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Grapevine: PE firms eye Cipla stake; RP-Sanjiv Goenka in fray for chemicals firm

General

27 July, 2023

Grapevine: PE firms eye Cipla stake; RP-Sanjiv Goenka in fray for chemicals firm

Pharma major Cipla's promoters are in discussions with major private equity firms to sell a part of their total holding ......

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Spotlight: Why PE-backed Micro Plastics hasn't gained as expected from China+1 theme

Manufacturing

14 July, 2023

Spotlight: Why PE-backed Micro Plastics hasn't gained as expected from China+1 theme

Toymaker Micro Plastics Pvt. Ltd has steadily expanded over the last decade but hasn’t yet managed to accelerate growth as ......

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Norwest-backed Mintifi charts out expansion plan, to scale up offline footprint

TMT

14 July, 2023

Norwest-backed Mintifi charts out expansion plan, to scale up offline footprint

Mumbai-based supply chain financing startup Mintifi, which counts PremjiInvest, Norwest Venture Partners, Elevation Capital and International Finance Corporation as its investors, aims to expand its operations in ......

PremjiInvest leads $33 mn round in jewellery brand Giva

Consumer

05 July, 2023

PremjiInvest leads $33 mn round in jewellery brand Giva

Indiejewel Fashions Pvt. Ltd, which operates silver jewellery-focused brand Giva, has raised Rs 200 crore in its Series B funding ......

Advent International-backed Aditya Birla Capital to raise up to $213 mn via share sale

Finance

27 June, 2023

Advent International-backed Aditya Birla Capital to raise up to $213 mn via share sale

India's Aditya Birla Capital has proposed to issue equity shares worth up to 17.5 billion rupees ($213.5 million) through a ......

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Grapevine: PMI Electro Mobility, IndiQube, Oro Money seek fresh funding

General

19 June, 2023

Grapevine: PMI Electro Mobility, IndiQube, Oro Money seek fresh funding

Electric bus maker PMI Electro Mobility is in discussions for a funding round as it looks to scale up its ......

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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 ......

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Bottomline: Lenskart's ‘core' biz turns operationally profitable in FY23, but faces new challenge

TMT

12 June, 2023

Bottomline: Lenskart's ‘core' biz turns operationally profitable in FY23, but faces new challenge

Omni-channel eyewear retailer Lenskart, which counts marquee names such as PremjiInvest, KKR, Temasek and Abu Dhabi Investment Authority (ADIA), among ......

PremjiInvest picks up minority stake in TVS Credit for $90 mn

Finance

10 June, 2023

PremjiInvest picks up minority stake in TVS Credit for $90 mn

PremjiInvest, the family office investment arm of Wipro Ltd founder-chairman Azim Premji, has struck a deal to acquire a 9.7% ......

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Bottomline: PremjiInvest-backed Mintifi's NBFC arm strengthens financial position

Finance

07 June, 2023

Bottomline: PremjiInvest-backed Mintifi's NBFC arm strengthens financial position

PremjiInvest-backed Mintifi Pvt Ltd’s non-bank lending arm reported a stellar performance in the last financial year, with its income and ......