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Yassir-backer P1 Ventures set to loop in key LP after making first close for Africa VC fund

General

28 September

Yassir-backer P1 Ventures set to loop in key LP after making first close for Africa VC fund

P1 Ventures, an early stage venture capital firm, which is currently raising its maiden institutional fund even as it ......

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Styched acquires VC, angels-backed performance wear brand

TMT

28 September

Styched acquires VC, angels-backed performance wear brand

Fashion and lifestyle-focused direct-to-customer (D2C) startup Styched has stiched an acquisition, its second such ......

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Bottomline: Apollo, ChrysCap-backed Hero FinCorp comes out of the red, AUM hits $5 bn

Finance

28 September

Bottomline: Apollo, ChrysCap-backed Hero FinCorp comes out of the red, AUM hits $5 bn

US-based private equity major Apollo Management-backed Hero FinCorp ended the last financial year (FY) on a positive ......

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Accel-backed Drip Capital taps overseas investor for fresh capital

Finance

28 September

Accel-backed Drip Capital taps overseas investor for fresh capital

Drip Capital, a digital cross-border trade finance platform for small and medium businesses, has roped in an overseas ......

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Why this former Ventureast exec is betting on businesses in rural areas, small towns

Finance

28 September

Why this former Ventureast exec is betting on businesses in rural areas, small towns

A former executive of venture capital firm Ventureast has floated an alternative investment fund to bet on businesses in......

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Grapevine: Norwest eyes stake in IFC-backed hospital chain; Nat Habit plans new round

General

28 September

Grapevine: Norwest eyes stake in IFC-backed hospital chain; Nat Habit plans new round

Multi-stage private equity investor Norwest Venture Partners is nearing a buyout of a hospital chain, which is backed by......

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Cactus Venture Partners extends timeline for debut VC fund's final close

Finance

28 September

Cactus Venture Partners extends timeline for debut VC fund's final close

Mumbai-based venture capital firm Cactus Venture Partners has extended the timeline to wrap up fundraising for its ......

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Bottomline: Warburg-backed Micro Life's revenue, profit jump but patent feud weighs

Healthcare

27 September

Bottomline: Warburg-backed Micro Life's revenue, profit jump but patent feud weighs

Medical devices maker Micro Life Sciences Pvt Ltd recorded a significant jump in its revenue and profit for the ......

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Mahindra, Canadian fund OTPP's green energy InvIT to list via $282 mn offering

Infrastructure

27 September

Mahindra, Canadian fund OTPP's green energy InvIT to list via $282 mn offering

Sustainable Energy Infra Trust (SEIT), a renewable energy infrastructure investment trust (InvIT) formed jointly by the......

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Grapevine: ADIA may invest more in Reliance Retail; GIC plans agritech bet

General

27 September

Grapevine: ADIA may invest more in Reliance Retail; GIC plans agritech bet

Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) is looking to pick up an additional stake in ......