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pi Ventures exercises greenshoe option for maiden VC fund; adds CDC as LP

Finance

21 August

pi Ventures exercises greenshoe option for maiden VC fund; adds CDC as LP

UK government-owned development financial institution CDC Group Plc has invested $6 million (Rs 42 crore) in pi Ventures, an early-stage...

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Finance

21 August

Promoters converting shell cos into LLPs to escape govt crackdown

Amid a sustained government crackdown on shell companies, several promoters are converting such firms into limited liability partnerships...

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Healthcare

20 August

ChrysCap, other PE funds in talks to invest in eye-care firm Dr Agarwal's

A half-dozen investment firms, including sovereign wealth funds and a development financial institution, are in the race to pick...

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Healthcare

20 August

Evolvence India Life Sciences Fund fully exits Chennai drugmaker

Evolvence India Life Sciences Fund, the debut healthcare fund managed by private equity firm InvAscent, has fully exited its nine-year-old...

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Finance

20 August

IFC strikes another profitable exit with partial stake sale in Equitas

International Finance Corporation (IFC), the World Bank’s private-sector investment arm, has walked away with above-benchmark...

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Emaar Properties looks to sell India head office

Emaar Properties PJSC, Dubai’s biggest listed developer, is looking to sell the Gurugram building that houses its India...

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Finance

17 August

Apax bets on another Indian home finance company

Global private equity firm Apax Partners, which had gone slow for two years in sewing deals in the country but ......

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Consumer

17 August

Investors valuing consumer cos at 8x sales, expect to scale too fast: Veeba's Behl

Veeba Food Services Pvt. Ltd has carved out a niche for itself in the Indian food and beverage segment in ......

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Xander back in the race for Blackstone's two office assets

Alternative investment firm The Xander Group has re-emerged as the front-runner to buy two office properties from Blackstone Group...

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Finance

16 August

Anand Rathi Group set to take wealth management unit public

Financial services major Anand Rathi Group is looking to take its wealth management arm public in the current financial year ......