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IIFL Wealth, others invest $53 mn in TPG Growth-backed SK Finance

Finance

23 December, 2021

IIFL Wealth, others invest $53 mn in TPG Growth-backed SK Finance

Private equity-backed SK Finance (formerly Ess Kay Fincorp), a Jaipur-based unlisted used-vehicle and SME financier, has closed...

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Three  senior  Paytm execs  put in papers

Finance

23 December, 2021

Three  senior  Paytm execs  put in papers

Three senior executives have resigned from Paytm, two people aware of the matter said, adding to a series of departures ......

PE exits hit 5-year low as investors caution over valuations: IIFL-VCCEdge report

Finance

22 December, 2021

PE exits hit 5-year low as investors caution over valuations: IIFL-VCCEdge report

Private equity (PE) exits hit a five-year low with deal volume and value falling 18%, led by a dip in ......

Former KKR executive Rupen Jhaveri joins Piramal Group as President

People

22 December, 2021

Former KKR executive Rupen Jhaveri joins Piramal Group as President

Billionaire Ajay Piramal-owned Piramal Enterprises Ltd has roped in former global private equity KKR & Co's executive...

Warburg Pincus closes $2.8 billion inaugural Asia real estate fund

Infrastructure

22 December, 2021

Warburg Pincus closes $2.8 billion inaugural Asia real estate fund

U.S. private equity powerhouse Warburg Pincus has closed its inaugural Asia-focused real estate fund at $2.8 billion, the firm...

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TIW Private Equity-backed Credence Family Office to acquire 51% in Cumulative Ventures

Consumer

21 December, 2021

TIW Private Equity-backed Credence Family Office to acquire 51% in Cumulative Ventures

Credence Family Office, backed by TIW Private Equity, is set to acquire a 51% equity stake in mid-market focused investor ......

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ChrysCapital-backed WOW Skin Science eyes fresh fundraise at around $400 mn valuation

Consumer

21 December, 2021

ChrysCapital-backed WOW Skin Science eyes fresh fundraise at around $400 mn valuation

Skincare and wellness brand, WOW Skin Science, is in discussion with institutional funds to raise a fresh round of funding ......

SoftBank-backed Snapdeal files for an IPO

Finance

21 December, 2021

SoftBank-backed Snapdeal files for an IPO

E-commerce platform Snapdeal has filed a draft red herring prospectus (DRHP) with the Securities Exchange Board of India (SEBI)...

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Indian technology startups come of age in 2021 with big-bang IPOs

TMT

21 December, 2021

Indian technology startups come of age in 2021 with big-bang IPOs

When online food delivery firm Zomato filed for its $1.11 billion initial public offering (IPO) in April, the second covid ......

Bizongo raises $110 mn in funding led by Tiger Global, valuation at $600 mn

Manufacturing

20 December, 2021

Bizongo raises $110 mn in funding led by Tiger Global, valuation at $600 mn

Private equity-backed Bizongo announced its latest fundraise of $110 million in Series D round led by New York-based Tiger Global...

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