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Sequoia-backed glass maker's quest to rope in new investors hits a wall

Sequoia-backed glass maker's quest to rope in new investors hits a wall

Hindusthan National Glass & Industries Ltd’s plan to get new investors on board has hit a hurdle after a distressed...

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SIDBI VC-backed sales automation startup Bizom gets new investor

TMT

13 May

SIDBI VC-backed sales automation startup Bizom gets new investor

Mobisy Technologies Pvt. Ltd, which operates sales and supply-chain-focussed platform Bizom, has found a new investor seeking...

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India Inc's revenue, profit pain intensified in Jan-March even before lockdown

Finance

13 May

India Inc's revenue, profit pain intensified in Jan-March even before lockdown

Even before the Indian economy faced the brunt of economic lockdown due to the coronavirus pandemic, almost half of the ......

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Ascent Capital tastes a lemon in exit from healthcare firm

Ascent Capital tastes a lemon in exit from healthcare firm

Ascent Capital will fully exit a publicly listed animal healthcare company with token gains via a buyout deal, in yet ......

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Super-Max founder gets suspended jail sentence in UK over Actis dispute

Consumer

12 May

Super-Max founder gets suspended jail sentence in UK over Actis dispute

Rakesh Malhotra, the founder of razor blade maker Super-Max, has been sentenced to 15 months in jail by a UK ......

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Avendus credit fund invests in Mumbai-based drug distributor

Avendus credit fund invests in Mumbai-based drug distributor

A fund managed by a unit of Avendus Capital Pvt. Ltd, the investment bank majority owned by private equity firm ......

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VC-backed mCaffeine dials new investors to snag Series B cheque

Consumer

12 May

VC-backed mCaffeine dials new investors to snag Series B cheque

Personal care brand mCaffeine is in discussions with at least three private equity and venture capital investors to raise its...

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Value lens: CVC-HealthCare Global deal looks moderately discounted

Value lens: CVC-HealthCare Global deal looks moderately discounted

The recent deal by CVC Capital Partners for HealthCare Global Enterprises Ltd (HCG) has been done at a premium to ......

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How was Warburg Pincus and Eight Road Ventures' stake sale in listed drugmaker?

How was Warburg Pincus and Eight Road Ventures' stake sale in listed drugmaker?

US-based private equity firm Warburg Pincus and global investment firm Eight Road Ventures have walked away with benchmark returns...

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ChrysCapital bets on another PE-backed private bank

Finance

11 May

ChrysCapital bets on another PE-backed private bank

India-focused private equity firm ChrysCapital has bought a minority stake in yet another private-sector bank, adding to its list...