Sumit Upadhyaya
Finance
PNB Housing backer Ares raises its biggest Asia special situations fund
New York-listed Ares Management Corp has secured $2.4 billion in capital commitments for its sixth—and thus far biggest—Asia-focused fund to ......
Finance
Norwest, TPG leading over $100 mn BFSI sector bet; rope in co-investors
American venture capital and growth equity investor Norwest Venture Partners and private equity firm TPG Growth are leading an investment of more than $100 ......
Manufacturing
Vietnamese EV maker VinFast plans up to $200-mn India assembly facility
Vietnam’s VinFast plans to set up a plant to assemble its cars in India, as it looks to tap into ......
Healthcare
TPG-backed firm to absorb Indian drugmaker's contract development biz, go public
An Indian biopharmaceutical company that counts private equity firm TPG as an investor will absorb a local drugmaker’s contract development ......
Infrastructure
Arohan, Innoviti backer FMO takes a deep haircut on India debt investment
Dutch development finance institution FMO has taken a deep haircut on one of its debt investments in India, which accounts ......
Consumer
Everstone takes another $180 mn out of Burger King India operator
Private equity firm Everstone Capital, which has initiated almost half a dozen exit moves over the past year to attract ......
Infrastructure
How is IFC faring in partial exit from Indian real estate bet?
International Finance Corporation, the private-sector investment arm of the World Bank Group, is set to make a lacklustre partial exit ......
Finance
Ventureast set to score 80x returns in partial exit from legacy bet
Ventureast, one of the oldest venture capital firms operating in India, is set to strike a multibagger partial exit from ......
Finance
Motilal Oswal Alternates set to back another financial services firm
Motilal Oswal Alternates (MO Alts), the alternative investment arm of Motilal Oswal Group, is close to investing in a financial ......
Manufacturing
GIC adds PE-backed manufacturing company to India portfolio
Singapore sovereign wealth fund GIC, one of the most active private equity-style investors in India, has added a manufacturing company ......
