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Cult.fit, Rentomojo backer Chiratae Ventures names new partner

New Delhi, Aug. 19 -- Homegrown venture capital firm Chiratae Ventures, which is currently raising its fifth flagship fund, has elevated a senior member of its investment team to partner, as it looks ... Read More


Inside AlphaVerse: Building the Intelligence Layer for India's Next Phase of Investing

New Delhi, Aug. 19 -- The Engine Room AlphaVerse spent its first year building for institutions. Now it wants to take the same investment intelligence infrastructure to a much wider market. There is... Read More


IPO won't change how we run our business: Gaja Capital's Gopal Jain

New Delhi, Aug. 19 -- Homegrown private equity firm Gaja Capital, which backs mid-market Indian growth businesses, is aiming for a valuation of Rs 2,256 crore (nearly $236 million) for its parent enti... Read More


Investcorp snaps up 20Cube's India contract logistics arm, plans bolt-on deals

New Delhi, Aug. 19 -- Bahrain-based alternative investment firm Investcorp said Wednesday it has acquired 20Cube 3PL Solutions, the India contract logistics business carved out of Singapore-headquarte... Read More


Diagnostics firm Usmanpura Imaging taps family office for west India expansion

New Delhi, Aug. 19 -- Usmanpura Imaging Centre (UIC), a Gujarat-based diagnostics platform, has secured growth investment from a family office as it looks to expand its presence in the state and the b... Read More


Jubilant Ingrevia buying 40% of electronics manufacturing firm Zettaone

New Delhi, Aug. 19 -- Speciality chemicals company Jubilant Ingrevia Ltd has signed a binding agreement to acquire a 40% stake in Zettaone Technologies India Pvt Ltd, an electronics design and manufac... Read More


KKR to pick up stake in entertainment ticketing platform BookMyShow

New Delhi, Aug. 19 -- Global private equity firm KKR will acquire a minority stake in online ticketing and event management platform BookMyShow, as the Indian company looks to scale its live entertain... Read More


Can fast-track mergers be quashed if shareholders absent themselves?

New Delhi, Aug. 19 -- A merger, even one that gets the go-ahead from 99.9% of the present and voting shareholders, will not go through if it fails to secure the assent of 90% of the total shareholders... Read More


Grapevine: Actis, KKR, Blackstone, Bachatt, NexEdge, TransBnk in news

New Delhi, Aug. 19 -- Actis's bid to sell its renewable energy platform, BluPine, has attracted interest from private equity and strategic firms, meanwhile Bachatt, NexEdge and TransBnk are in various... Read More


Siguler Guff raises $500 mn for India-focussed investment strategy

New Delhi, Aug. 19 -- US-based private markets investment firm Siguler Guff & Company has closed its Global Emerging Markets Growth Opportunities Fund II (GEMGO II), securing $500 million (Rs 4,787 cr... Read More