Finance
Northern Arc refills its account with fresh capital from SMBC, PE investors
Non-banking financial company Northern Arc Capital Ltd. has received a fresh dose of capital from Japan’s Sumitomo Mitsui...
Finance
IEG Group floating venture capital fund for India
German investment banking group IEG’s joint venture in India is floating an alternative investment fund targeting early-stage...
Finance
Piramal Group poised to team up with Canadian investor for debt fund
Piramal Capital & Housing Finance Ltd is set to float a debt fund in a partnership with a Canadian pension ......
TMT
Reliance-controlled Embibe set to acquire ed-tech startup, VCs to take haircut
Ed-tech startup Embibe, which is majority-owned by Reliance Industries Ltd, is in advanced stages of discussion to acquire a peer...
Finance
Piramal Capital hits first close of structured debt fund
Piramal Capital & Housing Finance Ltd has hit the first close of a structured debt fund that will help it ......
People
PremjiInvest's former investment chief to float private equity platform
Prakash Parthasarathy, former investment chief of PremjiInvest, the family office of ex-Wipro chairman Azim Premji, is in the...
Consumer
Sequoia-backed Indigo Paints hires bankers to float IPO
Pune-based paints manufacturer Indigo Paints has hired merchant bankers to launch an initial public offering (IPO), two people...
Finance
New York-based fund close to investing in Pune NBFC Electronica Finance
Electronica Finance Ltd, a Pune-based non-banking financial company, is in the late stages of raising its first external equity...
Finance
Multiples PE-backed APAC looks for acquisitions to boost growth
APAC Financial Services Pvt. Ltd, which is promoted by former Deutsche Bank Asia-Pacific chief Gunit Chadha, is scouting for potential...
Finance
We have backed about 20 PE-VC funds, experience has been mixed: Union Bank GM
Union Bank of India expects its PE-VC pool to bump up two times as the limited partner becomes the fifth-largest ......