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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 ......

ICICI Venture backs Indifi in second bet from fifth PE fund

Finance

13 June, 2023

ICICI Venture backs Indifi in second bet from fifth PE fund

ICICI Venture, the alternative investment arm of ICICI Bank, has led a Series E funding round of $35 million (Rs ......

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Magma HDI set for stake sale after failed PE deal with ICICI Venture, Morgan Stanley

Finance

18 April, 2023

Magma HDI set for stake sale after failed PE deal with ICICI Venture, Morgan Stanley

Magma HDI General Insurance Co, which was a joint venture between Poonawalla FinCorp and German insurer HDI Global SE but ......

ICICI Venture makes first investment from fifth PE fund

TMT

16 November, 2022

ICICI Venture makes first investment from fifth PE fund

ICICI Venture, the alternative investment arm of ICICI Bank, on Wednesday said it has invested Rs 360 crore (around $44.3 ......

Ex-ICICI Venture chief backs SaaS startup Assert AI

TMT

07 November, 2022

Ex-ICICI Venture chief backs SaaS startup Assert AI

Assert AI, a software-as-a-service startup focused on computer vision, said it has raised $2 million from Prashant Purker, former managing ......

Mayfield partner Subeer Monga joins ICICI Venture

People

04 October, 2022

Mayfield partner Subeer Monga joins ICICI Venture

Former Mayfield India executive Subeer Monga has joined ICICI Venture as a partner, the alternative investment arm of ICICI Bank, ......

Zopper pockets $75 mn in Series C round

Finance

20 September, 2022

Zopper pockets $75 mn in Series C round

Noida-based digital insurance solutions provider Zopper has secured a Series C funding of $75 million (around Rs 592 crore) led ......

Malpani Group partners Aditya Birla ARC to acquire PE-backed stressed Imagicaaworld

Consumer

24 June, 2022

Malpani Group partners Aditya Birla ARC to acquire PE-backed stressed Imagicaaworld

Maharashtra-based Malpani Group has acquired majority stake in Jacob Ballas-backed Imagicaaworld Entertainment Ltd. (Imagicaa) for Rs 575 crore ($73 million), ......

Multiples PE-led consortium acquires 9.3% stake in BDR Pharma

Healthcare

17 May, 2022

Multiples PE-led consortium acquires 9.3% stake in BDR Pharma

A consortium led by private equity firm Multiples Alternate Asset Management Pvt. Ltd has bought 9.3% stake in Mumbai-based BDR ......

IFC to invest in Motilal Oswal PE's fourth fund, target bumps up to $588 mn

Finance

26 April, 2022

IFC to invest in Motilal Oswal PE's fourth fund, target bumps up to $588 mn

International Finance Corporation (IFC), the private investment arm of World Bank, has committed at least $35 million in homegrown Motilal ......