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Macquarie Asset appoints former Avendus exec Jhawar as India real assets head

New Delhi, Dec. 8 -- Macquarie Asset Management has appointed former Avendus executive Prateek Jhawar as head of real assets in India. Jhawar will take charge in January, the company said in a press ... Read More


Creador buys into La Renon as Peak XV makes a partial exit

New Delhi, Dec. 8 -- Private equity firm Creador said Monday it has acquired a 7% stake in Ahmedabad-based La Renon Healthcare Pvt Ltd from the pharmaceutical company's promoter and existing venture c... Read More


SSO, Conscious Chemist, Lumov, others raise fresh capital

New Delhi, Dec. 8 -- Cancer treatment hospital chain Specialty Surgical Oncology Hospital (SSO), direct-to-consumer (D2C) cosmetics brand Conscious Chemist, healthtech startup Lumov, fintech platform ... Read More


Areion Asset marks first close of special situations fund

New Delhi, Dec. 8 -- Areion Asset Management, the alternative investment fund (AIF) arm of Areion Group, has completed the first close of Scheme IV under its Category I Special Situation Fund. The fu... Read More


Shriram Pistons to acquire Spanish firm Grupo Antolin's India arms

New Delhi, Dec. 5 -- Shriram Pistons & Rings Ltd (SPRL) has agreed to acquire the Indian arms of Spanish firm Grupo Antolin at a total enterprise value of €159 million (Rs 1,670 crore or around ... Read More


Chennai developer acquires land parcel from Standard Chartered unit for $134 mn

New Delhi, Dec. 5 -- Chennai-based developer Baashyaam Group has acquired a land parcel in its home city from British lender Standard Chartered's subsidiary Standard Chartered Global Business Services... Read More


Haptik co-founder, former Together Fund exec float AI-focused VC fund

New Delhi, Dec. 5 -- Aakrit Vaish, a co-founder of artificial intelligence startup Haptik that was acquired by Reliance Industries Ltd in 2019, and a former executive at early-stage venture capital fi... Read More


MENA Digest: Saudi firms Nabt and COGNNA, UAE's Reno, Egypt's Rology get funding

New Delhi, Dec. 5 -- Saudi Arabian cybersecurity startup COGNNA led funding activity in the Middle East and North Africa (MENA) region this week, securing growth capital to scale its business. Other ... Read More


Nexus Venture Partners closes eighth fund at $700 mn

New Delhi, Dec. 4 -- Nexus Venture Partners, a venture capital firm that invests in early- and growth-stage startups in India and the US, has closed its eight fund at $700 million (Rs 6,290 crore), ke... Read More


Moglix arm Credlix acquires majority stake in Vanik Finance

New Delhi, Dec. 4 -- Credlix, the supply chain financing platform of business-to-business e-commerce unicorn Moglix, said Thursday it has bought a majority stake in non-bank lender Vanik Finance. The... Read More