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Blume Ventures to launch fourth vehicle; sovereign fund may return as investor

TMT

24 May

Blume Ventures to launch fourth vehicle; sovereign fund may return as investor

Early-stage venture capital firm Blume Ventures, which has invested in startups such as Unacademy, Grey Orange, Dunzo and Purplle,...

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Legal scuffle breaks out as Affle accuses PhonePe of lowballing the investor with Indus OS deal

TMT

24 May

Legal scuffle breaks out as Affle accuses PhonePe of lowballing the investor with Indus OS deal

Walmart-owned PhonePe's move to acquire Indus OS is set for a legal battle as a minority investor of the India-focused ......

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Pizza Hut operator Sapphire Foods in talks with global buyout firm for pre-IPO round

Consumer

24 May

Pizza Hut operator Sapphire Foods in talks with global buyout firm for pre-IPO round

Sapphire Foods India Pvt Ltd, an India franchisee for Yum! Brands’ KFC and Pizza Hut, is in advanced discussions with ......

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Returns on private credit are very much like private equity's: Baring PE Asia's MD

Finance

24 May

Returns on private credit are very much like private equity's: Baring PE Asia's MD

Baring Private Equity Asia (BPEA) recently raised a $250 million commitment from Canada Pension Plan Investment Board (CPPIB) for its ......

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Suraksha holds edge over NBCC in upcoming lenders vote on Jaypee Infratech winner

Suraksha holds edge over NBCC in upcoming lenders vote on Jaypee Infratech winner

The long-drawn-out battle for bankrupt real estate developer Jaypee Infratech will likely come to an end next week as the ......

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Weekly Deals Wrap: Adani catapults total value way past April's dizzying heights

Finance

21 May

Weekly Deals Wrap: Adani catapults total value way past April's dizzying heights

Dealmaking gave birth to a unicorn and surged to new heights this week as $4.28 billion changed hands across venture ......

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Saama Capital bets on AI startup offering data for final-mile navigation

TMT

21 May

Saama Capital bets on AI startup offering data for final-mile navigation

Early-stage venture capital firm Saama Capital has bet on a startup driven by artificial intelligence (AI) that seeks to optimise...

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CPPIB invests in a second India credit fund, stock exchange

Finance

20 May

CPPIB invests in a second India credit fund, stock exchange

Canada Pension Plan Investment Board (CPPIB) has invested in a second India-focused credit fund more than a year after it ......

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Private equity-backed firms won't stop partying in IPO markets anytime soon

Markets

20 May

Private equity-backed firms won't stop partying in IPO markets anytime soon

Firms backed by private equity played a meaty role in the huge IPO rush seen this year and there’s no ......

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Post-pandemic hope drives half-dozen NBFCs to public markets

Finance

20 May

Post-pandemic hope drives half-dozen NBFCs to public markets

Hope of a post-pandemic rebound is driving a flock of non-banking financial companies to the public markets, with at least ......