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How RBI's proposed rule changes can boost foreign inflows into AIFs, REITs, InvITs

New Delhi, Aug. 6 -- The Reserve Bank of India's draft proposal to amend foreign investment rules could improve investment flows into alternative investment funds (AIFs), real estate investment trusts... Read More


Piper Serica marks first close of deeptech-focused VC fund

New Delhi, Aug. 6 -- Mumbai-based asset manager Piper Serica has marked the first close of a venture capital fund that it launched in May this year to expand its existing early-stage investing strateg... Read More


KKR to acquire Medicover's India hospital business

New Delhi, Aug. 6 -- US private equity firm KKR said it will acquire the India unit of Swedish healthcare provider Medicover AB's hospital operations amid growing interest in the country's healthcare ... Read More


KKR expands India healthcare platform with $1.4 bn Medicover deal

New Delhi, Aug. 6 -- US private equity firm KKR has agreed to acquire the India hospital business of Swedish healthcare provider Medicover AB in a deal valued at €1.2 billion (around $1.4 billio... Read More


SIDBI backs Cedar Hill Capital's AI-first fintech fund

New Delhi, Aug. 5 -- Mumbai-based early-stage venture capital firm Cedar Hill Capital has secured a commitment from the Small Industries Development Bank of India (SIDBI) for its maiden fund, adding a... Read More


River Mobility raises $120-mn Series C led by Elev8, Claypond

New Delhi, Aug. 5 -- Bengaluru-based electric two-wheeler maker River Mobility has raised $120 million (around Rs 1,141 crore) in a Series C funding round comprising equity and venture debt, as the co... Read More


EAAA Alternatives' commercial realty fund makes first Maharashtra bet

New Delhi, Aug. 5 -- EAAA Alternatives, the alternative asset management arm of Edelweiss Group, today announced the acquisition of a Pune office space through its flagship commercial real estate fund... Read More


Lighthouse Canton bets on a listed hospitality firm Emerald Leisures

New Delhi, Aug. 5 -- Lighthouse Canton, a Singapore-based wealth and asset management firm with over $5 billion in assets under management, has made an investment through its private credit fund in li... Read More


Elevation Capital's harvest from legacy investment crosses $1 bn

New Delhi, Aug. 5 -- Homegrown venture capital firm Elevation Capital, which recently closed its ninth flagship fund, raising $500 million to back early-stage AI-focussed startups in India, has furthe... Read More


Motilal Oswal PE to draw high returns even as portfolio firm takes valuation cut

New Delhi, Aug. 5 -- Motilal Oswal Alternates (MO Alts), the private equity unit of diversified financial services group Motilal Oswal Financial Services Ltd, is scripting benchmark beating returns in... Read More