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PE-backed Vastu Housing Finance secures $50 mn from US development financier

Finance

12 September, 2024

PE-backed Vastu Housing Finance secures $50 mn from US development financier

Vastu Housing Finance has received a loan of up to $50 million from United States International Development Finance Corporation (USDFC) ......

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Multiples PE signs off with barely anything to show from decade-old bet on a group

Consumer

12 September, 2024

Multiples PE signs off with barely anything to show from decade-old bet on a group

Renuka Ramnath-led private equity firm Multiples Alternate Asset Management Pvt Ltd (Multiples PE) has logged out from an eight-year-old portfolio company ......

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Multiples PE, Narotam Sekhsaria FO set for a multi-bagger as DAM Capital eyes IPO

Finance

04 September, 2024

Multiples PE, Narotam Sekhsaria FO set for a multi-bagger as DAM Capital eyes IPO

DAM Capital Advisors, which was created when Axis Capital veteran Dharmesh Anil Mehta acquired IDFC Securities with the backing of ......

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Multiples PE-backed Vastu Housing adding another investor to cap table

Finance

16 August, 2024

Multiples PE-backed Vastu Housing adding another investor to cap table

Vastu Housing Finance Corp Ltd, the mortgage lender that counts a bunch of private equity and venture capital firms as ......

Grapevine: Amazon nears Axio acquisition; PEs in race for Eye Foundation

General

31 July, 2024

Grapevine: Amazon nears Axio acquisition; PEs in race for Eye Foundation

Amazon is close to its second acquisition in the Indian fintech space, after Emvantage, a media report said.   The company is ......

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Bottomline: Vastu Housing Finance's AUM for last fiscal soars past $1 bn mark

Finance

25 July, 2024

Bottomline: Vastu Housing Finance's AUM for last fiscal soars past $1 bn mark

Private equity firm Multiples PE-controlled non-banking company Vastu Housing Finance recorded a significant rise in its assets under management (AUM) ......

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Grapevine: Norfund, AIIB eye IndiGrid's new platform; suitors line up for Yes Bank

General

11 July, 2024

Grapevine: Norfund, AIIB eye IndiGrid's new platform; suitors line up for Yes Bank

Norfund and German development finance institution DEG are among the investment firms considering a stake in KKR-backed India Grid Trust’s (IndiGrid) ......

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TA Associates set to strike $150-mn India deal

Finance

26 June, 2024

TA Associates set to strike $150-mn India deal

US-based private equity firm TA Associates, which has mostly been active in monetising its bets in India this year, is all ......

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Grapevine: Haldiram promoters resist PE offers; Stripe may buy stake in SBI Payments

General

21 May, 2024

Grapevine: Haldiram promoters resist PE offers; Stripe may buy stake in SBI Payments

Promoters of Haldiram Snacks Foods are reluctant to sell their stakes to private equity (PE) firms and have dismissed reports ......

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GEF Capital strikes fresh bet in electric mobility company

Infrastructure

07 May, 2024

GEF Capital strikes fresh bet in electric mobility company

Private equity firm GEF Capital has picked up a stake in a homegrown electric mobility solutions player, which is backed ......