Private Equity
Infrastructure
Actis buys Welspun's six road projects for $775 mn
UK’s global investor Actis has acquired a portfolio of six operating highway toll road projects in India from Welspun Enterprises...
Finance
Bain's Special Situations Fund to pivot from distressed to growth
Bain Capital’s $2 billion special situations Asia fund (SSA) II will restratergize India plans moving away from distressed...
Finance
Almost 1/3rd LPs have commitments to PE/VCs targeting crypto businesses: report
Almost a third of Limited Partners (LPs) across North America, Europe and Asia-Pacific currently have commitments to private equity...
TMT
PhysicsWallah joins unicorn club with $100 mn maiden fundraise
PhysicsWallah, an edtech platform for engineering and medical entrance exams, has raised $100 million (around Rs 777 crore) in...
Finance
Bain Capital Special Situations Asia Fund II raises over $2 bn
Global private equity company Bain Capital on Tuesday announced the closing of its second Asia-Pacific special situations...
Finance
Nippon to raise up to Rs 3,000 cr in multiple alternative investment funds
Japan investor-backed Nippon India Alternative Investments, a subsidiary of Nippon Life India Asset Management (NIAM), is set...
Finance
Canadian pension fund OTPP to set up office in Mumbai, expand India investments
Following in the footsteps of its counterparts CPP Investments and Caisse de dépôt et placement du Québec...
TMT
Deals Digest: Companies raise $706 mn this week
Companies raised $706 million in venture capital (VC) and private equity (PE) funding this week, lower than last week’s...
Infrastructure
Blackstone ARC defaults on resolution plan for road asset, could face action
Blackstone-backed International Asset Reconstruction Company (IARC) has opted out of its resolution plan for a southern stressed...
TMT
Edtech churn disrupts online teaching, brings tutors back to classroom
Ranjita L, a mathematics teacher at St Mary’s Convent School in Ghaziabad, is back in the classroom – the chalk-and-blackboard...