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Sixth Sense Ventures eyes up to Rs 2,400 cr for third fund, a 60% jump from target

Consumer

04 October

Sixth Sense Ventures eyes up to Rs 2,400 cr for third fund, a 60% jump from target

Sixth Sense Ventures, co-founded by Nikhil Vora, is set to close its third fund at Rs 2,300-2,400 crore ($309-323 million), ......

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Indian investors flock to invest in alternative funds with digital tokens

Finance

04 October

Indian investors flock to invest in alternative funds with digital tokens

Indian investors are among the top five of 27 nationalities making tokenised investments in venture capital funds on private digital...

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PE-backed personal care and speciality chemical maker enters bankruptcy

Manufacturing

01 October

PE-backed personal care and speciality chemical maker enters bankruptcy

Fairwinds Private Equity-backed personal care products and speciality chemicals manufacturer has entered bankruptcy as a National...

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Weekly Deals Wrap: Big fundraises by Meesho, Ola Electric, Vedantu offset subdued M&A activity

Finance

01 October

Weekly Deals Wrap: Big fundraises by Meesho, Ola Electric, Vedantu offset subdued M&A activity

Overall deal value during the week declined as mergers and acquisitions (M&A) activity was subdued unlike the preceding week....

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Mutual fund backend processor CAMS hands 174% annualised return to IIFL Private Equity

TMT

30 September

Mutual fund backend processor CAMS hands 174% annualised return to IIFL Private Equity

IIFL Private Equity sold its remaining stake in Computer Age Management Services Ltd (CAMS) racking up 174% annualised return...

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Market-bound Paytm to rope in ex-KPMG partner Rajendra Nalam as senior exec

People

30 September

Market-bound Paytm to rope in ex-KPMG partner Rajendra Nalam as senior exec

IPO-bound One97 Communications Ltd, which owns digital payment firm Paytm, is roping in former KPMG partner Rajendra Nalam as...

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PE fund by former Bain Capital exec to invest in The Belgian Waffle Co

Consumer

29 September

PE fund by former Bain Capital exec to invest in The Belgian Waffle Co

Marathon Edge Partners, the private equity firm co-founded by ex-Bain Capital principal Nikhil Raghavan, will invest in quick...

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Ethnic snacks maker Bikaji Foods hires merchant banks for IPO

Consumer

29 September

Ethnic snacks maker Bikaji Foods hires merchant banks for IPO

Bikaji Foods International Ltd has hired three merchant banks for its initial public offering (IPO) which is expected to value...

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Shopping around for MFs to get easier for PEs as regulator mulls relaxing rules

Finance

28 September

Shopping around for MFs to get easier for PEs as regulator mulls relaxing rules

Private equity firms, including global ones, could find it easier to shop around for mutual funds as the securities regulator...

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Everstone new fund bumps up PE firm's largest-ever corpus target, hits first close

Finance

28 September

Everstone new fund bumps up PE firm's largest-ever corpus target, hits first close

Everstone Capital has bumped up the fundraise target for its fourth fund, which already had the largest corpus target ever ......