Lightrock
Finance
Elevation-backed Aye Finance aims to more than double AUM, triple profit by FY27
Aye Finance, a non-banking finance company which lends to micro, small and medium sector enterprises (MSME) in India, ......
TMT
Bottomline: VC-backed fintech startup Olyv doubles revenue, turns profitable
Fintech startup SmartCoin, which rebranded to Olyv in February this year, more than doubled its revenue in the last ......
Finance
VC-backed Aye Finance set to secure $30 mn in fresh capital
Aye Finance, a non-banking finance company (NBFC), is set to raise $30 million (about Rs 250 crore) in fresh capital ......
General
Grapevine: KKR-controlled JB Chemicals eyes M&A; Lightrock partner on way out
Mumbai-based JB Chemicals & Pharmaceuticals Ltd, which is majority-owned by private equity firm KKR, is looking to ......
Finance
FMO-backed NeoGrowth speeds up revenue, profit growth after turning the corner
Fintech lender NeoGrowth, which came out of the red in the year through March to mark a turnaround from the damage ......
Finance
PE-backed Ummeed Housing snags $20 mn from overseas investor
Gurugram-based Ummeed Housing Finance Pvt Ltd, which counts Morgan Stanley Private Equity Asia, Norwest Venture ......
General
Deals Digest: PE/VC funding value doubles due to HDFC Credila deal
This week’s overall funding doubled in value terms, aided by the big-ticket private equity buyout of HDFC’s ......
General
Grapevine: Five firms in fray for Sumeet Industries; Waycool nearing unicorn tag
Surat-based yarn and polyester maker Sumeet Industries has drawn interests from five bidders to take over the debt-laden......
Finance
Bottomline: Aye Finance returns to profit in FY23 as revenue, loan book grow
Fintech lending startup Aye Finance made a remarkable turnaround in the financial year that ended March 2023, rebounding......
TMT
Lightrock-backed edtech firm Eupheus eyes M&As again. What's on its radar?
Eupheus Learning, an edtech company backed by private equity firm Lightrock India, is looking for inorganic growth ......
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