Manufacturing
Warburg Pincus to invest $210 mn in medical devices firm Micro Life Sciences
New York-based private equity player Warburg Pincus, through its Dutch affiliate South Elm Investments B.V., has signed a definitive...
Finance
World Bank arm IFC to double down its investments into funds in 2022
Global impact investor International Finance Corporation (IFC) plans to double its investments to around $2 billion in India-based...
Consumer
Unicorn Watch: Vedantu plans global operations with an eye on IPO
India’s second-largest online tutoring platform Vedantu Innovations Pvt Ltd, which turned unicorn last year, is set to foray...
Manufacturing
Warburg Pincus set to acquire a minority stake in medical device manufacturer
The New York-headquartered private equity major, Warburg Pincus, is set to acquire a minority stake in a Gujarat-based medical...
Consumer
BigBasket acquires Kerala startup Agrima Infotech
Tata-group owned online grocery seller BigBasket has acquired the enterprise business unit of a deep-tech company Agrima Infotech...
Infrastructure
Sundaram Alternate Assets credit fund manager quits
Kumaran Chandrasekaran, the fund manager of the credit vertical of the alternative investment arm of Chennai-based Sundaram Asset...
People
CDC elevates Abhinav Sinha, three others as managing directors
CDC, the UK’s development finance institution that will soon be renamed British International Investment (BII), has appointed...
TMT
Jio to invest $200 mn in Singapore's AI-backed lock screen firm Glance
Glance, an artificial intelligence (AI)-driven lock-screen live content and commerce platform, has agreed to raise $200 million...
Infrastructure
HDFC Capital, IFC-backed realty player hires bankers for ₹1,000 cr IPO
Affordable housing real estate developer Signature Global (India) Pvt Ltd has hired merchant bankers to raise around ₹1,000...
Finance
PE-backed CredAvenue buys majority stake in 6-year old Fintech firm
CredAvenue, a debt marketplace for financial services firms and enterprises, has acquired around 75% stake in Mumbai-based Spocto...
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