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Bottomline: PremjiInvest-backed TVS Credit sustains healthy AUM growth in FY24

Finance

29 August, 2024

Bottomline: PremjiInvest-backed TVS Credit sustains healthy AUM growth in FY24

TVS Credit Services, the non-banking finance arm of two-wheeler maker TVS Motor Company, posted a 24% year-on-year rise in assets under management ......

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Grapevine: Fairfax, Bain eye API maker; ChrysCap nears deal for Belgian Waffle

General

28 August, 2024

Grapevine: Fairfax, Bain eye API maker; ChrysCap nears deal for Belgian Waffle

Canadian billionaire Prem Watsa's Fairfax and US private equity firm Bain Capital are competing to acquire Vadodara-based API maker Farmson Basic Drugs in a deal ......

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FirstCry cuts fresh issue size in IPO as PE/VC investors change exit plans

Consumer

31 July, 2024

FirstCry cuts fresh issue size in IPO as PE/VC investors change exit plans

Softbank-backed baby products retailer FirstCry, which received regulatory approval for an initial public offering earlier this month after refiling its preliminary documents, ......

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Bottomline: PremjiInvest-backed Mintifi shines in FY24 as profit, AUM jump

Finance

16 July, 2024

Bottomline: PremjiInvest-backed Mintifi shines in FY24 as profit, AUM jump

Supply-chain financing startup Mintifi recorded a surge in its profit for the year through March 2024 as it expanded its ......

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Deals Digest: PE/VC funding activity rises in value, while deal volume slumps

General

12 July, 2024

Deals Digest: PE/VC funding activity rises in value, while deal volume slumps

Private equity (PE) and venture capital (VC) funding momentum this week rose in terms of deal value, primarily due to ......

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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) ......

PremjiInvest leads $32 mn funding round in wealth management firm Dezerv

Finance

09 July, 2024

PremjiInvest leads $32 mn funding round in wealth management firm Dezerv

Wealth management firm Dezerv on Tuesday said that it raised Rs 265 crore (around $31.7 million) in a funding round ......

Quadria, PremjiInvest-backed firms move a step closer to public float

Healthcare

08 July, 2024

Quadria, PremjiInvest-backed firms move a step closer to public float

Quadria-backed drugmaker Akums Drugs & Pharmaceuticals Ltd and PremjiInvest-backed float glass maker Gold Plus have received markets regulator SEBI’s nod ......

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Ex-PremjiInvest partners team up with Malacca Ventures' exec to float PE firm

Finance

08 July, 2024

Ex-PremjiInvest partners team up with Malacca Ventures' exec to float PE firm

Two former executives of PremjiInvest, the family office of Wipro Ltd founder chairman Azim Premji, have teamed up with a ......

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PremjiInvest scripting nearly $250 mn exit with bumper returns

Consumer

05 July, 2024

PremjiInvest scripting nearly $250 mn exit with bumper returns

PremjiInvest, the family office of Wipro founder chairman Azim Premji, which scored a 10x returns in a partial exit early ......