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Bain Capital eyes a bonanza from swift India exit move

New Delhi, May 26 -- Private equity firm Bain Capital is preparing to monetize an India portfolio company it first backed a little more than a year ago before doubling down this year, in a quick liqui... Read More


JM Financial Asset floats $105 mn private credit fund

New Delhi, May 26 -- JM Financial Asset Management Ltd has launched a private credit fund with a target size of Rs 1,000 crore (around 105 million) and a greenshoe option of an equal amount. The fund... Read More


Copper Chimney operator's fund places first bet, backs abCoffee

New Delhi, May 25 -- Homegrown quick-service coffee chain abCoffee has secured Rs 61 crore ($6.4 million) in its pre-Series B round led by Kliff Ventures, the newly launched consumer retail fund from ... Read More


Former CPPIB India head floats alternative investment firm with pharma entrepreneur as anchor

New Delhi, May 25 -- Sujeet Govindaraju, the former India head of Canada Pension Plan Investment Board (CPPIB), has teamed up with a pharmaceutical entrepreneur to set up an alternative investment fir... Read More


Former CPPIB India head floats alternative investment fund with pharma entrepreneur as anchor

New Delhi, May 25 -- Sujeet Govindaraju, the former India head of Canada Pension Plan Investment Board (CPPIB), has teamed up with a pharmaceutical entrepreneur to set up an alternative investment fir... Read More


Dubai Future District Fund makes LP-style bet on US-based VC fund

New Delhi, May 25 -- The Dubai Future District Fund (DFDF), the region's first evergreen venture capital fund-of-funds, has made a limited partner (LP)-style commitment into a Washington, DC-headquart... Read More


Dubai Entrepreneur Satish Sanpal Brings Luxury and Glamour to Netflix's Desi Bling

New Delhi, May 25 -- Satish Sanpal, Founder and Chairperson of ANAX Holding, continues to reinforce his position as one of Dubai's most influential Indian entrepreneurs, shaping the emirate's luxury r... Read More


Former Tube Investments M&A head, Goldman exec float I-banking firm

New Delhi, May 25 -- Harsh Tenneti, who previously served as the head of mergers and acquisitions at Tube Investments of India, has launched an investment banking firm. Tube Investments, part of the ... Read More


Elevation Capital pulls out $100 mn more from legacy VC bet

New Delhi, May 25 -- Domestic venture capital firm Elevation Capital, which typically makes early-stage bets but also forayed into late-stage investing with the launch of a dedicated fund last year, h... Read More


Biotech startup StrainX bags $13 mn in funding

New Delhi, May 25 -- StrainX Bioworks, a synthetic biology and precision fermentation company, has raised $13 million (about Rs 124 crore) in funding, as it emerges from stealth mode and gears up for ... Read More