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Investors offer massive haircuts for LIC's $1 bn stressed loan accounts

Finance

28 July, 2021

Investors offer massive haircuts for LIC's $1 bn stressed loan accounts

At least five large investors including private equity players have bid very low to acquire stressed corporate loans worth about...

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Osmium Global launches $50 mn India fund, partners Turiya Investments for deals

Finance

28 July, 2021

Osmium Global launches $50 mn India fund, partners Turiya Investments for deals

Indian firm Osmium Global, which had been investing in public equity globally so far, has ventured into private equity with ......

TPG raises $5.4 bn for inaugural climate fund

Finance

27 July, 2021

TPG raises $5.4 bn for inaugural climate fund

TPG Rise Climate, the climate investing strategy of global impact investing platform TPG Rise, has marked the first close of ......

Onshoring of investment funds -- The GST conundrum

Finance

27 July, 2021

Onshoring of investment funds -- The GST conundrum

Attracting foreign investment has been a continued goal for India, as it is known to be a catalyst for triggering ......

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Market bound ESAF Small Finance Bank set to double Pi Ventures LLP's three yr investment

Finance

27 July, 2021

Market bound ESAF Small Finance Bank set to double Pi Ventures LLP's three yr investment

ESAF Small Finance Bank’s coming initial public offering (IPO) is all set to double the three-year investment of early-stage...

Trifecta Capital marks first close of late-stage VC fund; local book oversubscribed

Finance

27 July, 2021

Trifecta Capital marks first close of late-stage VC fund; local book oversubscribed

Trifecta Capital on Tuesday said it has marked the first close of its late-stage venture fund, less than four months ......

Cash-hungry emerging markets arrive late to the SPAC party

Finance

27 July, 2021

Cash-hungry emerging markets arrive late to the SPAC party

Emerging markets have so far been on the fringes of a fundraising boom using so-called SPACs or special-purpose acquisition companies,...

PE firm NewQuest acquires minority stake in hospital chain Cloudnine

Finance

26 July, 2021

PE firm NewQuest acquires minority stake in hospital chain Cloudnine

NewQuest Capital Partners, a private equity (PE) firm focused on emerging markets, has acquired a minority stake in maternity...

WestBridge backed Star Health and Allied Insurance files draft papers for IPO

Finance

23 July, 2021

WestBridge backed Star Health and Allied Insurance files draft papers for IPO

Chennai-based Star Health and Allied Insurance Co Ltd, backed by private equity firm WestBridge and ace investor Rakesh Jhunjhunwala...

Central bank looking at phased launch of its own digital currency

Finance

23 July, 2021

Central bank looking at phased launch of its own digital currency

The Reserve Bank of India is considering a phased introduction of its own central bank digital currency (CBDC), deputy governor...

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