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I Squared Capital unveils $1-bn power transmission platform for India

New Delhi, May 22 -- US private equity firm I Squared Capital on Friday launched power transmission platform Cube Grid, which will deploy up to $1 billion (approximately Rs 9,596 crore) to acquire and... Read More


Xponentia, Elevation-backed The Souled Store logs topline jump in FY26

New Delhi, May 22 -- Pop-culture apparel brand The Souled Store, backed by private equity firms such as Xponentia Capital, RPSG Capital, Elevation Capital and Alteria Capital, has recorded strong reve... Read More


Bottomline: How KKR-backed Vertis' topline, assets surged on acquisition spree ahead of IPO

New Delhi, May 22 -- Vertis Infrastructure Trust, an infrastructure investment trust (InvIT) sponsored by private equity firm KKR, recorded a steep jump in its revenue and profits during the last fina... Read More


Temasek-backed smart fan maker Atomberg set to file for IPO

New Delhi, May 22 -- Atomberg Technologies Pvt Ltd, known for its brushless direct current (BLDC) fans and other smart home appliances, is close to filing a draft red herring prospectus (DRHP) with ma... Read More


Steel pipe maker MAN Industries buys Saudi firm for $102 mn

New Delhi, May 22 -- Mumbai-listed MAN Industries (India) Ltd, which manufactures large-diameter steel pipes, has acquired Saudi Arabia-based National Pipe Company Ltd (NPC) for $102 million (about Rs... Read More


Greater Pacific Capital names Nandan Desai sole India head as co-head leaves

New Delhi, May 22 -- Greater Pacific Capital (GPC), the UK-based private equity firm, has overhauled its leadership in India, with Nandan Desai taking over as the head of the India business. Desai, w... Read More


Insurance Essentials for Vehicles After CNG/LPG Conversion

New Delhi, May 22 -- India's focus on sustainable and cleaner energy sources has led to a significant shift among vehicle owners towards CNG and LPG vehicles. These alternative fuel vehicles are not o... Read More


Senior executive exits alternative asset manager HQ Capital

New Delhi, May 22 -- A senior executive at HQ Capital, a global independent alternative investment manager, has quit the firm after nearly a decade, at least two people familiar with the development t... Read More


Grapevine: Reliance Jio, Purvah Green, Inox, Hexa, Greencell, Peak XV in news

New Delhi, May 21 -- Reliance Industries Ltd has slowed preparations for the planned initial public offering of Jio Platforms while Purvah Green, Inox Clean Energy and Hexa Climate have submitted bind... Read More


Sadev Ventures ropes in Snabbit senior exec as co-founder, partner

New Delhi, May 21 -- Sadev Ventures, the early-stage venture capital firm founded by former BharatPe chief operating officer Dhruv Dhanraj Bahl, has appointed former Snabbit and CRED executive Ishan K... Read More