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Grapevine: Adani eyes another cement firm; PE-backed Hero FinCorp gears up for IPO

General

18 October

Grapevine: Adani eyes another cement firm; PE-backed Hero FinCorp gears up for IPO

Orient Cement Ltd’s promoter CK Birla has reached out to billionaire Gautam Adani to sell his stake in the business......

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Verod Capital, AfricInvest pick up majority stake in iSon Xperiences

TMT

18 October

Verod Capital, AfricInvest pick up majority stake in iSon Xperiences

African private equity firms Verod Capital and Africinvest have partnered to acquire a majority stake in business ......

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BanyanTree lines up another multi-bagger from decade-old bet

Healthcare

17 October

BanyanTree lines up another multi-bagger from decade-old bet

Mid-market-focussed private equity firm BanyanTree Growth Capital is looking to revive another exit plan from its legacy......

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Narotam Sekhsaria Family Office-backed lender a step closer for a public float

Finance

17 October

Narotam Sekhsaria Family Office-backed lender a step closer for a public float

A firm, backed by industrialist Narotam Sekhsaria’s Family Office and venture capital investor Pi Ventures, has ......

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Former executive of Mphasis joins Mela Ventures as partner

People

17 October

Former executive of Mphasis joins Mela Ventures as partner

Mela Ventures, which announced the final close of its maiden fund last year, has hired a former senior executive from ......

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Fintech platform Pennant gets $120 mn tag as it ropes in strategic investor

Finance

17 October

Fintech platform Pennant gets $120 mn tag as it ropes in strategic investor

Hyderabad-based Pennant Technologies Pvt. Ltd, which caters to enterprise application integration needs for banks, has ......

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Grapevine: Ratan Tata-floated fund strikes two bets; Petronas, others may buy Fourth Partner

General

17 October

Grapevine: Ratan Tata-floated fund strikes two bets; Petronas, others may buy Fourth Partner

Ratan Tata Endowment Foundation, a fund set up by the Tata Trusts chairman Ratan Tata last year, has picked up ......

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 Nuwa Capital's Talhouni on shift in investment strategy, dry powder deployment and more

Finance

17 October

Nuwa Capital's Talhouni on shift in investment strategy, dry powder deployment and more

Gulf-focused venture capital firm Nuwa Capital, which is in the process of deploying its $100 million maiden fund, is ......

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Dorf-Ketal leads race to acquire Aquapharm Chemicals

Manufacturing

17 October

Dorf-Ketal leads race to acquire Aquapharm Chemicals

Dorf-Ketal Chemicals India Pvt. Ltd has emerged as the frontrunner for speciality chemicals maker Aquapharm Chemicals ......

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Blackstone-backed ASK Group enters hedge fund vertical, hires former Avendus exec

Finance

16 October

Blackstone-backed ASK Group enters hedge fund vertical, hires former Avendus exec

Mumbai-based ASK Group has forayed into the hedge fund vertical in line with its plans to expand its footprint in ......