Exclusive

Publication

Byline

Electric mobility firm Drivn gets up to $80 mn commitment from Nomura

New Delhi, Feb. 3 -- Commercial electric mobility platform Drivn has secured financing commitments of up to $80 million (around Rs 723.3 crore) from Nomura to fund the initial rollout of electric buse... Read More


Advent International to invest $305 mn in Aditya Birla Housing

New Delhi, Feb. 3 -- Private equity firm Advent International will invest Rs 2,750 crore (about $305 million) in Aditya Birla Housing Finance Ltd, the mortgage lending arm of Aditya Birla Capital Ltd.... Read More


Three Peak XV Partners execs quit to start new VC firm

New Delhi, Feb. 3 -- Three managing directors from Peak XV Partners have left the firm to start a new venture capital outfit, marking the latest round of leadership departures at one of the most promi... Read More


Loop AI, Neverinstall, others get funding; Japan's Horiba Group makes deeptech buy

New Delhi, Feb. 3 -- AI startup Loop AI, cloud computing platform Neverinstall, and two other firms have secured funding in separate early-stage rounds. Meanwhile Japan's Horiba Group has acquired an... Read More


Bain Capital-backed Dhoot Transmission confidentially files for $250 mn IPO

New Delhi, Feb. 3 -- Wiring harness maker Dhoot Transmission, which is backed by US buyout firm Bain Capital, has confidentially filed its draft papers with India's capital markets regulator for an in... Read More


EQT-backed GeBBS Healthcare names former Hexaware exec as CEO

New Delhi, Feb. 3 -- GeBBS Healthcare Solutions, the healthcare revenue cycle management company controlled by Swedish private equity firm EQT, said Tuesday it has appointed a new chief executive afte... Read More


QIA boosts VC fund-of-funds initiative to $3 bn

New Delhi, Feb. 3 -- Qatar Investment Authority (QIA), a sovereign wealth fund with more than $580 billion in assets under management, will expand its venture capital initiative by $2 billion, Qatar's... Read More


Blackstone controlled-IGI to buy US gemstone testing firm

New Delhi, Feb. 2 -- Diamond certification firm International Gemmological Institute (India) Ltd has struck a deal to acquire US-based gemstone testing company American Gemological Laboratories (AGL) ... Read More


PremjiInvest bets nearly $33 mn on Bharat Forge subsidiary

New Delhi, Feb. 2 -- PremjiInvest, the family office of Wipro founder-chairman and billionaire Azim Premji that invests in both privately held and publicly listed companies, has agreed to pump Rs 300 ... Read More


PE-backed aerospace parts maker JJG Aero raises $30 mn

New Delhi, Feb. 2 -- Aerospace components manufacturer JJG Aero Pvt Ltd has raised $30 million (around Rs 274 crore) in Series B funding from private equity firm Norwest Venture Partners. VCCircle ha... Read More