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Joseph Rai

Kinara Capital raises $15 mn from Gaja Capital, others

Finance

13 October, 2017

Kinara Capital raises $15 mn from Gaja Capital, others

Micro, small and medium enterprise-focussed non-banking financial company Kinara Capital has raised Rs 96 crore ($14.7 ......

Equanimity Investments raising debut $15 mn VC fund

Finance

12 October, 2017

Equanimity Investments raising debut $15 mn VC fund

Venture capital firm Equanimity Investments is raising Rs 100 crore ($15.3 million) for its debut fund to invest in early-stage ......

Bharti Airtel to acquire Tata's consumer telecom business

TMT

12 October, 2017

Bharti Airtel to acquire Tata's consumer telecom business

Bharti Airtlel Ltd, India’s largest mobile-phone operator, has agreed to acquire the consumer telecom business of the diversified Tata Group, ......

S-Squared Capital to inject fresh money into Vatsalya Dental

Healthcare

12 October, 2017

S-Squared Capital to inject fresh money into Vatsalya Dental

US-based S-Squared Capital Investments has committed to invest another Rs 20 crore ($3.06 million) in Special Smiles Pvt Ltd, which ......

Premium
Eyeing concentrated VC bets to keep hit rate high in India: Bertelsmann's Makkar

Finance

12 October, 2017

Eyeing concentrated VC bets to keep hit rate high in India: Bertelsmann's Makkar

Bertelsmann India Investments (BII), the strategic investment arm of one of the world's largest mass media companies, BertelsmannSE & Co. ......

Premium
SAIF Partners picks up stake in Temasek-backed FMCG company

Consumer

11 October, 2017

SAIF Partners picks up stake in Temasek-backed FMCG company

Multi-stage fund manager SAIF Partners, which has revived investments in public equities after focussing on core venture capital bets over ......

Premium
PE firms pull out $60 mn from IEX in a deal with IIFL's pre-IPO fund, others

Infrastructure

11 October, 2017

PE firms pull out $60 mn from IEX in a deal with IIFL's pre-IPO fund, others

Private equity investors in Indian Energy Exchange Ltd (IEX) have sold shares worth Rs 395.5 crore ($60 million) to a ......

Lupin buys US-based Symbiomix Therapeutics for $150 mn

Healthcare

11 October, 2017

Lupin buys US-based Symbiomix Therapeutics for $150 mn

Homegrown drugmaker Lupin Ltd has acquired US-based Symbiomix Therapeutics LLC for a cash consideration of $150 million (Rs 980 crore) ......

TPG Growth partner Vish Narain steps down

People

10 October, 2017

TPG Growth partner Vish Narain steps down

Vishwarupe Narain, who joined TPG Growth in 2007 and was elevated as a partner four years ago, is leaving the ......

New PE-backed diagnostics firms hurting growth, says Thyrocare founder

Healthcare

10 October, 2017

New PE-backed diagnostics firms hurting growth, says Thyrocare founder

Diagnostics chain Thyrocare Technologies Ltd, which was listed on the stock exchanges last year, is seeing disruption from new-age private ......