Nisus Finance sets up Mauritius vehicle for second stressed assets fund
Mumbai-based real estate investor Nisus Finance and Investment Managers LLP, part of Nisus Finance Group, has established another international vehicle, this time in Mauritius, to channel foreign capital to the second fund set up under its real estate stressed assets strategy, a top executive told VCCircle. Amit Goenka-led Nisus Finance, which is ......
KKR-backed Five-Star Business Finance set to raise fresh capital
Small business and mortgage loan provider Five-Star Business Finance, which is backed by marquee investors, including KKR, Abu Dhabi Investment Authority (ADIA), Fidelity Investments, Falcon Edge, Bay Capital and Malabar Investments, is set to raise fresh capital from another offshore investor. The Chennai-based non-banking financial company (NBFC), which went public in November ......
True North-backed domestic NBFC adds new investor to cap table
A non-banking financial company, backed by homegrown private equity firm True North, has bagged an additional amount in an extended funding round from a Singapore-based venture capital firm. True North, which raised Rs 1,000 crore (about $120 million then) for its maiden private credit fund in November last year, has been ......
Grapevine: Mubadala may join hands with Warburg for Shriram Housing; Brookfield eyes Leela Palaces Listing
UAE sovereign fund Mubadala Investment Company is in discussions to team up with Warburg Pincus as a potential co-investor in acquiring a controlling stake in Shriram Housing Finance, a subsidiary of Shriram Finance, a media report said. Warburg Pincus is currently the leading contender for the deal, with Bain Capital also in race. Avendus Capital, Barclays Bank, ......
Bharti Airtel’s Africa unit set to bag a big cheque from offshore investor
Airtel Africa Plc, which is listed on the London Stock Exchange and is a subsidiary of India’s Bharti Airtel, is set to secure fresh capital from an existing offshore investor, VCCircle has learnt. Africa’s second-largest telecom operator is likely to raise $200 million, primarily through debt, from the private sector investment ......
NIIF-controlled iBus may rope in new investor as revenue takes flight
iBus Network and Infrastructure Pvt Ltd is set to add another investor to its cap table, weeks after the National Investment and Infrastructure Fund (NIIF) picked up a controlling stake in the digital infrastructure provider. The development comes at a time when iBus is working on an aggressive growth strategy that ......
The Souled Store, Traya backer Xponentia Capital promotes executives to MD
Homegrown mid-market private equity firm Xponentia Capital, which is an investor in companies including Barbeque Nation, The Souled Store and Easy Home Finance, among others, has elevated two of its executives to the role of managing directors. Xponentia Capital, which has recently made the final close of its second investment vehicle ......
Check out the top Indian law firms by capital markets practice
Law firms in India recorded a slowdown in private market dealmaking during 2023-24 but had a robust year when it came to their public markets practice as many Indian companies listed their shares on stock exchanges. Consequently, some of the leading law firms in the private equity, venture capital and M&A ......
Former Integrow execs float real estate fund; aim first close by June
Former executives at Aurum Proptech-backed Integrow Asset Managers—Abhijit Das and Vijay Mohta—have floated a new investment vehicle for residential real estate, the two executives told VCCircle. The fund is in the process of raising capital, with the first close expected after a couple of months. The real estate private equity investment ......
Global asset manager Barings opens office in Dubai
Barings, a global investment management firm that manages assets worth $406 billion, has opened an office in Dubai to help expand its presence in the region. The North Carolina-headquartered asset manager, a subsidiary of insurance giant MassMutual, is looking to tap into more investment opportunities in the Gulf region through the ......
