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Grapevine: TPG, others eye stake in FirstCry

General

17 February, 2021

Grapevine: TPG, others eye stake in FirstCry

TPG Growth, PremjiInvest and ChrysCapital are in advanced talks to pick up stakes in SoftBank-backed FirstCry in a round worth ......

Premji, Mirae, others invest in KreditBee; Xiaomi exits, Shunwei pares stake

TMT

15 February, 2021

Premji, Mirae, others invest in KreditBee; Xiaomi exits, Shunwei pares stake

KreditBee, a fintech company focused on consumer lending, has raised $75 million (about Rs 544 crore) in a Series C ......

Warburg Pincus, PremjiInvest back pharmacy chain MedPlus

Healthcare

11 February, 2021

Warburg Pincus, PremjiInvest back pharmacy chain MedPlus

New York headquartered private equity investor Warburg Pincus, and PremjiInvest, the family office of Wipro founder chairman Azim Premji, have ......

Premium
Toy maker Micro Plastics catches Asian PE attention for control deal

Manufacturing

05 February, 2021

Toy maker Micro Plastics catches Asian PE attention for control deal

An Asia-focused private equity firm is in advanced talks for a control deal with Micro Plastics Pvt Ltd, which makes ......

Grapevine: Italy's Eni eyes renewables; ONGC woos ExxonMobil

General

19 January, 2021

Grapevine: Italy's Eni eyes renewables; ONGC woos ExxonMobil

Rome-headquartered Eni SpA is exploring the feasibility of participating in the world’s largest clean energy programme, eyeing gigawatt-scale investments in ......

Grapevine: Warburg to invest in MedPlus; Vodafone's lender consortium expands

General

21 December, 2020

Grapevine: Warburg to invest in MedPlus; Vodafone's lender consortium expands

Warburg Pincus is in advanced talks to invest Rs 1,500 crore ($203 million) in MedPlus, India’s second-largest pharmacy retailer, through ......

Premium
Toys maker Micro Plastics revives PE fundraising plan

Manufacturing

01 December, 2020

Toys maker Micro Plastics revives PE fundraising plan

Micro Plastics Pvt. Ltd, which makes toys as well as components for sports goods and automotive industries, has renewed its ......

Premium
Future Group's PE investors in the lurch; will they sign off Reliance-Biyani deal?

Consumer

02 November, 2020

Future Group's PE investors in the lurch; will they sign off Reliance-Biyani deal?

Future Group’s multi-billion-dollar deal with Reliance Industries Ltd, which has been challenged by Amazon.com Inc, has left a half-dozen private ......

Grapevine: Finnov to clean out China backers, eyes new investors Premji, Mirae, others

General

27 October, 2020

Grapevine: Finnov to clean out China backers, eyes new investors Premji, Mirae, others

PremjiInvest, South Korea’s Mirae Asset Venture Investment and others are in talks to invest up to $40 million (Rs 295 ......

PremjiInvest-backed Koye Pharmaceuticals raises debt capital

Healthcare

02 September, 2020

PremjiInvest-backed Koye Pharmaceuticals raises debt capital

Mumbai-based Koye Pharmaceuticals Pvt. Ltd has raised debt capital from non-banking financial company BlackSoil Capital Pvt. Ltd. Blacksoil said in a ......