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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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TPG NewQuest set to bet on company competing with TPG Growth portfolio firm

Infrastructure

06 October, 2023

TPG NewQuest set to bet on company competing with TPG Growth portfolio firm

TPG NewQuest, a part of private equity firm TPG Inc. that focuses on secondaries transactions, is all set to invest ......

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TPG-backed firm to absorb Indian drugmaker's contract development biz, go public

Healthcare

25 September, 2023

TPG-backed firm to absorb Indian drugmaker's contract development biz, go public

An Indian biopharmaceutical company that counts private equity firm TPG as an investor will absorb a local drugmaker’s contract development ......

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TPG-backed Asia Healthcare Holdings acquires nephrology hospital chain

Healthcare

20 September, 2023

TPG-backed Asia Healthcare Holdings acquires nephrology hospital chain

Asia Healthcare Holdings (AHH), which operates Motherhood Hospitals and Nova Fertility Clinics, has struck a deal to pick up a majority stake in a urology and ......

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Schroders Capital appoints former TPG Newquest exec for Asia bets

People

20 September, 2023

Schroders Capital appoints former TPG Newquest exec for Asia bets

British multinational asset management company Schroders Capital, which has backed companies like agritech startup Agrostar and is a limited partner ......

TPG-backed RR Kabel's IPO oversubscribed nearly 19 times

Manufacturing

15 September, 2023

TPG-backed RR Kabel's IPO oversubscribed nearly 19 times

Indian wires and cables maker RR Kabel's initial public offering, valued at about 19.64 billion rupees ($236.25 million), was oversubscribed ......

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TPG, KKR-backed Livspace posts strong revenue growth in FY23, narrows EBITDA loss

Consumer

15 September, 2023

TPG, KKR-backed Livspace posts strong revenue growth in FY23, narrows EBITDA loss

Home décor startup Livspace, which is backed by US private equity firms TPG and KKR, recorded a significant jump in ......

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Grapevine: Blume nears final close of third growth fund; PEs eye green energy firm

General

11 September, 2023

Grapevine: Blume nears final close of third growth fund; PEs eye green energy firm

Early-stage investor Blume Ventures, which has backed more than 150 startups including Unacademy, Spinny, Slice, Grey Orange, Turtlemint, Carbon Clean ......

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Is TPG meeting benchmark returns in partial exit via RR Kabel IPO?

Manufacturing

08 September, 2023

Is TPG meeting benchmark returns in partial exit via RR Kabel IPO?

Private equity firm TPG is selling the bulk of its stake in cables and wires maker RR Kabel Ltd through ......

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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 ......