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Grapevine: HZL unlikely to buy Vedanta's zinc business; RK Swamy to launch IPO

General

05 April, 2023

Grapevine: HZL unlikely to buy Vedanta's zinc business; RK Swamy to launch IPO

Facing strong opposition from the government, Hindustan Zinc Ltd (HZL) is unlikely to act on the proposal to buy parent ......

InsuranceDekho acquires Sequoia-backed SME insurance firm Verak

General

04 April, 2023

InsuranceDekho acquires Sequoia-backed SME insurance firm Verak

Investcorp-backed InsuranceDekho, which raised $150 million in one of the largest Series A rounds across the country, on......

World Bank cuts India current fiscal year growth forecast to 6.3%

Economy

04 April, 2023

World Bank cuts India current fiscal year growth forecast to 6.3%

The World Bank on Tuesday lowered its forecast for India's economic growth in the current fiscal year that started ......

Grapevine: Byju's rakes in $700 mn at flat valuation; Megha Engineering concludes Lanco Anpara deal

General

04 April, 2023

Grapevine: Byju's rakes in $700 mn at flat valuation; Megha Engineering concludes Lanco Anpara deal

Edtech major Byju’s has raised $700 million at a flat valuation of $22 billion, involving two separate deals of equity......

Blackstone halts withdrawals from REIT for second time after November

General

03 April, 2023

Blackstone halts withdrawals from REIT for second time after November

Blackstone Inc said on Monday that it had again blocked withdrawals from its $70 billion real estate income trust in ......

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InvAscent scores another exit from second fund

General

03 April, 2023

InvAscent scores another exit from second fund

Healthcare-focused private equity firm InvAscent, which recently signed off from Hyderabad-based dermatology chain Oliva......

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Mid-market PE firm Amicus ropes in another new LP for second fund

General

03 April, 2023

Mid-market PE firm Amicus ropes in another new LP for second fund

Amicus Capital, a Bengaluru-based mid-market private equity firm that has backed companies such as RenewBuy, Capital ......

Grapevine: Nuveen buys into Aviom; Nestle eyes PE-backed Capital Foods

General

31 March, 2023

Grapevine: Nuveen buys into Aviom; Nestle eyes PE-backed Capital Foods

Nuveen, an American investment manager with over $1.1 trillion of assets under management, has invested $30 million in ......

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Quadria set to onboard new LP for third healthcare fund

General

30 March, 2023

Quadria set to onboard new LP for third healthcare fund

Singapore and New Delhi-based private equity firm Quadria Capital, which is eyeing an ambitious target of $1 billion as ......

Grapevine: PhonePe shelves plan to buy ZestMoney; Viatris' API biz for sale

General

30 March, 2023

Grapevine: PhonePe shelves plan to buy ZestMoney; Viatris' API biz for sale

Walmart-owned digital payments company PhonePe has decided to call off the deal to acquire buy-now-pay-later (BNPL) ......

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