TMT
Wipro picks up minority stake in US-based startup Avaamo
Wipro Ltd said on Thursday it has picked up a minority stake in US-based artificial intelligence startup Avaamo Inc.The company ......
Finance
What is keeping investors away from buying into stressed assets?
Indian banks are grappling with stressed assets worth nearly $150 billion. The enactment of the Bankruptcy and Insolvency Code and ......
TMT
Actis leads $82 mn investment in Sequoia-backed Pine Labs
Private equity firm Actis Capital has led an $82 million (Rs 530 crore) round into payments solutions provider Pine Labs. ......
Healthcare
IFC to back GSK Velu's African medical technology firm
International Finance Corporation plans to provide a $2.75 million loan (about Rs 18 crore) to healthcare entrepreneur GSK Velu’s new ......
Finance
Multiples PE's Renuka Ramnath on why investors need a flexible strategy for India
Renuka Ramnath, founder of private equity firm Multiples Alternate Asset Management, says limited Partners are a lot more open about ......
Manufacturing
ADV Partners-backed Amber Enterprises buys into Pune electronics firm
Amber Enterprises India Ltd, which makes air-conditioners for companies such as Whirpool and Daikin, has agreed to acquire a 70% ......
People
Uber founder Travis Kalanick floats investment fund for India, China
Travis Kalanick, the controversial founder of cab-hailing firm Uber Technologies Inc., is setting up an investment fund that will back ......
Finance
What will it take to expand the PE/VC industry in India?
Over the past few years the government and the financial sector regulators have taken many steps aimed at growing India's ......
Finance
Can local capital change Indian PE industry's dynamics?
India's alternative investment fund industry has seen phenomenal growth over the past decade. Still, alternative investments remain on the fringes ......
Manufacturing
IFC plans $40 mn debt investment in Jain Irrigation
International Finance Corporation will invest $40 million (Rs 260 crore) in Jain Irrigation Systems Ltd to partially finance the agribusiness ......
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