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Deals Digest: Funding level drops week-on-week but stays strong at over $400 mn

TMT

10 May, 2024

Deals Digest: Funding level drops week-on-week but stays strong at over $400 mn

Indian companies raised a lower amount of capital this week compared with the previous five-day period as only a handful ......

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PremjiInvest backs business group to acquire home financier

Finance

10 May, 2024

PremjiInvest backs business group to acquire home financier

PremjiInvest, the family office of Wipro Ltd's founder chairman Azim Premji, has backed an Indian business conglomerate's acquisition of a home ......

Softbank, TPG-backed FirstCry refiles IPO papers

Consumer

06 May, 2024

Softbank, TPG-backed FirstCry refiles IPO papers

Brainbees Solutions Ltd, the parent company of baby products retailer FirstCry, has refiled its draft red herring prospectus (DRHP) with ......

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Manipal consolidates training biz under UNext after buying out PremjiInvest

Consumer

03 May, 2024

Manipal consolidates training biz under UNext after buying out PremjiInvest

Ranjan Pai-led Manipal Group that has been in the news with the big-ticket majority stake sale of its hospital arm ......

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Grapevine: Neuberg Diagnostics eyes pre-IPO funding; Tatas in talks for Fabindia stake

General

18 April, 2024

Grapevine: Neuberg Diagnostics eyes pre-IPO funding; Tatas in talks for Fabindia stake

Neuberg Diagnostics, a super-specialty diagnostics chain, intends to raise about $100 million (Rs 835 crore) from private equity investors ahead ......

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Grapevine: Tesla, RIL in talks for EV plant; PremjiInvest may bet on Canva

General

10 April, 2024

Grapevine: Tesla, RIL in talks for EV plant; PremjiInvest may bet on Canva

Billionaire Elon Musk-led Tesla is in talks with Reliance Industries Ltd (RIL) to establish a joint venture for manufacturing electric ......

Centre Court Capital marks first close of maiden VC fund

Finance

04 April, 2024

Centre Court Capital marks first close of maiden VC fund

Centre Court Capital, a sports technology- and gaming-focused venture capital firm, has marked the first close of its maiden investment ......

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PremjiInvest, L Catterton eye investment in personal care brand

Consumer

27 March, 2024

PremjiInvest, L Catterton eye investment in personal care brand

Billionaire Azim Premji’s family office PremjiInvest and consumer-focused private equity firm L Catterton have emerged frontrunners to invest in a homegrown ......

Advent International-backed Aditya Birla Capital to merge with financial unit

Finance

11 March, 2024

Advent International-backed Aditya Birla Capital to merge with financial unit

India's Aditya Birla Capital Ltd (ABCL) said on Monday it will merge with its unit Aditya Birla Finance and turn ......

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PremjiInvest, Kotak Special Situations Fund eye an exit

Manufacturing

12 February, 2024

PremjiInvest, Kotak Special Situations Fund eye an exit

PremjiInvest, which recently pressed the sell button on one of its most profitable bets, generating outsized returns from a new-age ......