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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


Rashi Peripherals, MoEngage, Daxko strike acquisition deals

New Delhi, June 24 -- Technology distributor Rashi Peripherals Ltd has agreed to acquire a controlling stake in enterprise technology solutions provider VDA Infosolutions Pvt Ltd, while customer engag... Read More


JustAI, Bodycraft, Ikin Global pocket early-stage cheques

New Delhi, June 24 -- AI marketing platform JustAI, beauty and wellness chain Bodycraft, and smart lock maker Ikin Global have raised fresh capital in separate rounds. JustAI AI marketing platform J... Read More