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SoftBank-backed Juspay joins unicorn club as WestBridge bets $50 mn

New Delhi, Jan. 23 -- Payments technology company Juspay has entered the unicorn club of startups with homegrown private equity firm WestBridge Capital investing $50 million (around Rs 458 crore) at a... Read More


Tiger Global, Accel, 3i, Kotak Alts portfolio firms get SEBI nod for IPO

New Delhi, Jan. 23 -- The Securities and Exchange Board of India (SEBI) has given the go-ahead to as many as 13 companies to proceed with their initial public offerings (IPO), paving the way for sever... Read More


Credila backer EQT secures $14 bn for new Asia fund, set to hit hard cap

New Delhi, Jan. 23 -- Swedish buyout firm EQT, which acquired Baring Private Equity Asia in 2022, has secured capital commitments of $14 billion from its limited partners for its latest Asia-focussed ... Read More


Bain Capital-backed Novopor buys US specialty chemicals firm FAR Chemical

New Delhi, Jan. 23 -- Bain Capital-backed Novopor Advanced Science, a global supplier of complex, high-value chemicals, has acquired US-based FAR Chemical, a custom and complex specialty chemicals man... Read More


Walmart to pare stake in PhonePe IPO; Tiger Global, Microsoft to fully exit

New Delhi, Jan. 22 -- US retailer Walmart will trim its stake in PhonePe via the Indian digital payments company's upcoming initial public offering while Tiger Global and Microsoft will sell their ent... Read More


Elevation Capital partner steps down after 15 years

New Delhi, Jan. 22 -- Mayank Khanduja, a partner at homegrown venture capital firm Elevation Capital, has stepped down from his role after spending 15 years at the multi-stage investor. The Gurugram-... Read More


Escape Plan, Dhun Wellness, PropertyPistol, five others pocket early-stage cheques

New Delhi, Jan. 22 -- Travel products firm Escape Plan, wellness centre operator Dhun Wellness, real estate platform PropertyPistol, EV startup Chargeup, energy storage player Meine Electric, home imp... Read More


Gold-loan NBFC Indel Money taps Kotak fund for $11 mn debt

New Delhi, Jan. 22 -- Gold loan-focused Indel Money has raised Rs 100 crore (around $11 million) in debt from Kotak Credit Opportunities Fund. As part of the deal, the fund has subscribed to non-conv... Read More


Full-service law firm CAM hires partner for corporate practice

New Delhi, Jan. 22 -- Rohan Singh has rejoined Cyril Amarchand Mangaldas (CAM) as a Partner in its Corporate Practice team, the full-service law firm announced on Thursday. He will be based in the Mum... Read More


360 ONE Asset acquires stake in House of Diagnostics

New Delhi, Jan. 22 -- House of Diagnostics Healthcare Pvt Ltd, which operates a network of radiology and pathology centres under the House of Diagnostics brand, has raised investment from asset manage... Read More