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Norwest Venture Partners

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Bottomline: TPG-backed Fibe's FY23 profit jumps, NPAs remain in control

TMT

06 October, 2023

Bottomline: TPG-backed Fibe's FY23 profit jumps, NPAs remain in control

Online lending platform Fibe, which was earlier known as EarlySalary, recorded a sharp jump in profit and jump for the ......

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SoftBank-backed Oyo may get two new investors as IPO wait stretches

TMT

05 October, 2023

SoftBank-backed Oyo may get two new investors as IPO wait stretches

Global private equity firms General Atlantic and Norwest Venture Partners are in talks to pick a secondary stake in Oravel ......

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Grapevine: Norwest eyes stake in IFC-backed hospital chain; Nat Habit plans new round

General

28 September, 2023

Grapevine: Norwest eyes stake in IFC-backed hospital chain; Nat Habit plans new round

Multi-stage private equity investor Norwest Venture Partners is nearing a buyout of a hospital chain, which is backed by International ......

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PE-backed Ummeed Housing snags $20 mn from overseas investor

Finance

18 September, 2023

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 Partners, CX Partners and Lightrock (previously LGT ......

Pepperfry appoints co-founder as CEO, raises fresh funding

Consumer

05 September, 2023

Pepperfry appoints co-founder as CEO, raises fresh funding

Furniture retailer Pepperfry has appointed co-founder Asish Shah as chief executive officer, shortly after the company's other co-founder Ambareesh Murty ......

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TPG, Norwest, Matrix Partners make $220-mn India exit move

Finance

01 September, 2023

TPG, Norwest, Matrix Partners make $220-mn India exit move

Private equity firm TPG, which scored a multi-bagger partial exit from a five-year-old Indian bet recently as part of its ......

Khazanah-backed Xpressbees snaps up Trackon

Infrastructure

14 August, 2023

Khazanah-backed Xpressbees snaps up Trackon

BusyBees Logistics Solutions Pvt. Ltd, which runs logistics services startup Xpressbees, said on Monday that it has acquired logistics company ......

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TPG, KKR-backed Five-Star Business' CEO on growth areas, fintech competition and more

Finance

21 July, 2023

TPG, KKR-backed Five-Star Business' CEO on growth areas, fintech competition and more

Non-banking financial company (NBFC) Five-Star Business Finance Ltd counts private equity firms KKR and TPG as well as venture capital ......

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Norwest-backed Mintifi charts out expansion plan, to scale up offline footprint

TMT

14 July, 2023

Norwest-backed Mintifi charts out expansion plan, to scale up offline footprint

Mumbai-based supply chain financing startup Mintifi, which counts PremjiInvest, Norwest Venture Partners, Elevation Capital and International Finance Corporation as its investors, aims to expand its operations in ......

Tiger Global-backed Oxyzo's FY23 profit rises 2.8x as revenue, loan book expand

Finance

20 June, 2023

Tiger Global-backed Oxyzo's FY23 profit rises 2.8x as revenue, loan book expand

Financial services unicorn Oxyzo Financial Services Pvt Ltd, which counts Alpha Wave, Tiger Global Management, Norwest Venture Partners, Matrix Partners ......