Grapevine: Kedaara Capital, Lighthouse, TPG, CalPERS, others in news
Kedaara Capital is leading the race to acquire a majority stake in Mohali-based Tynor Orthotics, while TPG Capital is in advanced talks to acquire a stake in IIFL Capital Services. Meanwhile, CalPERS, Enam group members, and Authum Investments are among a clutch of investors in talks to pick up a ......
TPG NewQuest names new partner for India team
Secondaries private equity firm TPG NewQuest, which was originally founded as NewQuest Capital Partners in 2011 and became a TPG-owned entity in 2022, has named a partner in its India team, VCCircle has gathered. TPG NewQuest, which focuses on acquiring secondary private equity positions in companies across the Asia-Pacific region, has ......
TPG commits $1 bn to AI data centre joint venture with TCS
Private equity firm TPG has committed to invest as much as $1 billion (Rs 8,820 crore) in an AI data centre joint venture with Tata Consultancy Services Ltd, India’s biggest software services exporter. The commitment is part of an investment of Rs 18,000 crore in the JV, HyperVault AI Data Center ......
Grapevine: Temasek, EQT, TPG, Quest Global, Limelight, ASG Hospital, others in news
Private-equity firm Temasek is in advanced talks to acquire a stake in engineering services company Quest Global, while pharmaceutical major Lupin and private equity firms EQT Partners and TPG Capital are in early discussions to buy UK-based Vitabiotics. Meanwhile, Shilpa Shetty-backed Limelight and materials science startup Whizzo are close to raising ......
Apax Partners picks up minority stake in ready-to-cook brand iD Fresh
Private equity firm Apax Partners has struck its first deal in an Indian company in over a year, picking up a “significant minority” stake in ready-to-cook brand iD Fresh Food India Pvt. Ltd, known for its packaged foods, particularly its idli and dosa batter. Apax Partners will acquire the stake from ......
Grapevine: ICICI Prudential AMC, TPG, Warburg, Adani Green Energy, others in news
UK-based insurer Prudential Plc is in talks to dilute its stake in ICICI Prudential AMC via a pre-IPO share placement, and French energy major TotalEnergies is looking to offload a significant share of its holding in Adani Green Energy while private equity majors TPG Capital and Warburg Pincus are in ......
TPG-backed fintech platform Fibe bags $35 mn cheque from IFC
Fintech platform Fibe has raised $35 million (Rs 314 crore) from the International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, in its Series F round. VCCircle had reported in June that the company was in advanced talks to raise Rs 300 crore from the IFC. “This capital ......












