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Capwise Financial to launch early-stage consumer fund under new Venture Studio arm

New Delhi, July 14 -- Financial services firm Capwise Financial, known for its investment banking practice, is set to roll out an early-stage consumer-focussed fund under its newly-created Venture Stu... Read More


I Squared Capital to deploy up to $2 bn in Saudi wealth fund PIF's portfolio

New Delhi, July 14 -- I Squared Capital, an infrastructure-focused global private equity firm, intends to deploy up to $2 billion in capital in the infrastructure and real estate assets owned by the P... Read More


Elevation Capital collects $500 mn for ninth fund to back early-stage startups

New Delhi, July 14 -- Homegrown venture capital firm Elevation Capital has closed its ninth flagship fund that will invest in early-stage AI-focused startups in India. The VC firm said it has collect... Read More


Fullerton's decarbonisation-focused PE fund strikes second India deal

New Delhi, July 14 -- Fullerton Carbon Action Fund, a private equity vehicle managed by Singapore-based Fullerton Fund Management that seeks to back mid-market companies pursuing decarbonisation strat... Read More


BII ropes in EAAIF to co-fund Macquarie-backed Blueleaf Energy

New Delhi, July 14 -- British International Investment (BII), the UK government's development finance arm, has roped in the Emerging Africa & Asia Infrastructure Fund (EAAIF) to co-invest in its mezza... Read More


Premji Invest bets nearly $100 mn on I Squared-backed Cube Highways InvIT

New Delhi, July 14 -- Premji Invest, the family office of Wipro founder chairman and billionaire Azim Premji, has invested Rs 950 crore (about $100 million) in Cube Highways Trust ahead of the infrast... Read More


Decoding Investcorp-backed Canpac's M&A game plan as it strikes fifth takeover

New Delhi, July 14 -- Canpac Trends Pvt Ltd, which is backed by Bahraini alternative investment firm Investcorp, is doubling down on an acquisition-led strategy to transform itself from a folding cart... Read More


Sigma Advanced Systems buys UK firm; Route Mobile snaps up Heltar Technologies

New Delhi, July 14 -- Hyderabad-based defence and aerospace precision engineering company Sigma Advanced Systems Ltd said Tuesday it has acquired the UK-based Bromford Precision Solutions Ltd for Rs 1... Read More


Sigma Advanced Systems buys UK firm; Route Mobile snaps up AI engagement firm

New Delhi, July 14 -- Hyderabad-based defence and aerospace precision engineering company Sigma Advanced Systems Ltd said Tuesday it has acquired the UK-based Bromford Precision Solutions Ltd for Rs 1... Read More


Grapevine: Fairfax, Warburg, Bain, Akasa Air, ITC Infotech, General Catalyst in news

New Delhi, July 14 -- Canadian investment firm Fairfax may increase its bid to acquire IDBI Bank, with the Indian government set to accept the offer, while multiple private equity firms are looking to... Read More