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India SME Investments backs raw materials marketplace platform Source.One

TMT

22 February

India SME Investments backs raw materials marketplace platform Source.One

Private equity fund India SME Investments has invested in a full-stack digital intermediate raw materials marketplace platform...

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EbixCash to file draft prospectus for $1 billion IPO

Finance

22 February

EbixCash to file draft prospectus for $1 billion IPO

EbixCash, the Indian subsidiary of Nasdaq-listed Ebix Inc. will soon file the draft papers for its initial public offering (IPO)...

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Picus Capital to back 10-15 startups in 2022; eyes Web 3.0 bets

TMT

22 February

Picus Capital to back 10-15 startups in 2022; eyes Web 3.0 bets

Early-stage global investment firm Picus Capital will back 10-15 startups in India as the firm plans to increase its exposure...

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World Bank arm IFC to double down its investments into funds in 2022

Finance

21 February

World Bank arm IFC to double down its investments into funds in 2022

Global impact investor International Finance Corporation (IFC) plans to double its investments to around $2 billion in India-based...

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Investcorp seals debut pharma bet, invests in Mumbai-based firm

Healthcare

21 February

Investcorp seals debut pharma bet, invests in Mumbai-based firm

Bahrain-based global investment manager Investcorp has invested in a Mumbai-based pharmaceuticals firm, in what is also the investment...

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Unicorn Watch: Vedantu plans global operations with an eye on IPO

Consumer

21 February

Unicorn Watch: Vedantu plans global operations with an eye on IPO

India’s second-largest online tutoring platform Vedantu Innovations Pvt Ltd, which turned unicorn last year, is set to foray...

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Warburg Pincus set to acquire a minority stake in medical device manufacturer

Manufacturing

20 February

Warburg Pincus set to acquire a minority stake in medical device manufacturer

The New York-headquartered private equity major, Warburg Pincus, is set to acquire a minority stake in a Gujarat-based medical...

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Deals Digest: Companies raise $1.15 bn this week, Uniphore turns unicorn

General

18 February

Deals Digest: Companies raise $1.15 bn this week, Uniphore turns unicorn

Companies raised $1.15 billion in venture capital (VC) and private equity (PE) funding this week, and Uniphore joined India's...

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GPs need more exit strategy options as IPO boom may not last, note VCCircle LP Summit panelists

Finance

18 February

GPs need more exit strategy options as IPO boom may not last, note VCCircle LP Summit panelists

India has witnessed an all-time high number of exits in 2021 on the back of a better-than-anticipated recovery from the ......

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We can turn profitable in 18-24 months, if we want: ElasticRun's CEO

TMT

17 February

We can turn profitable in 18-24 months, if we want: ElasticRun's CEO

ElasticRun, operated by Ntex Transportation Services Pvt Ltd, on Thursday said it raised $332 million funding round led by Softbank ......