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Avataar Venture Partners taps European LP for second India fund

Finance

25 October, 2023

Avataar Venture Partners taps European LP for second India fund

Growth stage investment firm Avataar Venture Partners, floated by former executives of Norwest Venture Partners and Freshworks Inc., has onboarded ......

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Norwest, TPG leading over $100 mn BFSI sector bet; rope in co-investors

Finance

11 October, 2023

Norwest, TPG leading over $100 mn BFSI sector bet; rope in co-investors

American venture capital and growth equity investor Norwest Venture Partners and private equity firm TPG Growth are leading an investment of more than $100 ......

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General Atlantic-backed Amagi in talks with sovereign funds to raise $250 mn

TMT

10 October, 2023

General Atlantic-backed Amagi in talks with sovereign funds to raise $250 mn

Media technology firm Amagi is in talks with new and existing investors to raise as much as $250 million in ......

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Bottomline: TPG-backed Fibe's FY23 profit jumps, NPAs remain in control

TMT

06 October, 2023

Bottomline: TPG-backed Fibe's FY23 profit jumps, NPAs remain in control

Online lending platform Fibe, which was earlier known as EarlySalary, recorded a sharp jump in profit and jump for the ......

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SoftBank-backed Oyo may get two new investors as IPO wait stretches

TMT

05 October, 2023

SoftBank-backed Oyo may get two new investors as IPO wait stretches

Global private equity firms General Atlantic and Norwest Venture Partners are in talks to pick a secondary stake in Oravel ......

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Grapevine: Norwest eyes stake in IFC-backed hospital chain; Nat Habit plans new round

General

28 September, 2023

Grapevine: Norwest eyes stake in IFC-backed hospital chain; Nat Habit plans new round

Multi-stage private equity investor Norwest Venture Partners is nearing a buyout of a hospital chain, which is backed by International ......

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PE-backed Ummeed Housing snags $20 mn from overseas investor

Finance

18 September, 2023

PE-backed Ummeed Housing snags $20 mn from overseas investor

Gurugram-based Ummeed Housing Finance Pvt Ltd, which counts Morgan Stanley Private Equity Asia, Norwest Venture Partners, CX Partners and Lightrock (previously LGT ......

Pepperfry appoints co-founder as CEO, raises fresh funding

Consumer

05 September, 2023

Pepperfry appoints co-founder as CEO, raises fresh funding

Furniture retailer Pepperfry has appointed co-founder Asish Shah as chief executive officer, shortly after the company's other co-founder Ambareesh Murty ......

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TPG, Norwest, Matrix Partners make $220-mn India exit move

Finance

01 September, 2023

TPG, Norwest, Matrix Partners make $220-mn India exit move

Private equity firm TPG, which scored a multi-bagger partial exit from a five-year-old Indian bet recently as part of its ......

Khazanah-backed Xpressbees snaps up Trackon

Infrastructure

14 August, 2023

Khazanah-backed Xpressbees snaps up Trackon

BusyBees Logistics Solutions Pvt. Ltd, which runs logistics services startup Xpressbees, said on Monday that it has acquired logistics company ......