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ValleyNXT Ventures unveils debut fund to back early-stage startups

New Delhi, Feb. 16 -- Early-stage venture capital firm ValleyNXT Ventures has rolled out its maiden fund that aims to raise as much as Rs 400 crore ($44.1 million). The Bharat Breakthrough Fund-I has... Read More


Torrent buys thermal power operator from L&T in $403-mn deal

New Delhi, Feb. 16 -- Thermal power producer Torrent Power Ltd has agreed to acquire Nabha Power Ltd (NPL), a 1,400-megawatt coal-fired power plant operator in Punjab, from Larsen & Toubro Ltd (L&T) f... Read More


One Africa Capital, RMB Corvest invest in South African packaging firm

New Delhi, Feb. 13 -- One Africa Capital, a Johannesburg, South Africa-based investment firm that invests in small-and-medium enterprises in the country , and RMB Corvest, a private equity company tha... Read More


Bay Capital anchors $125 mn investment in GREW Solar

New Delhi, Feb. 13 -- Ahmedabad-based solar PV module manufacturer GREW Solar has raised Rs 1,050 crore (around $125 million) in a fresh funding round led by Bay Capital Investment, with participation... Read More


Six Sense Mobility, e-TRNL Energy raise early-stage funds

New Delhi, Feb. 13 -- Six Sense Mobility, an automotive deep-tech startup, and cleantech startup e-TRNL Energy have raised early-stage funding, the companies said Friday. Six Sense Mobility Six Sens... Read More


Quadria Capital expands healthcare investment mandate to the Gulf

New Delhi, Feb. 13 -- Healthcare-focused private equity firm Quadria Capital, which has been investing in Southeast Asia and India since 2012 and last year raised over $1 billion under its third fund,... Read More


PE firm Quadria steps up plan to invest in healthcare sector in the Gulf

New Delhi, Feb. 13 -- Healthcare-focused private equity firm Quadria Capital has expanded its presence in the Middle East with the launch of an office in the United Arab Emirates (UAE). The Singapore... Read More


W Health Ventures marks first close of second fund, eyes final close soon

New Delhi, Feb. 12 -- Healthcare-focused venture capital firm W Health Ventures has marked the first close of its second fund, months after unveiling the vehicle, and has set the timeline to wrap up t... Read More


CapitalG, Alpha Wave-backed Aye Finance's IPO fails to get 100% subscription

New Delhi, Feb. 12 -- The initial public offering of non-bank lender Aye Finance Ltd, which counts a number of private capital and venture capital firms as its investors, was subscribed just 97% at th... Read More


NDR InvIT acquires asset in EV, auto-hub Hosur for $31 mn

New Delhi, Feb. 12 -- NDR InvIT Trust, a privately listed warehousing and industrial parks InvIT, has acquired a 1.78 million sqft warehousing asset in Hosur, Tamil Nadu, for Rs 285 crore (around $31.... Read More