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How is TPG faring in its second Indian pharma bet?

New Delhi, July 14 -- TPG Growth, the mid-market and growth equity platform of TPG, has pressed the sell button on what was the private equity group's second investment in the pharmaceutical sector in... Read More


Avendus PE fund invests in Parag Parikh Financial ahead of final close

New Delhi, July 14 -- Mumbai-based financial services company Avendus Capital has invested Rs 140 crore ($14.5 million) in Parag Parikh Financial Advisory Services (PPFAS) from its third private equit... Read More


B2B ecommerce firm Udaan unveils $160 mn in financing, to restructure debt

New Delhi, July 14 -- Bengaluru-based business-to-business ecommerce platform Udaan has announced a proposed financing transaction worth about $160 million (about Rs 1,530 crore) comprising equity, de... Read More


EQT-controlled Indira IVF, Verlinvest-backed Ferty9 beef up top decks

New Delhi, July 14 -- Indira IVF, India's largest fertility chain operator, has appointed the former chief executive officer of Verlinvest-backed Ferty9 Fertility Center to lead the company's growth a... Read More


Capwise Financial to launch early-stage consumer fund under new Venture Studio arm

New Delhi, July 14 -- Financial services firm Capwise Financial, known for its investment banking practice, is set to roll out an early-stage consumer-focussed fund under its newly-created Venture Stu... Read More


I Squared Capital to deploy up to $2 bn in Saudi wealth fund PIF's portfolio

New Delhi, July 14 -- I Squared Capital, an infrastructure-focused global private equity firm, intends to deploy up to $2 billion in capital in the infrastructure and real estate assets owned by the P... Read More


Elevation Capital collects $500 mn for ninth fund to back early-stage startups

New Delhi, July 14 -- Homegrown venture capital firm Elevation Capital has closed its ninth flagship fund that will invest in early-stage AI-focused startups in India. The VC firm said it has collect... Read More


Fullerton's decarbonisation-focused PE fund strikes second India deal

New Delhi, July 14 -- Fullerton Carbon Action Fund, a private equity vehicle managed by Singapore-based Fullerton Fund Management that seeks to back mid-market companies pursuing decarbonisation strat... Read More


BII ropes in EAAIF to co-fund Macquarie-backed Blueleaf Energy

New Delhi, July 14 -- British International Investment (BII), the UK government's development finance arm, has roped in the Emerging Africa & Asia Infrastructure Fund (EAAIF) to co-invest in its mezza... Read More


Premji Invest bets nearly $100 mn on I Squared-backed Cube Highways InvIT

New Delhi, July 14 -- Premji Invest, the family office of Wipro founder chairman and billionaire Azim Premji, has invested Rs 950 crore (about $100 million) in Cube Highways Trust ahead of the infrast... Read More