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Plutus Wealth buys out WestBridge from gaming platform Nazara

TMT

05 January, 2021

Plutus Wealth buys out WestBridge from gaming platform Nazara

Homegrown private equity firm WestBridge Capital, one of the early investors in Nazara Technologies Ltd, has fully logged out of ......

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Flashback 2020: Wealth funds, newcomers jostle with old-timers in top PEs list

Finance

31 December, 2020

Flashback 2020: Wealth funds, newcomers jostle with old-timers in top PEs list

West Asian sovereign wealth funds and a couple of new American buyout firms stormed into the club of top private ......

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Flashback 2020: Sequoia, Edelweiss stand tallest in tepid year for PE-VC fundraising

Finance

30 December, 2020

Flashback 2020: Sequoia, Edelweiss stand tallest in tepid year for PE-VC fundraising

Fundraising activities by private equity and venture capital firms in India slowed this year in the wake of the coronavirus ......

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Warburg Pincus scores its biggest multi-bagger exit from India

Finance

18 December, 2020

Warburg Pincus scores its biggest multi-bagger exit from India

Private equity giant Warburg Pincus, which has had a string of successes in India, has struck its biggest multi-bagger in ......

Westbridge leads Series C funding in social commerce startup DealShare

TMT

08 December, 2020

Westbridge leads Series C funding in social commerce startup DealShare

DealShare, a social commerce startup that focusses on the grocery segment, said Tuesday it has raised $21 million (around Rs ......

TVS Motor buys shared mobility startup Intellicar

TMT

01 December, 2020

TVS Motor buys shared mobility startup Intellicar

TVS Motor Company Ltd, two-wheeler and three-wheeler manufacturer, has acquired shared mobility startup Intellicar Telematics Pvt Ltd. TVS Motor, which is ......

Grapevine: GIC hires WestBridge exec for India fund; Tatas ask SIA to drop non-compete

General

27 November, 2020

Grapevine: GIC hires WestBridge exec for India fund; Tatas ask SIA to drop non-compete

Singapore’s sovereign wealth fund GIC is set to launch an India-dedicated public market fund of size up to $3 billion ......

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LEAD School's Sumeet Mehta on profitability, pandemic's impact on education and more

TMT

13 November, 2020

LEAD School's Sumeet Mehta on profitability, pandemic's impact on education and more

Ed-tech company LEAD School is aiming to combine a business-to-business (B2B) model with an element of impact, by bridging learning ......

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WestBridge Capital pumps up PIPE bet to biggest ever

Consumer

27 October, 2020

WestBridge Capital pumps up PIPE bet to biggest ever

WestBridge Capital has expanded a PIPE bet (private investment in public equities), making it the biggest exposure in a listed ......

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WestBridge Capital exits consumer-focussed firm with modest returns

Consumer

23 October, 2020

WestBridge Capital exits consumer-focussed firm with modest returns

Mid-market private equity firm WestBridge Capital has exited interior decor products maker Greenply Industries Ltd with modest returns from the ......