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Sovereign wealth fund joins Baring PE Asia for $2-bn Virtusa buyout

TMT

09 November

Sovereign wealth fund joins Baring PE Asia for $2-bn Virtusa buyout

A sovereign wealth fund is coming in as the second co-investor in Baring Private Equity Asia’s $2 billion acquisition of...

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J Sagar Associates hires L&L partner for corporate practice

Finance

09 November

J Sagar Associates hires L&L partner for corporate practice

J Sagar Associates, one of India’s top full-service law firms, has hired a partner from L&L Partners to strengthen its...

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Accel bets on enterprise AI startup floated by former McKinsey partner

TMT

09 November

Accel bets on enterprise AI startup floated by former McKinsey partner

Venture capital firm Accel has invested in an enterprise artificial intelligence (AI) product startup, two people privy to the...

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Phoenix ARC expects activity to pick up in Jan-March: Chief exec

People

09 November

Phoenix ARC expects activity to pick up in Jan-March: Chief exec

Phoenix ARC Private Limited, sponsored by Kotak Mahindra Group, witnessed a spike in profit for April-September on a year-on-year basis. The ......

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GIC, hedge funds among anchor investors in Gland Pharma IPO

Healthcare

07 November

GIC, hedge funds among anchor investors in Gland Pharma IPO

Drugmaker Gland Pharma Ltd, the first Indian company controlled by a Chinese firm to float an initial public offering, has ......

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Elevation Capital strikes gold in quick exit from PIPE portfolio firm

TMT

06 November

Elevation Capital strikes gold in quick exit from PIPE portfolio firm

Venture capital and growth-equity investment firm Elevation Capital, which was known as SAIF Partners until recently, has struck...

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Singapore firm snaps up Indian company to enter commodities trading

Finance

06 November

Singapore firm snaps up Indian company to enter commodities trading

A Singapore-based investment firm has entered India’s commodities trading market by acquiring a group firm of logistics...

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We are accelerating course creation like crazy after COVID-19: Eruditus CEO

TMT

06 November

We are accelerating course creation like crazy after COVID-19: Eruditus CEO

Eruditus Learning Solutions Pte Ltd, which completed a decade recently, raised $113 million in its largest funding round a couple ......

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How Bengaluru-based pathology firm is valued as it attracts big buyer

Healthcare

06 November

How Bengaluru-based pathology firm is valued as it attracts big buyer

A Bengaluru-based diagnostics company has attracted a big publicly listed buyer which seeks to expand its presence in the southern...

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Three AION Capital execs quit as Apollo-ICICI Venture JV ends

Finance

06 November

Three AION Capital execs quit as Apollo-ICICI Venture JV ends

Three senior executives have formally exited AION Capital Partners after Indian private equity firm ICICI Venture and US-based...