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General Catalyst-backed Primus teams up with HDFC Capital for senior living platform

New Delhi, July 24 -- Primus Senior Living Pvt Ltd, a Bengaluru-based company that counts global venture capital firm General Catalyst and Zerodha co-founder Nikhil Kamath as investors, has teamed up ... Read More


Will Temasek beat exit benchmark as Manipal Hospitals trims IPO size, valuation target?

New Delhi, July 24 -- Singapore state investor Temasek is set to generate strong returns from its partial exit from hospital operator Manipal Health Enterprises Ltd even as the latter seeks a lower va... Read More


Family offices lean on gold, global diversification to manage risks: Panelists at VCCircle summit

New Delhi, July 24 -- Indian family offices are increasing allocations to gold and building out multi-country investment structures as they navigate an increasingly unpredictable geopolitical backdrop... Read More


Family office of Kesh King founder Divisa makes LP bet on micro-VC firm

New Delhi, July 24 -- Divisa Family Office, the investment arm of the family behind consumer goods company Divisa Herbals popular for brands such as Kesh King, Dr Ortho and Pet Saffa, has made a limit... Read More


Grapevine: BNP Paribas, Warburg, SBI Funds, 3one4 Capital, Bira 91 in news

New Delhi, July 24 -- BNP Paribas is close to buying Warburg Pincus' stake in a life insurance joint venture with two public sector banks. Meanwhile, SBI Funds Management is planning a technology-foc... Read More


Grapevine: Maharashtra power distributor, Accenture, Blackstone, others in news

New Delhi, July 23 -- Maharashtra's power distributor has shortlisted investment bankers for a planned stock market listing, according to a media report. Separately, GCC platform ANSR is in talks wit... Read More


ServiceNow Ventures bets on BusinessNext at $700 mn valuation

New Delhi, July 23 -- Banking software provider BusinessNext has raised $40 million (Rs 386.1 crore) in its Series C funding round from ServiceNow Ventures, the corporate venture capital arm of Americ... Read More


ITC expands LP portfolio with bets on venture debt, AI-focused funds

New Delhi, July 23 -- Fast-moving consumer goods conglomerate ITC Ltd has expanded its Limited Partner (LP) portfolio as it invested in a venture debt fund and a venture capital fund that targets star... Read More


Hocco looks to scoop up fresh funding at higher valuation

New Delhi, July 23 -- Hocco Foods Pvt Ltd, the Ahmedabad-based ice cream brand owned by the Chona family, is in talks to raise a fresh funding round at a significantly higher valuation, at least three... Read More


EAAA Alternatives returns full drawn capital from third performing credit fund

New Delhi, July 23 -- EAAA Alternatives, the alternative asset management arm of Mumbai-based Edelweiss Group, has returned the entire drawn capital from its third performing credit fund to its limite... Read More