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Norwest Venture Partners

Investcorp, others bet $110 mn on Alibaba-backed Xpressbees

TMT

10 November, 2020

Investcorp, others bet $110 mn on Alibaba-backed Xpressbees

Bahrain-based alternative investment firm Investcorp and other investors have put in $110 million (about Rs 816 crore) in Alibaba Group-backed ......

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Norwest takes a rare haircut in partial exit from road developer

Infrastructure

25 August, 2020

Norwest takes a rare haircut in partial exit from road developer

Silicon Valley investment firm Norwest Venture Partners has marked its first liquidity event in nearly a year by partially exiting ......

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Sarva Capital scores multi-bagger exit from non-bank lender

Finance

15 May, 2020

Sarva Capital scores multi-bagger exit from non-bank lender

Venture capital fund Sarva Capital has made a multi-bagger exit from its five-year-old investment in a non-banking finance company that ......

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Fund Scan: How Norwest scored $1 bn in India exits as it readies new game plan

Finance

28 April, 2020

Fund Scan: How Norwest scored $1 bn in India exits as it readies new game plan

Last year, Norwest Venture Partners sealed a rare deal in India’s venture capital industry. The six-decade-old venture and growth-stage investor ......

Veritas Finance raises Series E funding from Kedaara Capital, others

Finance

20 March, 2020

Veritas Finance raises Series E funding from Kedaara Capital, others

Veritas Finance Pvt. Ltd has raised Rs 350 crore ($46 million at current exchange rates) in its Series E round ......

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Norwest executive, others back gin producer in angel round

Consumer

19 March, 2020

Norwest executive, others back gin producer in angel round

A top executive at Norwest Venture Partners, which has backed a slew of Indian startups such as Swiggy as well ......

Swiss asset manager responsAbility backs Ess Kay Fincorp via debt financing

Finance

03 March, 2020

Swiss asset manager responsAbility backs Ess Kay Fincorp via debt financing

Ess Kay Fincorp Ltd, a non-banking financial company that focusses on the commercial vehicle and small business segments, has raised ......

Grapevine: Jhunjhunwala under SEBI lens; Kedaara may bet on Veritas Finance

General

28 January, 2020

Grapevine: Jhunjhunwala under SEBI lens; Kedaara may bet on Veritas Finance

The Securities and Exchange Board of India is investigating insider trading allegations against billionaire investor Rakesh Jhunjhunwala, a media report ......

Early investors in Swiggy take home $222 mn in partial exits

TMT

15 January, 2020

Early investors in Swiggy take home $222 mn in partial exits

Many early investors in Swiggy have earned high returns on their investments in the online food delivery startup by selling ......

GIC, ADIA-backed Greenko set to buy stake in large hydro project

Infrastructure

08 January, 2020

GIC, ADIA-backed Greenko set to buy stake in large hydro project

Greenko Group, India’s most-funded renewable energy company, is set to acquire a stake in a large hydropower project that was ......