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NIIF, CDC-backed Ayana Renewable closes deal to buy 100% stake in ACME's solar plant

Infrastructure

14 December, 2021

NIIF, CDC-backed Ayana Renewable closes deal to buy 100% stake in ACME's solar plant

National Investment and Infrastructure Fund (NIIF)-owned Ayana Renewable Power Private Ltd (Ayana), announced the closure of a...

Rakesh Jhunjhunwala-backed Arrivae raises $7 mn in Series B funding round led by Havells Group

Consumer

14 December, 2021

Rakesh Jhunjhunwala-backed Arrivae raises $7 mn in Series B funding round led by Havells Group

Arrivae, a made-to-order furniture manufacturer and home improvement company, has raised Rs 50 crore (around $7 million) in a...

NephroPlus closes $24 mn series E round from IIFL AMC, existing investors

Healthcare

13 December, 2021

NephroPlus closes $24 mn series E round from IIFL AMC, existing investors

Dialysis chain NephroPlus, backed by Bahrain-based private equity firm Investcorp, has raised $24 million (around Rs 180 crore)...

Ninjacart pockets $145 mn in fresh funding from Flipkart, Walmart

TMT

13 December, 2021

Ninjacart pockets $145 mn in fresh funding from Flipkart, Walmart

Ninjacart, a business-to-business marketplace for agricultural produce, said on Monday it has raised $145 million (Rs 1,095 crore)...

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InvAscent exits Synergia life Sciences with over 11-fold returns after sale to Novozymes

Healthcare

13 December, 2021

InvAscent exits Synergia life Sciences with over 11-fold returns after sale to Novozymes

Healthcare-focussed private equity (PE) firm InvAscent has exited Synergia Life Sciences Pvt Ltd, with over 11-fold returns after...

Ares SSG arm-Reliance and Welspun among 4 bidders to acquire stressed Sintex Industries

Manufacturing

13 December, 2021

Ares SSG arm-Reliance and Welspun among 4 bidders to acquire stressed Sintex Industries

Billionaire Mukesh Ambani-owned Reliance Industries (RIL) has partnered with Ares SSG Capital-backed Assets Care &...

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Temasek's Sheares Healthcare acquires majority stake in Medica Synergie

Healthcare

13 December, 2021

Temasek's Sheares Healthcare acquires majority stake in Medica Synergie

Temasek Holdings-owned Sheares Healthcare India has acquired a majority stake in Kolkata-based Medica Synergie Pvt Ltd, two people...

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LPs to expand Asia-Pacific presence outside China in next 3 years, says Coller Capital survey

Finance

13 December, 2021

LPs to expand Asia-Pacific presence outside China in next 3 years, says Coller Capital survey

Limited Partners (LPs) plan to widen their presence outside China in the Asia-Pacific region in the next three years, according...

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Deals Digest: Companies raise $946.57 this week, Pristyn Care turns unicorn

Finance

10 December, 2021

Deals Digest: Companies raise $946.57 this week, Pristyn Care turns unicorn

Companies raised $946.57 million in venture capital (VC) and private equity (PE) funding this week, and health-tech startup Pristyn...

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ICICI Venture makes 6-fold gain on part exit from Go Fashion India

Consumer

10 December, 2021

ICICI Venture makes 6-fold gain on part exit from Go Fashion India

India Advantage Fund (IAF), managed by ICICI Venture, has made another part-exit from its recently-listed portfolio company,...

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