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Temasek, Accel-backed Cult.fit takes valuation hit ahead of IPO. Can it rebound?

New Delhi, July 8 -- Cult.fit Ltd, a fitness and health lifestyle platform that counts venture capital firms Accel and Chiratae Ventures besides Singapore's Temasek and strategic investors such as Tat... Read More


Nuvama-Cushman's PRIME Offices Fund hits final close

New Delhi, July 8 -- Nuvama and Cushman & Wakefield Management Pvt Ltd (NCW), a 50:50 joint venture between Nuvama Asset Management and Cushman & Wakefield, has achieved the final close of its PRIME O... Read More


CapitaLand to bring in Blackstone-backed firm's top exec to lead India investments

New Delhi, July 8 -- Singapore-headquartered CapitaLand Group, one of Asia's largest diversified real estate groups, is set to bring on board a senior executive from a firm backed by private equity be... Read More


WestBridge leads Series D funding in Elevate Education

New Delhi, July 8 -- Indian higher education platform Elevate Education has raised Rs 170 crore ($17.8 million) in a Series D funding round led by WestBridge Capital, the company said, as it looks to ... Read More


WSB Partners backs Bengaluru developer Sowparnika Projects again

New Delhi, July 8 -- Real-estate focussed investment firm WSB Partners has made a structured debt investment of Rs 75 crore (around $7.9 million) in Bengaluru-based real estate developer Sowparnika Pr... Read More


Africa-focussed Kuramo Capital Management secures $500 mn

New Delhi, July 8 -- Kuramo Capital Management, an independent private investment management firm focussed on sub-Saharan Africa, has raised $500 million (around Rs 4,757 crore) of capital from its li... Read More


Vivriti Asset eyes fundraising milestones for two vehicles, to expand debt offerings

New Delhi, July 8 -- Vivriti Asset Management Pvt Ltd, the private credit investing arm of the Chennai-headquartered Vivriti Group, intends to make fundraising milestones of two alternative investment... Read More


InCred Alts leads PE funding in gas analytics firm Adage Automation

New Delhi, July 8 -- Adage Automation Pvt. Ltd, a Goa-based maker of gas analysers and emission-monitoring systems, has raised Rs 230 crore (about $24.4 million) in a growth funding round led by InCre... Read More


Grapevine: InsuranceDekho, EQT, Ather Energy in news

New Delhi, July 8 -- The parent of InsuranceDekho has tapped investment banks for a stock market listing while Swedish private equity investor EQT is looking to list its outsourcing platform in India ... Read More


VC-backed handbag brand Miraggio weighs fundraise

New Delhi, July 7 -- Handbag and fashion accessory brand Miraggio, which had raised its Series A funding last year, is evaluating another funding round, according to two people close to the developmen... Read More