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Grapevine: Sutherland eyes another Indian firm; Phoenix ARC, others vie for Piramal's bad loans

General

20 June

Grapevine: Sutherland eyes another Indian firm; Phoenix ARC, others vie for Piramal's bad loans

Transnational business process outsourcing (BPO) major Sutherland Global Services is in talks to acquire a Hyderabad and......

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TPG signs off from Shriram Finance on a forgettable note

Finance

19 June

TPG signs off from Shriram Finance on a forgettable note

Private equity major TPG, which built a strong investment partnership with Shriram Group over nearly two decades with ......

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Shrem InvIT tweaks financing plan to buy two highway assets

Shrem InvIT tweaks financing plan to buy two highway assets

Shrem Infrastructure Investment Trust (InvIT), an infrastructure investment trust backed by Dadachanji Group chairman ......

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Warburg Pincus makes poor exit move from India consumer bet

Consumer

19 June

Warburg Pincus makes poor exit move from India consumer bet

Private equity firm Warburg Pincus, which recently logged out of an Indian company, bought a majority stake in a ......

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EatFit operator Curefoods eyes stake in QSR chain; firm denies

Consumer

19 June

EatFit operator Curefoods eyes stake in QSR chain; firm denies

Curefoods India Pvt. Ltd, a cloud kitchen venture floated by fitness chain Cure.fit’s co-founder Ankit Nagori, is in ......

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Satya MicroCapital secures debt capital from offshore investors

Finance

19 June

Satya MicroCapital secures debt capital from offshore investors

Satya MicroCapital, a Delhi-based microfinance institution backed by Japanese impact investor Gojo & Company Inc, has ......

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Bottomline: Aye Finance returns to profit in FY23 as revenue, loan book grow

Finance

19 June

Bottomline: Aye Finance returns to profit in FY23 as revenue, loan book grow

Fintech lending startup Aye Finance made a remarkable turnaround in the financial year that ended March 2023, rebounding......

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Weighing another tranche for fund-of-funds, exploring new areas: SIDBI's Ramann

Finance

19 June

Weighing another tranche for fund-of-funds, exploring new areas: SIDBI's Ramann

Small Industries Development Bank of India (SIDBI), which manages the Rs 10,000-crore fund-of-funds for startups, is in ......

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Grapevine: PMI Electro Mobility, IndiQube, Oro Money seek fresh funding

General

19 June

Grapevine: PMI Electro Mobility, IndiQube, Oro Money seek fresh funding

Electric bus maker PMI Electro Mobility is in discussions for a funding round as it looks to scale up its ......

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B Capital, Chiratae, Peak XV-backed D2C startup Mojocare's books under scanner, fires 80% staff

Healthcare

19 June

B Capital, Chiratae, Peak XV-backed D2C startup Mojocare's books under scanner, fires 80% staff

A year after investing $20 million in Series A funding, investors B Capital, Chiratae Ventures, Better Capital, and Peak......