Piramal Alternatives
Finance
Bottomline: Piramal-backed Annapurna posts stellar FY24 figures, buries ghost of Covid-19
Annapurna Finance Pvt Ltd, a microfinance institution with a strong foothold in eastern India, can boast of a breakout year ......
TMT
Deals Digest: A91 Partners, UK's BII make two bets each as PE/VC activity jumps
Private equity and venture capital activity increased this week, both in value and volume terms, with A91 Partners striking two ......
Infrastructure
EV maker Euler Motors raises additional $24 mn, closes Series C round
Commercial electric-vehicle maker Euler Motors, which raised nearly $60 million in fresh capital in October 2022 and about $14.5 million ......
Finance
Deals Digest: Funding activity jumps as NIIF, Warburg sign big cheques
The amount of capital raised by local companies from private equity and venture capital firms picked up this week thanks ......
Healthcare
Piramal Alternatives invests $13.2 mn in contract drugmaker Biodeal
Piramal Alternatives, the fund management arm of the Piramal Group, has announced a Rs 110-crore ($13.2 million) investment in Noida-based ......
TMT
Nihilent founder taps private credit funds for leveraged buyout deal
LC Singh, founder of Pune-based consulting and services company Nihilent Ltd, has secured financing from a couple of private credit ......
Finance
Private credit fund backs ATM operator Transaction Solutions
Piramal Alternatives and CDPQ-backed performing credit fund have agreed to extend a ₹200 crore ($23.9 million) sum to ATM (automated ......
Infrastructure
Piramal Alternatives backs electric mobility company PMI Electro
E-bus maker PMI Electro Mobility Solutions Pvt. Ltd, on Wednesday said that it has raised Rs 250 crore ($30 million ......
General
Grapevine: FirstCry co-founder faces tax probe; Piramal to invest in PE, VC funds
The income tax department is investigating an alleged tax evasion by FirstCry co-founder Supam Maheshwari, a media report said. The department has sent notices ......
Manufacturing
Piramal Alternatives invests $27 mn in specialty chemicals firm
Piramal group’s alternate asset arm Piramal Alternatives has tapped the fragrance and flavour (F&F) sector making an investment of Rs 225 ......
