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Meat e-tailer Zappfresh seen taking valuation cut as it files for IPO

TMT

28 August, 2024

Meat e-tailer Zappfresh seen taking valuation cut as it files for IPO

Raw meat e-commerce startup Zappfresh, which is run by Delhi-based DSM Fresh Foods Ltd and is backed by family offices......

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Singapore's Granite Asia appoints former Astarc exec to lead India operations

People

28 August, 2024

Singapore's Granite Asia appoints former Astarc exec to lead India operations

Granite Asia, a Singapore-headquartered investment firm formerly known as GGV Capital Asia, has set up its base in India......

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South African PE Sanari Capital set to acquire power generation products maker

Infrastructure

28 August, 2024

South African PE Sanari Capital set to acquire power generation products maker

Sanari Capital, a South African private equity firm that focuses on mid-market growth companies in Sub-Saharan Africa is......

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Ex-Citibank exec Gadodia's Invicta to upsize maiden pre-IPO fund

Finance

28 August, 2024

Ex-Citibank exec Gadodia's Invicta to upsize maiden pre-IPO fund

Invicta Capserv Pvt Ltd, an investment bank founded by former Citibank executive Hemant Gadodia, could look at upsizing ......

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Neo Asset to foray into PE with new fund; ropes in ex-TPG NewQuest exec

Finance

27 August, 2024

Neo Asset to foray into PE with new fund; ropes in ex-TPG NewQuest exec

Neo Asset and Wealth Management, the wealth management arm of Mumbai-based Neo Group, is set to float a private equity......

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Temasek-backed firm, Zydus may recast API, gelatine business of Sterling Biotech

Healthcare

27 August, 2024

Temasek-backed firm, Zydus may recast API, gelatine business of Sterling Biotech

The owners of Sterling Biotech--Generic drugmaker Zydus Lifesciences Ltd and private equity Temasek-backed Perfect Day......

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LeapFrog taps another LP after increasing corpus for latest climate fund

Finance

27 August, 2024

LeapFrog taps another LP after increasing corpus for latest climate fund

Temasek-backed LeapFrog Investments, a global sustainability-focussed impact investment firm, has roped in a returning ......

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How Rebel Foods' valuation multiple crumbled in the latest funding round

Consumer

27 August, 2024

How Rebel Foods' valuation multiple crumbled in the latest funding round

Rebel Foods, the operator of online kitchen brands Faasos and Behrouz Biryani, is likely to have received a much lower ......

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Indian, global PE firms plan food service platforms, encircle QSR players

Consumer

27 August, 2024

Indian, global PE firms plan food service platforms, encircle QSR players

A number of foreign and Indian private equity firms are approaching quick-service restaurant (QSR) brands in several ......

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Turkey's Pragma Capital Partners strikes second bet within a week

Manufacturing

26 August, 2024

Turkey's Pragma Capital Partners strikes second bet within a week

Pragma Capital Partners, the private equity arm of Turkey’s investment banking company Pragma, has acquired a majority......

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