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Exclusive: PE funds in race for Indian-origin founders' US-based IT firm

TMT

06 June, 2023

Exclusive: PE funds in race for Indian-origin founders' US-based IT firm

At least two private equity investors are evaluating an investment in a US-based digital transformation services and consulting company that has a significant presence in India, ......

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We are the Zara and H&M of Tier-II and III cities: Citykart founder

Consumer

17 May, 2023

We are the Zara and H&M of Tier-II and III cities: Citykart founder

Citykart Retail Pvt. Ltd, which counts Bahrain-based alternative asset manager Investcorp as one of its investors, not only managed to stay afloat during ......

InCred Capital hires three execs to beef up top deck

Finance

08 May, 2023

InCred Capital hires three execs to beef up top deck

InCred Capital, the wealth and asset management arm of InCred Group, has appointed Akbar Khan, Anjani Kumar and Mahesh Prasad ......

Malaysian sovereign fund Khazanah bets on logistics firm Xpressbees

Infrastructure

28 April, 2023

Malaysian sovereign fund Khazanah bets on logistics firm Xpressbees

Malaysian sovereign wealth fund Khazanah Nasional Berhad has bet $40 million (around Rs 320 crore) on Pune-based logistics company Xpressbees.  Khazanah ......

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Investcorp-backed FreshToHome explores acquisitions to expand scale

TMT

10 April, 2023

Investcorp-backed FreshToHome explores acquisitions to expand scale

Meat and seafood delivery platform FreshToHome, which counts Amazon, Iron Pillar, and Investcorp as its investors, is looking to expand ......

InsuranceDekho acquires Sequoia-backed SME insurance firm Verak

General

04 April, 2023

InsuranceDekho acquires Sequoia-backed SME insurance firm Verak

Investcorp-backed InsuranceDekho, which raised $150 million in one of the largest Series A rounds across the country, on Tuesday said ......

FreshToHome raises Series D funding, led by Amazon Smbhav

Consumer

21 February, 2023

FreshToHome raises Series D funding, led by Amazon Smbhav

Direct-to-consumer meat delivery brand FreshToHome has closed $104 million (Rs 861.3 crore) in a Series D round led by Amazon ......

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Investcorp signing off from India portfolio company with dream returns

Consumer

17 February, 2023

Investcorp signing off from India portfolio company with dream returns

Bahrain-based Investcorp, which is executing a multi-pronged strategy for its India investment practice, is on course for a full exit ......

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Deals Digest: Deal volume halves as funding slumps this week

TMT

17 February, 2023

Deals Digest: Deal volume halves as funding slumps this week

Deal volume nearly halved as venture capital and private equity funding activity saw a slight dip this week. Besides, mergers ......

Citykart appoints former Walmart India's exec as president, COO

People

07 February, 2023

Citykart appoints former Walmart India's exec as president, COO

Apparel retailer Citykart on Tuesday appointed Ritesh Rathi as the company’s president and chief operating officer to drive its growth.  In ......