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Former Novartis China chief Jeff Li's GL Capital taps LP for new fund

Finance

17 March, 2023

Former Novartis China chief Jeff Li's GL Capital taps LP for new fund

GL Capital, founded in 2010 by former Novartis China country president Jeffrey Li, has tapped a Limited Partner (LP) for......

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Deals Digest: Startup funding value doubles this week as PhonePe, Lenskart get big cheques

TMT

17 March, 2023

Deals Digest: Startup funding value doubles this week as PhonePe, Lenskart get big cheques

The total value of private equity and venture capital deals in India more than doubled this week from the previous ......

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Morgan Stanley PE, BanyanTree use buyback to wriggle out of education bet as IPOs stall

Consumer

16 March, 2023

Morgan Stanley PE, BanyanTree use buyback to wriggle out of education bet as IPOs stall

A private equity fund of Morgan Stanley and Indian mid-market PE firm BanyanTree Capital are close to finalising a ......

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ChrysCapital-owned Xoriant hires new CEO in growth push

People

16 March, 2023

ChrysCapital-owned Xoriant hires new CEO in growth push

California-based Xoriant, a software engineering and digital services company majority owned by Indian private equity ......

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Apis Partners inks fifth full exit from maiden fund in South Africa

Finance

16 March, 2023

Apis Partners inks fifth full exit from maiden fund in South Africa

Apis Partners, the UK-based private equity firm that has backed growth-stage companies mostly in financial services and ......

SVB fallout to weigh on banks, PE firms turning to peers for debt: Bain Capital's Connaughton

Finance

16 March, 2023

SVB fallout to weigh on banks, PE firms turning to peers for debt: Bain Capital's Connaughton

Bain Capital's co-managing partner, John Connaughton, told Reuters on Wednesday that the fallout from SVB Financial ......

ADIA to invest $500 mn in Lenskart

TMT

16 March, 2023

ADIA to invest $500 mn in Lenskart

Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund of the Gulf emirate, has signed definitive documents to ......

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How Canadian pension fund OTPP stepped up its India play last year

Finance

15 March, 2023

How Canadian pension fund OTPP stepped up its India play last year

Ontario Teachers’ Pension Plan (OTPP) rapidly stepped up its investments into Indian companies last year, joining ......

BPEA EQT, other PE firms eye stake in Shriram Finance's housing arm

Finance

15 March, 2023

BPEA EQT, other PE firms eye stake in Shriram Finance's housing arm

Indian shadow lender Shriram Finance is looking to pare as much as 15% stake in its housing finance arm at ......

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Exclusive: Gujarat Titans owner CVC Capital in talks for new India deal

Healthcare

14 March, 2023

Exclusive: Gujarat Titans owner CVC Capital in talks for new India deal

CVC Capital Partners, the European private equity firm that owns the Ahmedabad franchise of the Indian Premier League T-......

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