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Avendus triggers greenshoe after crossing $242 mn for third private credit fund

New Delhi, Feb. 24 -- Avendus PE Investment Advisors, the asset management arm of Avendus Group, has secured commitments of over Rs 2,200 crore (around $242 million) for its third structured credit ve... Read More


Xflow, Basil, HireBound, optoML, others raise funding

New Delhi, Feb. 24 -- B2B cross-border payments platform Xflow, kids-first essentials brand Basil, AI recruiting platform HireBound, fabless semiconductor startup optoML, among other startups, have se... Read More


Xflow, Basil, HireBound, optoML raise funding

New Delhi, Feb. 24 -- B2B cross-border payments platform Xflow, kids-first essentials brand Basil, AI recruiting platform HireBound, and fabless semiconductor startup optoML have secured funding in se... Read More


Bain Capital-backed Dhoot to acquire custom parts maker FourFront

New Delhi, Feb. 24 -- Bain Capital-backed wiring harness maker Dhoot Transmission Ltd, which recently filed draft papers for an initial public offering (IPO), is set to acquire FourFront Ltd, a manufa... Read More


Blackstone-backed Nexus Select Trust to buy 50% in under-construction Mumbai mall

New Delhi, Feb. 24 -- Nexus Select Trust, a retail-focused real estate investment trust (REIT) sponsored by private equity firm Blackstone, is picking up a 50% stake in a shopping mall being construct... Read More


Vertex Ventures leads $17.5 mn Series B round in Wishlink

New Delhi, Feb. 24 -- Creator commerce platform Wishlink has raised $17.5 million (around Rs 159.2 crore) in a Series B funding round led by Vertex Ventures Southeast Asia & India, as it looks to deep... Read More


Hillhouse Investment picks up minority stake in Quest Global

New Delhi, Feb. 23 -- Private equity firm Hillhouse Investment said Monday it has agreed to acquire a minority stake in engineering services company Quest Global for an undisclosed amount. The transa... Read More


Mojro, DATOMS, Myelin Foundry, MyDesignation raise funding

New Delhi, Feb. 23 -- Software-as-a-service (SaaS) startup Mojro, asset tracking platform DATOMS, AI company Myelin Foundry, and D2C fashion brand MyDesignation have secured funding in separate rounds... Read More


ChrysCapital inks $159 mn control deal for Novartis India, makes open offer

New Delhi, Feb. 20 -- Homegrown private equity firm ChrysCapital has agreed to acquire Swiss pharmaceutical major Novartis AG's entire stake in its Mumbai-listed unit for Rs 1,445.8 crore ($159 millio... Read More


Peak XV Partners raises $1.3 bn for three funds to invest in India, Asia-Pacific

New Delhi, Feb. 20 -- Multi-stage venture capital firm Peak XV Partners said Friday it has secured $1.3 billion in new capital commitments across three funds to invest in India and Asia-Pacific. The ... Read More