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PremjiInvest, Info Edge back early-stage startups

TMT

03 March, 2023

PremjiInvest, Info Edge back early-stage startups

PremjiInvest, the private investment vehicle of Wipro founder-chairman Azim Premji, has led a $26 million (around Rs 206 crore) Series ......

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Deals Digest: Funding activity tanks seeing steepest decline in weeks

TMT

03 March, 2023

Deals Digest: Funding activity tanks seeing steepest decline in weeks

In a major decline in funding activity, deal value more than halved from the last week as the last five ......

PremjiInvest-backed FabIndia scraps $482-mn IPO

Consumer

27 February, 2023

PremjiInvest-backed FabIndia scraps $482-mn IPO

Apparel retailer Fabindia on Monday said it has withdrawn its 40 billion rupee ($482.4 million) initial public offering amid rough ......

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Koye Pharma hires banker for fresh fundraise; draws interest from domestic firm

Healthcare

22 August, 2022

Koye Pharma hires banker for fresh fundraise; draws interest from domestic firm

Koye Pharmaceuticals Pvt. Ltd has hired investment bank o3 Capital for a fresh fundraise, two people close to the development ......

GlobalBees acquires sport equipment brand Reach, portfolio grows to a dozen

Consumer

09 February, 2022

GlobalBees acquires sport equipment brand Reach, portfolio grows to a dozen

Softbank and PremjiInvest-backed GlobalBees Brands Pvt Ltd, that aggregates and invests in e-commerce brands, has added fitness equipment and accessories ......

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PremjiInvest sees 7X returns from FabIndia

Finance

25 January, 2022

PremjiInvest sees 7X returns from FabIndia

PI Opportunities Fund, which is part of the billionaire Azim Premji's private investment arm PremjiInvest, is sitting on annualized returns ......

NewQuest Capital bets $68 mn in packaged food maker id Fresh, Helion exits

Consumer

04 January, 2022

NewQuest Capital bets $68 mn in packaged food maker id Fresh, Helion exits

NewQuest Capital Partners, a private equity (PE) firm focused on emerging markets, has struck its latest bet in India by ......

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PremjiInvest in talks to bet on digital gold lending startup

Finance

02 November, 2021

PremjiInvest in talks to bet on digital gold lending startup

PremjiInvest, the family office of Wipro founder chairman Azim Premji, is in advanced talks to invest in a gold assets ......

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Fabindia appoints bankers for IPO; may raise up to $1 bn

Consumer

09 September, 2021

Fabindia appoints bankers for IPO; may raise up to $1 bn

Fabindia Overseas Pvt Ltd has hired five merchant bankers to float an initial public offering (IPO) which will allow the ......

Premium
Medikabazaar in talks with new local PE, others for Series C funding

Healthcare

21 July, 2021

Medikabazaar in talks with new local PE, others for Series C funding

Medikabazaar, a business-to-business (B2B) online marketplace for medical supplies, is in advanced talks with a new homegrown private equity fund ......