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Why PE firm Somerset is keen to invest in senior living space

New Delhi, June 25 -- Private equity firm Somerset Indus Capital Partners, which has so far taken exposure across hospitals, diagnostics, medical devices, pharma and allied domains in the healthcare s... Read More


Hang Ten Systems, SuperLiving, Zave raise early-stage funding

New Delhi, June 25 -- Enterprise AI services startup Hang Ten Systems, AI wellness platform SuperLiving, and AI shopping assistant platform Zave have raised fresh funding to expand their products, str... Read More


Areion Asset floats $60 mn fund for offshore investors

New Delhi, June 25 -- Areion Assets Management, the investment management arm of Areion Group, has launched a Category-III alternative investment fund (AIF) named Areion Growth Fund - GIFT City. Regi... Read More


Enpee Group said to mull sale of solar arm RenewSys India

New Delhi, June 25 -- Transnational conglomerate Enpee Group is looking to sell its solar photovoltaic manufacturing business in India, as part of a portfolio rationalisation drive focused on shedding... Read More


Grapevine: IDBI Bank, Fairfax, Sarvam, Toddle in news

New Delhi, June 25 -- The government's long-delayed sale of IDBI Bank appears to be back on track after Fairfax India Holdings submitted a revised proposal, while the Centre could also emerge as a min... Read More


ChrysCapital's LPs in continuation fund eye golden harvest

New Delhi, June 24 -- Private equity firm ChrysCapital, which raised the single-largest sector-agnostic PE fund for India last year, has lined up another partial exit for the Limited Partners (LPs) of... Read More


Spotlight: Decoding Blackstone-backed Nexus Select Trust's 'Look East' strategy

New Delhi, June 24 -- For most of its existence, Nexus Select Trust has been a creature of India's north, west, and south. The Blackstone-backed real estate investment trust, India's first and only li... Read More


Multiples PE-backed Zenex, EQT look to bag stake in local animal nutrition firm

New Delhi, June 24 -- Animal healthcare focussed firm Zenex Animal Health Pvt Ltd and global private equity firm EQT are evaluating investment in a company that offers a wide range of products specifi... Read More


GEMS Education to float India-focused PE fund, plans 30 schools

New Delhi, June 24 -- GEMS Education (India), part of the Dubai-based Varkey Group that operates one of the world's largest chain of K-12 private schools, plans to invest up to $30 million (Rs 283 cro... Read More


Japan's MUFG to consolidate Ganesha Fund with Dragon Funds, to raise new vehicle

New Delhi, June 24 -- Mitsubishi UFJ Financial Group has decided to consolidate its India-focused investment vehicle Ganesha Fund with its broader global growth-equity investment platform Dragon Funds... Read More