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Madison PE-backed India Shelter Finance's IPO covered over 36 times on final day

Finance

15 December, 2023

Madison PE-backed India Shelter Finance's IPO covered over 36 times on final day

The initial public offering of India Shelter Finance Corporation Ltd (ISFC) received strong response from investors as the issue was ......

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Madison PE, Nexus Ventures rework exit plan from portfolio company

Finance

08 December, 2023

Madison PE, Nexus Ventures rework exit plan from portfolio company

Private equity firm Madison India Capital, which has floated a new fund about six years after it closed its fourth investment vehicle, ......

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FMO-backed NeoGrowth speeds up revenue, profit growth after turning the corner

Finance

23 November, 2023

FMO-backed NeoGrowth speeds up revenue, profit growth after turning the corner

Fintech lender NeoGrowth, which came out of the red in the year through March to mark a turnaround from the damage caused by ......

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AU Small Finance Bank raising fresh capital from offshore investor

Finance

22 November, 2023

AU Small Finance Bank raising fresh capital from offshore investor

AU Small Finance Bank, which is backed by Indian private equity firm WestBridge Capital as well as Singapore state investment Temasek, is raising ......

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L Catterton-backed Sugar Cosmetics gets interest from more marquee investors

Consumer

21 November, 2023

L Catterton-backed Sugar Cosmetics gets interest from more marquee investors

Beauty and personal care brand Sugar Cosmetics, which counts US-based private equity firm L Catterton as a shareholder, has generated ......

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Bottomline: IndiQube looking at 40% revenue growth in FY24

Infrastructure

17 November, 2023

Bottomline: IndiQube looking at 40% revenue growth in FY24

Flexible office spaces provider IndiQube, which reported a net profit last fiscal after four consecutive years of net losses, is ......

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Why Westbridge-backed IndiQube is betting on renovated properties to drive growth

Infrastructure

07 November, 2023

Why Westbridge-backed IndiQube is betting on renovated properties to drive growth

Flexible office space provider IndiQube, backed by private equity firm Westbridge Capital Partners, aims to add two to three assets ......

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Exclusive: Peak XV, WestBridge-backed startups in merger talks

Consumer

03 November, 2023

Exclusive: Peak XV, WestBridge-backed startups in merger talks

Two startups, which count prominent private equity and venture capital firms such as WestBridge Capital, Accel, Peak XV Partners, Fireside ......

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PE-backed furniture brand WoodenStreet bets on offline play for growth

Consumer

01 November, 2023

PE-backed furniture brand WoodenStreet bets on offline play for growth

Online-first furniture platform WoodenStreet has reported strong growth in its sales for the financial year ended March 2023, thanks to ......

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How True North, TA, LeapFrog and MO Alts fare as Fincare SFB gets strategic buyer

Finance

30 October, 2023

How True North, TA, LeapFrog and MO Alts fare as Fincare SFB gets strategic buyer

The private equity backers of Fincare Small Finance Bank, who were looking to taking the lender public via an initial share sale as ......