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Bottomline: Accel-backed Power2SME's FY23 revenue rises, but at a cost

TMT

11 December, 2023

Bottomline: Accel-backed Power2SME's FY23 revenue rises, but at a cost

Business-to-business industrials marketplace Power2SME’s topline grew in the financial year through March 2023 even as its net loss increased slightly, ......

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GEF Capital's new fund crosses halfway mark as another returning LP comes on board

Finance

05 December, 2023

GEF Capital's new fund crosses halfway mark as another returning LP comes on board

Climate and sustainability-focused private equity firm GEF Capital Partners has received a commitment from an international institution for its latest alternative ......

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Gaja Capital wraps up fourth India PE fund aided by LP co-investment pool

Finance

01 December, 2023

Gaja Capital wraps up fourth India PE fund aided by LP co-investment pool

Homegrown private equity firm Gaja Capital, which kicked off the process to raise its fourth fund in mid-2020, has made a ......

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AuthBridge backer Phi Capital hits the road for second PE fund

Finance

29 November, 2023

AuthBridge backer Phi Capital hits the road for second PE fund

Private equity firm Phi Capital, which has invested in background verification company AuthBridge and Arya Vaidya Pharmacy among others, has ......

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Deals Digest: PE/VC transactions rise after sharp drop

TMT

24 November, 2023

Deals Digest: PE/VC transactions rise after sharp drop

Private equity and venture capital deal flow regained some momentum this week after a tepid last week, when deal activity slumped ......

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AU Small Finance Bank raising fresh capital from offshore investor

Finance

22 November, 2023

AU Small Finance Bank raising fresh capital from offshore investor

AU Small Finance Bank, which is backed by Indian private equity firm WestBridge Capital as well as Singapore state investment Temasek, is raising ......

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Another returning LP looks to sign bigger cheque for SPE Capital's Africa fund

Finance

22 November, 2023

Another returning LP looks to sign bigger cheque for SPE Capital's Africa fund

SPE Capital, which raised $258 million for its first private equity fund in early 2021 and roped in a returning limited partner (LP) ......

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Multiples PE-backed Vastu Housing taps second equity investor in as many months

Finance

22 November, 2023

Multiples PE-backed Vastu Housing taps second equity investor in as many months

Vastu Housing Finance Corporation Ltd., a mortgage lender controlled by Renuka Ramnath-led private equity firm Multiples PE, is bringing its ......

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Cholamandalam Investment taps offshore investor to raise fresh capital

Finance

21 November, 2023

Cholamandalam Investment taps offshore investor to raise fresh capital

Murugappa Group firm Cholamandalam Investment & Finance Company Ltd is set to receive fresh capital from a development finance institution ......

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Kedaara-backed Aavas Financiers to get funding from foreign investor

Finance

08 November, 2023

Kedaara-backed Aavas Financiers to get funding from foreign investor

Aavas Financiers Ltd, a mortgage lender backed by Indian private equity firm Kedaara Capital and Swiss investment firm Partners Group, is raising ......