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ChrysCapital logs a rare dud in exit from eight-year-old BFSI bet

New Delhi, July 16 -- Homegrown private equity firm ChrysCapital is exiting a financial services company that it backed around eight years ago with barely any returns on its investment. The PE firm, ... Read More


Peak XV leads Neo Group's latest funding round

New Delhi, July 16 -- Indian wealth and asset management firm Neo Group has secured approximately Rs. 350 crore ($36.3 million) in a fresh funding round led by existing investor Peak XV Partners, the ... Read More


PE-backed microlender Arohan bags offshore capital to grow loan book

New Delhi, July 16 -- Arohan Financial Services Ltd, which is backed by private equity backers such as Tano Capital, Maj Invest and TR Capital, has tapped an offshore investor for debt capital. The K... Read More


PE-backed microlender Arohan taps offshore capital to grow loan book

New Delhi, July 16 -- Arohan Financial Services, which is backed by entities such as Tano Capital, Maj Invest and TR Capital, has tapped an offshore investor for debt capital. The Kolkata-headquarter... Read More


Temasek tastes a lemon while True North makes a forgettable PE exit

New Delhi, July 16 -- Indian private equity firm True North and Singaporean state investment firm Temasek are exiting a healthcare portfolio company with poor returns on their bet as the company has f... Read More


Lok Capital taps returning offshore LP for fifth PE Fund

New Delhi, July 16 -- India-focussed private equity firm Lok Capital, which invests in early- to growth-stage, high-impact and technology-enabled businesses, has roped in a returning overseas investor... Read More


Stakeboat Capital leads Series B funding in Quick Clean

New Delhi, July 16 -- Quick Clean Pvt Ltd, which offers laundry services to the hospitality and healthcare sectors, has raised Rs 133 crore (about $14 million) in a Series B round led by mid-market pr... Read More


L&T non-banking lending arm taps offshore investor

New Delhi, July 16 -- L&T Finance, the non-banking financial services arm of Indian conglomerate Larsen & Toubro Group, has roped in an international institutional investor for a $100 million (Rs 962 ... Read More


Blackstone unveils Asia-Pacific infrastructure platform, names India head

New Delhi, July 16 -- Private equity giant Blackstone has launched its Asia-Pacific infrastructure platform and appointed Ami Momaya as managing director and head of infrastructure for India, in a mov... Read More


Hero MotoCorp to invest $104 mn more in Ather Energy

New Delhi, July 15 -- Hero MotoCorp Ltd, India's largest two-wheeler maker and the biggest shareholder in Ather Energy, has approved an additional investment of up to Rs 1,000 crore (about $104 millio... Read More