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Norwest, TPG leading over $100 mn BFSI sector bet; rope in co-investors

Finance

11 October, 2023

Norwest, TPG leading over $100 mn BFSI sector bet; rope in co-investors

American venture capital and growth equity investor Norwest Venture Partners and private equity firm TPG Growth are leading an investment of more than $100 ......

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General Atlantic-backed Amagi in talks with sovereign funds to raise $250 mn

TMT

10 October, 2023

General Atlantic-backed Amagi in talks with sovereign funds to raise $250 mn

Media technology firm Amagi is in talks with new and existing investors to raise as much as $250 million in ......

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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 ......