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Grapevine: Finnov to clean out China backers, eyes new investors Premji, Mirae, others

General

27 October, 2020

Grapevine: Finnov to clean out China backers, eyes new investors Premji, Mirae, others

PremjiInvest, South Korea’s Mirae Asset Venture Investment and others are in talks to invest up to $40 million (Rs 295 ......

PremjiInvest-backed Koye Pharmaceuticals raises debt capital

Healthcare

02 September, 2020

PremjiInvest-backed Koye Pharmaceuticals raises debt capital

Mumbai-based Koye Pharmaceuticals Pvt. Ltd has raised debt capital from non-banking financial company BlackSoil Capital Pvt. Ltd. Blacksoil said in a ......

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Icertis CFO on how the PremjiInvest-backed SaaS firm is using investor capital

TMT

01 September, 2020

Icertis CFO on how the PremjiInvest-backed SaaS firm is using investor capital

Over the past five years enterprise contract lifecycle management company Icertis Inc. has raised more than $200 million from investors ......

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Warburg Pincus-backed SBI General Insurance gets new CEO

Finance

21 July, 2020

Warburg Pincus-backed SBI General Insurance gets new CEO

SBI General Insurance Company Ltd, which counts private equity firm Warburg Pincus as an investor, has elevated its deputy chief ......

Grapevine: Brookfield may invest in SBG Cleantech; Premji, SBI mull joint bid for Future JV

General

01 July, 2020

Grapevine: Brookfield may invest in SBG Cleantech; Premji, SBI mull joint bid for Future JV

SoftBank-backed SBG Cleantech has approached Brookfield for up to $600 million (Rs 4,530 crore at current exchange rate), people aware ......

PremjiInvest inhales controlling stake in aroma chemicals company BVC

Manufacturing

30 June, 2020

PremjiInvest inhales controlling stake in aroma chemicals company BVC

PremjiInvest, the family investment office of Wipro Ltd founder chairman Azim Premji, is acquiring a controlling stake in Baroda-based speciality ......

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After Jio, KKR looks to invest in pharmacy chain

Healthcare

10 June, 2020

After Jio, KKR looks to invest in pharmacy chain

Private equity giant KKR & Co. Inc, which recently struck its biggest Asia deal by investing in Reliance Industres Ltd’s ......

Grapevine: Blackstone, Indian asset managers look to buy L&T Mutual Fund

Finance

30 April, 2020

Grapevine: Blackstone, Indian asset managers look to buy L&T Mutual Fund

Private equity giant Blackstone and some Indian asset managers are in the fray to acquire a majority stake in engineering-to-finance ......

Grapevine: Prudent ARC, US fund eye Punj Lloyd; Super Vasmol up for sale

General

16 March, 2020

Grapevine: Prudent ARC, US fund eye Punj Lloyd; Super Vasmol up for sale

Prudent ARC and a US-based fund backed by a group of engineering companies have joined the race for Punj Lloyd ......

Grapevine: Apax, others eye CSS Corp; Adani may infuse funds in Simplex Infra

General

20 February, 2020

Grapevine: Apax, others eye CSS Corp; Adani may infuse funds in Simplex Infra

Private equity funds including Apax Partners and Kedaara Capital are in early discussions to acquire US-headquartered IT company CSS Corp., ......