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Bottomline: Actis-owned lender Profectus ups profit, AUM nearing $400 mn mark

Finance

18 June

Bottomline: Actis-owned lender Profectus ups profit, AUM nearing $400 mn mark

Private equity firm Actis-controlled non-banking financial company (NBFC) Profectus Capital Pvt. Ltd, saw a decent rise ......

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Grapevine: Coca-Cola may cut stake in bottling arm; PE firms eye Indus Towers

General

18 June

Grapevine: Coca-Cola may cut stake in bottling arm; PE firms eye Indus Towers

Coca-Cola India is in talks with the promoters of four prominent Indian business houses, including the Bhartia family of......

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Morgan Stanley PE emerges frontrunner to bet on urology chain

Healthcare

17 June

Morgan Stanley PE emerges frontrunner to bet on urology chain

Morgan Stanley Private Equity Asia has emerged as one of the frontrunners to invest in an Indian healthcare company that......

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Searchlight: Post-pandemic hangover weakens MRK Healthcare's financials

Healthcare

17 June

Searchlight: Post-pandemic hangover weakens MRK Healthcare's financials

Mumbai-based MRK Healthcare Pvt Ltd, which operates under the Nulife brand and had posted steady rise in revenues in the......

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Brookfield secures debt funding for solar project in India

Brookfield secures debt funding for solar project in India

Canada’s Brookfield Asset Management Inc, which has a significant exposure to India’s renewable energy, ......

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Grapevine: Paytm may sell ticketing biz; Jefferies set to hire StanChart exec

General

17 June

Grapevine: Paytm may sell ticketing biz; Jefferies set to hire StanChart exec

Paytm is in advanced talks with Zomato Ltd. to sell its movie and events ticketing business, a media report said......

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Blackstone-controlled Simplilearn aims at operational profitability this year

Consumer

17 June

Blackstone-controlled Simplilearn aims at operational profitability this year

Blackstone-owned edtech startup Simplilearn is looking at double-digit growth in the current financial year, with a ......

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Deals Digest: Momentum falls marginally this week; M&A volume also lacklustre

General

14 June

Deals Digest: Momentum falls marginally this week; M&A volume also lacklustre

Private Equity (PE) and venture capital (VC) dealmaking activity this week saw a slight dip in terms of value, while ......

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How VC-backed Vilcart plans to become the ITC and HUL of rural areas

TMT

14 June

How VC-backed Vilcart plans to become the ITC and HUL of rural areas

Vilcart Solutions Pvt. Ltd plans to ramp up its private label vertical and tie up with more contract manufacturers, as ......

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Private market valuations may rise on robust public markets: IIFL Securities' Nipun Goel

Finance

14 June

Private market valuations may rise on robust public markets: IIFL Securities' Nipun Goel

Indian stock markets saw about 75 listings in 2023-24 and the juggernaut will keep rolling this fiscal year, too, feels ......