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Lok Capital is diversifying portfolio, to focus on top microlenders for future investment

General

16 August

Lok Capital is diversifying portfolio, to focus on top microlenders for future investment

Social venture capital firm Lok Capital, which has been funding smaller microfinance institutions (MFIs) since 2007, would review its investment ......

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Core Diagnostics in talks to acquire US-based lab, eyeing second round of VC funding

Healthcare

16 August

Core Diagnostics in talks to acquire US-based lab, eyeing second round of VC funding

Artiman Ventures-backed Core Diagnostics Pvt Ltd, which provides specialised diagnostics services, is in talks to acquire a US-based lab in ......

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Cloudnine plans to invest up to $73M to build 15 hospitals by 2016

Healthcare

14 August

Cloudnine plans to invest up to $73M to build 15 hospitals by 2016

Matrix Partners-backed Cloudnine Hospitals, which provides women and child care services, is planning to invest Rs 300-450 crore ($48-73 million) ......

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TA Associates' Naveen Wadhera moves to Hong Kong, to continue to lead India office

General

14 August

TA Associates' Naveen Wadhera moves to Hong Kong, to continue to lead India office

Naveen Wadhera, the India head of Boston-based private equity major TA Associates, has moved to Hong Kong to help the ......

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Tonbo Imaging scouting for acquisition; planning to raise up to $20M more

TMT

14 August

Tonbo Imaging scouting for acquisition; planning to raise up to $20M more

Bangalore-based Tonbo Imaging (formerly Serial Innovations India Pvt Ltd), which develops imaging technology for armed forces across the globe, is ......

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AyurVAID Hospitals looking to raise $5-10M; to expand to more cities

Healthcare

13 August

AyurVAID Hospitals looking to raise $5-10M; to expand to more cities

Kochi-based Kerala First Health Services Pvt Ltd, which runs AyurVAID Hospitals in the city and also in Bangalore, is looking ......

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ESAF Microfinance to raise $12.2M in current financial year, existing investor commits more

General

12 August

ESAF Microfinance to raise $12.2M in current financial year, existing investor commits more

Thrissur-based ESAF Microfinance and Investments Ltd (ESAFIL) is planning to raise up to Rs 75 crore ($12.2 million) as equity ......

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Kubera Partners' Tarun Pande joins Lighthouse Funds as CFO

General

08 August

Kubera Partners' Tarun Pande joins Lighthouse Funds as CFO

Mid-market-focused private equity firm Lighthouse Funds has roped in Kubera Partners’ Tarun Pande as the chief financial officer (CFO), sources ......

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WestBridge invests around $4.2M to buy stake in V-Mart Retail

Consumer

13 August

WestBridge invests around $4.2M to buy stake in V-Mart Retail

WestBridge Capital Partners has put in around Rs 25-26 crore ($4.2 million) to buy a minority stake in value format ......

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Top 10 exits over the past 5 years that Indian GPs can showcase

General

13 August

Top 10 exits over the past 5 years that Indian GPs can showcase

The India story has taken a major hit with the country facing macroeconomic headwinds like slowing economic growth, widening current ......