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Former Blackstone exec Cyriac's Florintree inks another record busting exit

Manufacturing

16 February, 2024

Former Blackstone exec Cyriac's Florintree inks another record busting exit

Florintree Capital Partners, a private equity investment firm floated by former Blackstone executive Mathew Cyriac, has hit the ball out ......

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Flashback 2023: Private investments and M&As take a hit as investors show caution

General

29 December, 2023

Flashback 2023: Private investments and M&As take a hit as investors show caution

India’s private investment scenario was more or less grim through 2023 as investors shifted stances, tweaked criteria and took more ......

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Flashback 2023: Flipkart, PhonePe lead tech deal value; AI-powered startups new flavour in town

TMT

27 December, 2023

Flashback 2023: Flipkart, PhonePe lead tech deal value; AI-powered startups new flavour in town

This year may have been sluggish when it came to overall deal momentum of the tech sector in Indian startup ......

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Grapevine: Five PE firms in fray for Indira IVF; WestBridge makes consumer bet

General

06 June, 2023

Grapevine: Five PE firms in fray for Indira IVF; WestBridge makes consumer bet

Private equity firm WestBridge Capital has picked up a majority stake in Tamil Nadu-based fruit and vegetable chain Kovai Pazhamudhir ......

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Blackstone reports a 3.9x MOIC for first Asia fund; collects $10 bn for two new Asia funds

Finance

22 October, 2021

Blackstone reports a 3.9x MOIC for first Asia fund; collects $10 bn for two new Asia funds

Blackstone Group Inc. has reported a multiple on invested capital (MOIC) of 3.9x for its first Asia fund BCP Asia ......

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Blackstone operating partner leaving for consulting gig

People

12 July, 2021

Blackstone operating partner leaving for consulting gig

A Blackstone Group operating partner in India is leaving the firm to take up a role at a consulting company, ......

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Blackstone Group makes part-exit from TaskUS

TMT

14 June, 2021

Blackstone Group makes part-exit from TaskUS

Global private equity firm Blackstone Group has booked a part-exit from US-based TaskUs Inc. which went public on NASDAQ on ......

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Blackstone set to book 12X returns on investment in IPO-bound Sona BLW

Manufacturing

25 February, 2021

Blackstone set to book 12X returns on investment in IPO-bound Sona BLW

Global alternative assets manager Blackstone Group is set to book its most profitable return from an Indian investment with the ......

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Former Blackstone exec sets up real estate investment management firm

Infrastructure

11 February, 2021

Former Blackstone exec sets up real estate investment management firm

A senior executive, who moved out of private equity major Blackstone’s India team in December, has set up a venture ......

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Blackstone kicks off 2021 with strong IPO pipeline for India portfolio

TMT

12 January, 2021

Blackstone kicks off 2021 with strong IPO pipeline for India portfolio

Blackstone Group has lined up a robust pipeline of exits from its India portfolio this year. The New York headquartered ......