its second acquisition in as many months, Astarc Group's flagship company Naxnova, earlier known as Classic Stripes, Friday said it has acquired Advanced Thermal Technologies... Read More


Naxnova snaps up Austria's Advanced Thermal Technologies

New Delhi, April 12 -- In its second acquisition in as many months, Astarc Group's flagship company Naxnova, earlier known as Classic Stripes, Friday said it has acquired Advanced Thermal Technologies... Read More


Piramal Alternatives invests $13.2 mn in contract drugmaker Biodeal

New Delhi, April 8 -- Piramal Alternatives, the fund management arm of the Piramal Group, has announced a Rs 110-crore ($13.2 million) investment in Noida-based Biodeal Pharmaceuticals, a contract dev... Read More


ChrysCap-backed Eris Life acquires Biocon Biologics' India formulations business

New Delhi, March 14 -- Eris Lifesciences, a Mumbai-based listed pharmaceutical company backed by private equity firm ChrysCapital and Kuwait Investment Authority, is to acquire biopharmaceutical compa... Read More


CureSkin snags $20 mn from healthcare-focussed VC firm HealthQuad

New Delhi, March 13 -- Consumer healthcare startup CureSkin has raised $20 million (around Rs 166 crore as per current rates) as a part of its Series B round, led by health-focussed venture capital in... Read More