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Byju's founder Raveendran faces reckoning as startup implodes

TMT

22 July, 2024

Byju's founder Raveendran faces reckoning as startup implodes

Byju Raveendran, an Indian mathematics whiz who soared from teacher to startup billionaire before his education-technology company imploded this year, ......

KKR to acquire Kerala hospital in year's third India healthcare deal

Healthcare

01 July, 2024

KKR to acquire Kerala hospital in year's third India healthcare deal

Private equity firm KKR said Monday it has struck a deal to acquire a majority stake in a south India hospital, ......

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Grapevine: Ecom Express, Aris Infra plan IPOs; General Atlantic's Naik stepping down

General

27 June, 2024

Grapevine: Ecom Express, Aris Infra plan IPOs; General Atlantic's Naik stepping down

Gurugram-based logistics company Ecom Express that counts alternative investment firms Partners Group and Warburg Pincus as its key shareholders is ......

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General Atlantic, Ares Asia pull out $120 mn from India portfolio firm

Finance

20 June, 2024

General Atlantic, Ares Asia pull out $120 mn from India portfolio firm

Private equity firm General Atlantic and special situations investor Ares Asia have mopped up a total of almost $120 million ......

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Lighthouse-backed medical devices firm weighs IPO as talks with PEs stall

Healthcare

20 June, 2024

Lighthouse-backed medical devices firm weighs IPO as talks with PEs stall

A medical devices maker, which is backed by mid-market private equity firm Lighthouse Funds, is considering an initial public offering ......

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Grapevine: Unacademy eyes merger with K12 Techno; Warburg Pincus leads Whatfix funding

General

19 June, 2024

Grapevine: Unacademy eyes merger with K12 Techno; Warburg Pincus leads Whatfix funding

Edtech unicorn Unacademy is in discussions to merge with K12 Techno, the operator of Orchids International Schools, a media report ......

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Ares Asia spins high returns from India portfolio after a string of flops

Finance

18 June, 2024

Ares Asia spins high returns from India portfolio after a string of flops

Private equity-style alternative investment firm Ares Asia, formerly Ares SSG, which began life after US-based Ares Management acquired SSG Capital ......

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General Atlantic pockets $136 mn in twin exit moves from India portfolio

Finance

30 May, 2024

General Atlantic pockets $136 mn in twin exit moves from India portfolio

Private equity firm General Atlantic, which makes both late-stage venture capital and growth equity transactions in India, has churned out a ......

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Exclusive: US pension fund CalPERS looks to invest in another Indian hospital

Healthcare

24 May, 2024

Exclusive: US pension fund CalPERS looks to invest in another Indian hospital

The California Public Employees’ Retirement System (CalPERS), the largest US public pension fund and a limited partner in several global ......

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General Atlantic kicks off exit plan from India healthcare portfolio firm

Healthcare

22 May, 2024

General Atlantic kicks off exit plan from India healthcare portfolio firm

Private equity firm General Atlantic, which makes both late-stage venture capital and growth equity transactions in India, has started the process ......