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Advent International-backed Aditya Birla Capital to raise up to $213 mn via share sale

Finance

27 June, 2023

Advent International-backed Aditya Birla Capital to raise up to $213 mn via share sale

India's Aditya Birla Capital has proposed to issue equity shares worth up to 17.5 billion rupees ($213.5 million) through a ......

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Grapevine: PMI Electro Mobility, IndiQube, Oro Money seek fresh funding

General

19 June, 2023

Grapevine: PMI Electro Mobility, IndiQube, Oro Money seek fresh funding

Electric bus maker PMI Electro Mobility is in discussions for a funding round as it looks to scale up its ......

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Deals Digest: Funding value jumps as Amp Energy, Lenskart score big cheques

TMT

16 June, 2023

Deals Digest: Funding value jumps as Amp Energy, Lenskart score big cheques

The total value of private equity and venture capital deals in India grew more than three times this week, despite ......

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Bottomline: Lenskart's ‘core' biz turns operationally profitable in FY23, but faces new challenge

TMT

12 June, 2023

Bottomline: Lenskart's ‘core' biz turns operationally profitable in FY23, but faces new challenge

Omni-channel eyewear retailer Lenskart, which counts marquee names such as PremjiInvest, KKR, Temasek and Abu Dhabi Investment Authority (ADIA), among ......

PremjiInvest picks up minority stake in TVS Credit for $90 mn

Finance

10 June, 2023

PremjiInvest picks up minority stake in TVS Credit for $90 mn

PremjiInvest, the family office investment arm of Wipro Ltd founder-chairman Azim Premji, has struck a deal to acquire a 9.7% ......

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Bottomline: PremjiInvest-backed Mintifi's NBFC arm strengthens financial position

Finance

07 June, 2023

Bottomline: PremjiInvest-backed Mintifi's NBFC arm strengthens financial position

PremjiInvest-backed Mintifi Pvt Ltd’s non-bank lending arm reported a stellar performance in the last financial year, with its income and ......

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PremjiInvest-backed JV hires former exec of Blackstone-controlled firm as CEO

Manufacturing

31 May, 2023

PremjiInvest-backed JV hires former exec of Blackstone-controlled firm as CEO

A packaging platform formed by PremjiInvest, the private investment arm of Wipro Ltd founder chairman Azim Premji, along with an ......

 PremjiInvest-backed BrightChamps acquires Metamorphosis Edu

TMT

27 April, 2023

PremjiInvest-backed BrightChamps acquires Metamorphosis Edu

Edtech startup BrightChamps has bought Hyderabad-based learning platform Metamorphosis Edu in a cash-and-stock deal.  However, the financial transactions of the deal ......

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Elevation Capital charts course for $600 mn India exit

Finance

26 April, 2023

Elevation Capital charts course for $600 mn India exit

Multi-stage investment firm Elevation Capital (formerly SAIF Partners) has firmly pressed the sell button on one of its legacy bets in the ......

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Exclusive: TVS Motor's lending unit TVS Credit gets PE interest for large deal

Finance

19 April, 2023

Exclusive: TVS Motor's lending unit TVS Credit gets PE interest for large deal

TVS Credit Services Ltd is in talks with at least two private equity investors to raise a large funding round, ......