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ADIA to invest Rs 655 cr in Aditya Birla Health Insurance for 10% stake

Finance

12 August, 2022

ADIA to invest Rs 655 cr in Aditya Birla Health Insurance for 10% stake

The boards of directors of Aditya Birla Capital Ltd and Aditya Birla Health Insurance Co. Ltd (ABHI) on Friday approved ......

TPG quarterly earnings more than triple on fee growth, asset sales

Finance

09 August, 2022

TPG quarterly earnings more than triple on fee growth, asset sales

TPG Inc said on Tuesday its second-quarter after-tax distributable earnings more than tripled, owing to strong growth in......

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Kedaara emerges frontrunner for majority stake in derma clinic chain

Healthcare

08 August, 2022

Kedaara emerges frontrunner for majority stake in derma clinic chain

Homegrown private equity fund Kedaara Capital has emerged as the frontrunner to invest Rs 350 crore ($44 million) for a ......

Fintech startups raise $3.4 bn in 2022 so far: Report

TMT

08 August, 2022

Fintech startups raise $3.4 bn in 2022 so far: Report

Fintech startups have raised $3.4 billion in funding as of July 2022 with 191 recorded deals, a report by fintech-......

Carlyle's CEO Kewsong Lee steps down

People

08 August, 2022

Carlyle's CEO Kewsong Lee steps down

Global private equity firm Carlyle’s Kewsong Lee has stepped down as chief executive officer with immediate effect, ......

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ASG, Dr Agarwal's in race to acquire IFC-backed Eye-Q

Healthcare

04 August, 2022

ASG, Dr Agarwal's in race to acquire IFC-backed Eye-Q

Flush with funds from recent private equity rounds, ASG Hospital Pvt. Ltd and Dr Agarwal’s Health Care Ltd are vying ......

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LC  Nueva  marks second close of debut fund, raises targeted corpus

Finance

04 August, 2022

LC  Nueva  marks second close of debut fund, raises targeted corpus

LC Nueva Investment Partners has marked the second close of its debut fund at $40 million (Rs ₹300 crore), raising ......

Kotak's alternative asset arm floats Rs 1,500 cr fund to invest in other PEs, VCs

Finance

02 August, 2022

Kotak's alternative asset arm floats Rs 1,500 cr fund to invest in other PEs, VCs

Kotak Investment Advisors Limited (KIAL), on Tuesday announced the launch of its “Fund of Funds (FoF)” to invest in ......

Avendus Future Leaders Fund invests in Xpressbees via secondary deal

TMT

02 August, 2022

Avendus Future Leaders Fund invests in Xpressbees via secondary deal

Late-stage investor Avendus Future Leaders Fund has acquired a stake in e-commerce logistics provider Xpressbees from ......

NIIF acquires 4th road asset under its Master Fund

Infrastructure

02 August, 2022

NIIF acquires 4th road asset under its Master Fund

Government-backed National Investment and Infrastructure Fund Ltd (NIIF) has fully acquired Shapoorji Pallonji Group’s......

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