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Sindhuja Microcredit raises $5 mn in pre-Series D round

New Delhi, May 11 -- Noida-headquartered Sindhuja Microcredit has raised $5 million (nearly Rs 48 crore) in a pre-Series D funding round led by existing investors Abler Nordic, GAWA Capital, and Oikoc... Read More


How did KKR, TR Capital fare in exit from India portfolio firm?

New Delhi, May 11 -- New York-based alternative asset manager KKR, among the top private equity firms in terms of exits in India last year, has pressed the sell button on another one of its consumer p... Read More


Early-stage VC firm a99 names new partner

New Delhi, May 11 -- Early-stage focussed venture capital firm a99 (formerly Artha99), which is raising Rs 1,000 crore (around $105 million) for its third investment vehicle, has strengthened its lead... Read More


Flo Mobility, Bobakat, LifeSigns, others pocket early-stage cheques

New Delhi, May 11 -- Construction robotics startup Flo Mobility, beverage brand Bobakat, healthcare monitoring platform LifeSigns, women-focussed travel gear startup NORI, and sustainable detergent st... Read More


LC Nueva closes Momentum Fund I, adds new partner

New Delhi, May 11 -- LC Nueva Investment Partners, a joint platform backed by global investment institution Lighthouse Canton and Delhi-based Nueva Capital, has completed the final close of its follow... Read More


India Alternatives taps returning LP for third private equity fund

New Delhi, May 11 -- India Alternatives, a mid-market private equity firm led by Shivani Bhasin Sachdeva, is set to bring an overseas returning limited partner to back its third sector-agnostic invest... Read More


I Squared eyes transmission platform in India, builds on infrastructure bets

New Delhi, May 11 -- Infrastructure-focussed private equity firm I Squared Capital is preparing to launch a dedicated power transmission platform in India, according to several industry executives, ex... Read More


Blackstone, Bain, IFC portfolio firms and Zepto get SEBI nod for IPOs

New Delhi, May 8 -- Private equity firm Blackstone's industrial and logistics platform in India, an agrochemical company backed by the World Bank Group's International Finance Corporation, a wiring ha... Read More


Fairfax to gain majority stake in IIFL Capital with $211 mn investment

New Delhi, May 7 -- Canadian investment firm Fairfax India Holdings Corp will infuse Rs 2,000 crore (around $211 million) into IIFL Capital Services Ltd to increase its stake in the Indian broking fir... Read More


US-based Cerberus elevates insider to head India ops

New Delhi, May 7 -- New York-headquartered alternative investment firm Cerberus Capital Management has appointed longtime executive Rahul Sangwan as head of its India business, VCCircle has learnt. S... Read More