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True North, ICICI Venture set to clock dream returns from two IPO-bound bets

Finance

14 November, 2023

True North, ICICI Venture set to clock dream returns from two IPO-bound bets

A BFSI firm backed by homegrown private equity firm True North and an original equipment manufacturer of home appliances......

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Deals Digest: Investment activity slows down in the week leading up to Diwali

Finance

10 November, 2023

Deals Digest: Investment activity slows down in the week leading up to Diwali

Funding activity by private equity and venture capital firms slowed down this week amid a dearth of big-ticket ......

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CPPIB slows investment pace in India, clocks an exit

Finance

10 November, 2023

CPPIB slows investment pace in India, clocks an exit

Canada Pension Plan Investment Board (CPPIB), which ended the previous fiscal year with its net assets in India ......

Faering Capital picks up a piece of bakery chain with $16-mn cheque

Consumer

10 November, 2023

Faering Capital picks up a piece of bakery chain with $16-mn cheque

Online-first bakery brand Bakingo said Friday it has raised $16 million (around Rs 130 crore) from homegrown private ......

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Spotlight: How farm logistics firm NCML turned into Fairfax's biggest India flop

Infrastructure

10 November, 2023

Spotlight: How farm logistics firm NCML turned into Fairfax's biggest India flop

A little more than eight years ago, Indian-born Canadian billionaire Prem Watsa’s Fairfax India Holdings Corp took ......

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Sugar Cosmetics in talks with sovereign funds, PE firms for fresh funding

Consumer

10 November, 2023

Sugar Cosmetics in talks with sovereign funds, PE firms for fresh funding

Direct-to-consumer (D2C) brand Sugar Cosmetics is looking to raise $100 million in a new funding round that will value ......

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Affirma Capital charts over $300 mn exit from India tech investment

TMT

10 November, 2023

Affirma Capital charts over $300 mn exit from India tech investment

Emerging markets-focused private equity firm Affirma Capital has set the ball rolling to make a partial exit with ......

KKR-backed InCred Finance raises fresh capital as valuation tops $1 bn

Finance

09 November, 2023

KKR-backed InCred Finance raises fresh capital as valuation tops $1 bn

InCred Finance, the lending arm of financial services provider InCred Group, said Thursday it has raised Rs 500 crore ($......

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Everstone extends monetization spree with exit from nearly decade-old IT bet

TMT

09 November, 2023

Everstone extends monetization spree with exit from nearly decade-old IT bet

India-focused private equity firm Everstone Capital has scored an exit from an information technology services ......

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Aim to back Asian firms eyeing Middle East expansion from new fund: Gulf Capital CEO

Finance

09 November, 2023

Aim to back Asian firms eyeing Middle East expansion from new fund: Gulf Capital CEO

The UAE-based private equity firm Gulf Capital is set to roll out its fourth fund that it expects will have ......

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