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Bain Capital marks final close of Asia fund with $10.5 bn mop-up

New Delhi, May 18 -- Bulge-bracket private equity firm Bain Capital today announced the final close of its sixth pan-Asian fund, well surpassing its $7 billion target, to raise $10.5 billion (approxim... Read More


Sundev Renewables founder Sunil Jain on deal trends and why he doesn't make five-year plans

New Delhi, May 18 -- Sunil Jain, founder and partner at Sundev Renewables LLP, is a veteran in India's renewable energy sector with over three decades of experience. He previously served as CEO and ex... Read More


Pulsar Capital leads race for South India-based restaurant chain

New Delhi, May 18 -- Dubai-headquartered investment firm Pulsar Capital is among the frontrunners to invest in a bootstrapped eatery chain based in southern India, two people aware of the development ... Read More


Lightspeed tastes a lemon as debut India fund exits nine-year-old bet

New Delhi, May 18 -- Silicon Valley venture capital firm Lightspeed Venture Partners has exited a company that it first backed nine years ago from its maiden India fund even as it starts raising a new... Read More


Owners ID, PrEqt, Nothing But bag early-stage cheques

New Delhi, May 18 -- An identity verification startup, a platform for streamlining private-market investing process and a maker of fruit-based snacks have raised early-stage rounds. Owners ID Owners... Read More


M Venture Partners beefs up top deck with new India head

New Delhi, May 18 -- Singapore-based early-stage venture capital firm M Venture Partners, which invests in startups across Southeast Asia and India, has roped in a partner from Mumbai-based financial ... Read More


SEBI allows higher borrowing limits for InvITs to refinance debt

New Delhi, May 18 -- The Securities and Exchange Board of India (SEBI) has eased borrowing norms for infrastructure investment trusts (InvITs), including allowing them to borrow for refinancing debt. ... Read More


ASK Alts floats second private credit fund with $260 mn target

New Delhi, May 15 -- ASK Alternates, a part of the Blackstone-backed ASK Asset & Wealth Management Group, has unveiled its second private credit fund. The fund is targeting a corpus of Rs 2,500 crore... Read More


Inox Clean Energy inks $750 mn deal to acquire Boviet Solar's US assets

New Delhi, May 15 -- India's Inox Clean Energy has acquired the US solar manufacturing assets of Boviet Solar Technology LLC for an enterprise value of about $750 million (Rs 7,195 crore), giving the ... Read More


KKR-backed Baby Memorial snaps up another South Indian hospital

New Delhi, May 15 -- Baby Memorial Hospital Ltd (BMH), the Kerala-based multispecialty hospital operator controlled by private equity firm KKR, has struck another bolt-on deal to acquire a South India... Read More