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Affirma, IFC to part-exit as auto parts maker eyes IPO again

Manufacturing

16 December

Affirma, IFC to part-exit as auto parts maker eyes IPO again

An automobile and industrial parts maker, which counts private equity firm Affirma (Standard Chartered PE) and World Bank’s...

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Bain Capital to pick up stake in Mumbai logistics services major

Infrastructure

16 December

Bain Capital to pick up stake in Mumbai logistics services major

Private equity firm Bain Capital has come out of a hiatus to seal its first India deal in almost three ......

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Dealmaking in 2020: Reliance, Reliance and Reliance (and a few others)

Finance

16 December

Dealmaking in 2020: Reliance, Reliance and Reliance (and a few others)

It’s a year we would like to forget. But we won’t. Mukesh Ambani won’t either. But for entirely different reasons. This...

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Multiply Ventures, others back startup co-founded by ex-Accel investor

TMT

16 December

Multiply Ventures, others back startup co-founded by ex-Accel investor

Multiply Ventures, an early-stage venture capital firm floated by three executives who worked with companies such as Alibaba,...

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JM Financial ARC, US firm invest $28 mn in textile company

Manufacturing

15 December

JM Financial ARC, US firm invest $28 mn in textile company

Homegrown financial services firm JM Financial Ltd’s asset reconstruction arm and a San Francisco, US-based investment firm...

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VC-backed chatbot platform Gupshup gears up for IPO

TMT

15 December

VC-backed chatbot platform Gupshup gears up for IPO

Gupshup Technology India Pvt. Ltd, a chatbot and smart enterprise messaging company, is firming up its plans for an initial ......

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Vector Capital rebrands, rejigs strategy; bets on Yuvraj Singh-backed startup

Finance

15 December

Vector Capital rebrands, rejigs strategy; bets on Yuvraj Singh-backed startup

Vector Capital has rebranded itself and rejigged its investment strategy even as it struck its second bet by investing in ......

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Fund Scan: How Jio backer L Catterton reset its Asia strategy

Finance

15 December

Fund Scan: How Jio backer L Catterton reset its Asia strategy

In June this year, Reliance Industries Ltd raised $250 million from L Catterton Asia for its digital services unit. The ......

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Oaktree bids most for Dewan Housing as Piramal, Adani revise offers

Finance

14 December

Oaktree bids most for Dewan Housing as Piramal, Adani revise offers

US-based Oaktree Capital Management has likely submitted the highest bid for Dewan Housing Finance Corp (DHFL) even as Piramal...

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Serum Institute of India pares stake in another vaccine maker

Healthcare

14 December

Serum Institute of India pares stake in another vaccine maker

Serum Institute of India Pvt. Ltd, the world’s largest vaccine maker, has offloaded a fourth of its stake in another ......