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PremjiInvest

GlobalBees acquires sport equipment brand Reach, portfolio grows to a dozen

Consumer

09 February, 2022

GlobalBees acquires sport equipment brand Reach, portfolio grows to a dozen

Softbank and PremjiInvest-backed GlobalBees Brands Pvt Ltd, that aggregates and invests in e-commerce brands, has added fitness equipment and accessories ......

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PremjiInvest sees 7X returns from FabIndia

Finance

25 January, 2022

PremjiInvest sees 7X returns from FabIndia

PI Opportunities Fund, which is part of the billionaire Azim Premji's private investment arm PremjiInvest, is sitting on annualized returns ......

NewQuest Capital bets $68 mn in packaged food maker id Fresh, Helion exits

Consumer

04 January, 2022

NewQuest Capital bets $68 mn in packaged food maker id Fresh, Helion exits

NewQuest Capital Partners, a private equity (PE) firm focused on emerging markets, has struck its latest bet in India by ......

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PremjiInvest in talks to bet on digital gold lending startup

Finance

02 November, 2021

PremjiInvest in talks to bet on digital gold lending startup

PremjiInvest, the family office of Wipro founder chairman Azim Premji, is in advanced talks to invest in a gold assets ......

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Fabindia appoints bankers for IPO; may raise up to $1 bn

Consumer

09 September, 2021

Fabindia appoints bankers for IPO; may raise up to $1 bn

Fabindia Overseas Pvt Ltd has hired five merchant bankers to float an initial public offering (IPO) which will allow the ......

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Medikabazaar in talks with new local PE, others for Series C funding

Healthcare

21 July, 2021

Medikabazaar in talks with new local PE, others for Series C funding

Medikabazaar, a business-to-business (B2B) online marketplace for medical supplies, is in advanced talks with a new homegrown private equity fund ......

FirstCry's Thrasio-style venture secures $150 mn, onboards Lightspeed Venture

Consumer

19 July, 2021

FirstCry's Thrasio-style venture secures $150 mn, onboards Lightspeed Venture

Online first baby products retailer’s GlobalBees, India’s largest Thrasio-style house of brands venture for direct to consumer (D2C) brands and ......

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Fabindia lines up mega IPO, eyes $2 bn valuation

Consumer

29 June, 2021

Fabindia lines up mega IPO, eyes $2 bn valuation

Ethnic wear retailer Fabindia Overseas Pvt Ltd is eyeing an initial public offering (IPO) in six to nine months which ......

Grapevine: FirstCry venture to hunt sellers on ecommerce marketplaces; upGrad to raise funds

General

29 April, 2021

Grapevine: FirstCry venture to hunt sellers on ecommerce marketplaces; upGrad to raise funds

Omnichannel children’s retailer FirstCry has received a $75 million commitment from Japan’s SoftBank, TPG, ChrysCapital and PremjiInvest to launch India’s ......

ADV Partners, PremjiInvest buy controlling stake in Micro Plastics

Consumer

27 April, 2021

ADV Partners, PremjiInvest buy controlling stake in Micro Plastics

Asia-focused private equity firm ADV Partners and family office PremjiInvest have acquired a controlling stake in Micro Plastics, which makes ......