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Investec-backed Ninety One gets key LP for $500-mn Africa private credit fund

Finance

19 March

Investec-backed Ninety One gets key LP for $500-mn Africa private credit fund

Global asset manager Ninety One Plc, which was formed after demerger of Investec Asset Management from Investec in 2020......

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Grapevine: Sugar Cosmetics' VC backers eye exit; Azure Power may change hands

General

19 March

Grapevine: Sugar Cosmetics' VC backers eye exit; Azure Power may change hands

India-focused Malabar Investments is reportedly in discussions to acquire a stake in Mumbai-based Sugar Cosmetics ......

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Cedar Capital marks first close of maiden fund

Finance

18 March

Cedar Capital marks first close of maiden fund

Management consulting firm Cedar Consulting and fintech market intelligence platform IBS Intelligence, which had teamed ......

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Jordan's ISSF pumps additional capital in an existing portfolio bet

Finance

18 March

Jordan's ISSF pumps additional capital in an existing portfolio bet

Jordan’s Innovative Startups and Small and Medium Enterprises Fund (ISSF) has made a limited partner-style follow-on ......

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Rekha Jhunjhunwala set for a multibagger as Baazar Style Retail files for IPO

Consumer

18 March

Rekha Jhunjhunwala set for a multibagger as Baazar Style Retail files for IPO

Rekha Jhunjhunwala, wife of the late stock market investor Rakesh Jhunjhunwala, and other early backers of Baazar Style ......

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Scope sets target for debut VC fund's final close, to expand investment focus

Finance

18 March

Scope sets target for debut VC fund's final close, to expand investment focus

Startup-focussed networking platform Scope, which floated its maiden venture capital fund late last year, is looking to ......

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Advent International looks to stitch secondaries deal to exit packaging firm

Advent International looks to stitch secondaries deal to exit packaging firm

Global private equity firm Advent International, which is reportedly increasing its share of corpus to deploy in India ......

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Bottomline: PE-backed Healthium improves profit margins but dividend payouts weigh

Healthcare

18 March

Bottomline: PE-backed Healthium improves profit margins but dividend payouts weigh

Medical supplies manufacturer Healthium Medtech Pvt. Ltd has managed to improve its operating profit margins and is ......

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Grapevine: Binny Bansal ups Curefoods bet; ADIA may back Pocket FM

General

18 March

Grapevine: Binny Bansal ups Curefoods bet; ADIA may back Pocket FM

Binny Bansal, co-founder of Flipkart, is ramping up his investments in Curefoods, while concurrently doubling down in ......

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BluSmart backer responsAbility gets another LP for $500-mn Asia climate fund

BluSmart backer responsAbility gets another LP for $500-mn Asia climate fund

Switzerland-based impact investor responsAbility Investments AG is set to bring on board another limited partner for ......