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Pine Labs to acquire Tiger Global-backed Shopflo

New Delhi, April 27 -- Fintech firm Pine Labs Ltd, which listed on domestic bourses last year, has agreed to acquire Tiger Global-backed Shopflo Technologies, a direct-to-consumer checkout platform, i... Read More


Advent-backed Cohance ropes in Cipla chief to lead "transformation"

New Delhi, April 27 -- Cohance Lifesciences Ltd, the Advent International-backed contract development and manufacturing platform, has hired former Cipla chief as the new executive chairman and Group C... Read More


Advent-backed Cohance names former Cipla chief as chairman and CEO

New Delhi, April 27 -- Cohance Lifesciences Ltd, the Advent International-backed contract development and manufacturing platform, has hired former Cipla chief as the new executive chairman and Group C... Read More


Kedaara Capital bets on Axis Finance at over $1.5-bn valuation

New Delhi, April 27 -- Private equity firm Kedaara Capital is investing Rs 750 crore ($79.6 million) in Axis Finance Ltd, in a transaction that values the non-banking finance company around Rs 14,764 ... Read More


Capital A hits first close of second fund, targets manufacturing bets

New Delhi, April 27 -- Bengaluru-based Capital A, a venture capital firm led by Ankit Kedia, who was previously the promoter and director at plastic packaging solutions Manjushree Technopack Ltd, has ... Read More


Premji Invest backs Maharashtra-based hospital chain NewEra Hospitals

New Delhi, April 24 -- Premji Invest, the investment firm of billionaire Azim Premji, has invested in Maharashtra-based hospital chain, NewEra Hospitals Pvt Ltd, which is looking to scale its presence... Read More


Edelweiss group's alts unit gets SEBI nod for IPO

New Delhi, April 24 -- EAAA India Alternatives, the alternative asset management arm of the Edelweiss group, said it has received an approval from the Securities and Exchange Board of India (SEBI) for... Read More


Jhunjhunwala family-backed Inventurus to buy US-based Trubridge for $565 mn

New Delhi, April 24 -- Jhunjhunwala family-backed Inventurus Knowledge Solutions (IKS) is acquiring a US-based firm operating in the healthcare space to strengthen the Mumbai-listed company's health r... Read More


PE-backed Unimech Aerospace to acquire engineering components maker

New Delhi, April 23 -- Unimech Aerospace and Manufacturing Ltd has signed an agreement to acquire tubing and precision-engineered components manufacturer Hobel Bellows Co. for Rs 450 crore ($48 millio... Read More


Fairfax-backed IIFL Capital marks first close of maiden private credit fund

New Delhi, April 23 -- IIFL Capital Services Ltd, a financial services firm that counts Canadian investment firm Fairfax as an investor, has marked the first close of a private credit fund after secur... Read More