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Blackstone-controlled Aadhar Housing snags funding from offshore investor

New Delhi, May 11 -- Aadhar Housing Finance Ltd, the Indian mortgage lender majority owned by private equity giant Blackstone, has tapped an offshore investor to raise fresh capital. The non-bank len... Read More


Will Insurance Cover Engine Damage after Driving through Waterlogged Roads?

New Delhi, May 11 -- Waterlogged roads can create serious engine-related risks, especially when water enters the engine or the vehicle is restarted after stalling. Such damage may lead to expensive re... Read More


Suyog Urja inks a,1311 Cr SPA for a phased 100% stake sale to Enviro Infra Engineers, in a transaction structured by TATTVAM

New Delhi, May 11 -- EIE Renewables Private Limited, the unlisted renewable energy arm of listed infrastructure firm Enviro Infra Engineers, has signed a phased 100% stake acquisition agreement (SPA) ... Read More


Bain settles for a smaller stake in potentially biggest India deal ever

New Delhi, May 11 -- Bulge-bracket global private equity firm Bain Capital, which is close to completing fundraising process for its new Asian investment vehicle, has significantly pared down the stak... Read More


Capital A's Ankit Kedia on Fund II, promising manufacturing themes, and early-stage valuation

New Delhi, May 11 -- Ankit Kedia is among the rare pool of investors who have been on both sides of deal negotiations. As a second-generation entrepreneur, Kedia saw his family business, the once list... Read More


Blackstone, Bain, IFC portfolio firms and Zepto get SEBI nod for IPOs

New Delhi, May 8 -- Private equity firm Blackstone's industrial and logistics platform in India, an agrochemical company backed by the World Bank Group's International Finance Corporation, a wiring ha... Read More


Fairfax to gain majority stake in IIFL Capital with $211 mn investment

New Delhi, May 7 -- Canadian investment firm Fairfax India Holdings Corp will infuse Rs 2,000 crore (around $211 million) into IIFL Capital Services Ltd to increase its stake in the Indian broking fir... Read More


US-based Cerberus elevates insider to head India ops

New Delhi, May 7 -- New York-headquartered alternative investment firm Cerberus Capital Management has appointed longtime executive Rahul Sangwan as head of its India business, VCCircle has learnt. S... Read More


Pronto snags $20 mn in extended Series B round as valuation doubles

New Delhi, May 7 -- Home-services platform Pronto has raised $20 million (about Rs 190 crore) in an extended Series B round from Lachy Groom, an angel investor and co-founder of AI robotics company Ph... Read More


Skyroot Aerospace turns unicorn with $60 mn round led by Sherpalo Ventures, GIC

New Delhi, May 7 -- Hyderabad-based spacetech startup Skyroot Aerospace has raised about $60 million (around Rs 570 crore) in a fresh funding round, pushing its valuation to $1.1 billion and making it... Read More