Date | Title | Description |
31.10.2024 | Swiggy's IPO: A Culinary Journey to the Stock Market | Swiggy is ready to take a giant leap. The Indian food delivery giant is set to launch its initial public offering (IPO) on November 6, 2024. This move is more than just a financial maneuver; it’s a bold statement in the bustling marketplace... |
30.10.2024 | Swiggy Set to Launch IPO on November 6, 2024, with Price Band of INR 371 to INR 390 per Share Swiggy has established a price band of INR 371 to INR 390 per equity share, with bids to be made for a min... | Swiggy, India's leading online food delivery and services platform, has announced its much-anticipated initial public offering (IPO) to open on Wednesday, November 6, 2024. The IPO bidding will close on Friday, November 8, 2024, with the An... |
23.10.2024 | India’s Economic Ascent: A Tapestry of Growth and Investment | India is on the brink of a remarkable transformation. The country is poised to become the world’s third-largest economy by the fiscal year 2030-31, according to S&P Global. This forecast is not just a number; it’s a testament to India’s... |
22.10.2024 | JSW Steel-JFE JV acquires Thyssenkrupp India for Rs 40.51 billion
Delhi HC orders Ansal Properties to maintain status quo
MREAT sets aside MahaRERA order
Institutional investment in real estate up 31%... | Steel JSW Steel-JFE JV acquires Thyssenkrupp India for Rs 40.51 billion
22 Oct 2024 2 Min Read CW Team
JSW Steel, in partnership with Japan’s JFE Steel Corp, has finalized the acquisition of Thyssenkrupp Electrical Steel (TKES) India for Rs... |
22.10.2024 | FirstCry subsidiary GlobalBees invests Rs 4.5 Cr in Dynamic IT Solution
Recommended Stories For You | GlobalBees Brands Private Limited, a subsidiary of FirstCry parent Brainbees Solutions, has invested Rs 4.5 crore in Dynamic IT Solution Private Limited, a step down subsidiary of the company.
With this investment, Globalbees has acquired ... |
19.10.2024 | A New Steel Alliance: JSW and JFE Join Forces in India | In the bustling world of steel, alliances are forged like iron in a furnace. On October 18, 2024, JSW Steel Ltd, led by billionaire Sajjan Jindal, announced a significant partnership with Japan's JFE Steel Corporation. Together, they are se... |
18.10.2024 | JSW Steel, JFE Steel Corp JV buys thyssenkrupp India unit for ₹4,000 crore | JSW Steel along with JFE Steel Corporation has acquired thyssenkrupp Electrical Steel India for ₹4,051 crore.
Thyssenkrupp India has a manufacturing facility in Nashik, Maharashtra, to produce grain-oriented electrical steel.
The acquisitio... |
18.10.2024 | Eruditus: $150 Million (Series F) Raised To Make Education Accessible And Affordable | Eruditus, a leader in making high-quality education accessible and affordable to individuals, companies, and governments, announced today that it has raised a $150 million Series F fundraise led by TPG’s The Rise Fund with participation fro... |
18.10.2024 | JSW teams up with Japan's JFE to acquire Thyssenkrupp's India arm | JSW's logo on the company's headquarters in Mumbai, Feb. 11, 2016. | Credit: Reuters/Danish Siddiqui
Billionaire Sajjan Jindal-led JSW Steel Ltd said Friday it has formed a joint venture with Japan's JFE Steel Corporation to acquire German ... |
18.10.2024 | TPG’s Rise Fund leads Series F funding in Eruditus at $3 bn valuation | Ashwin Damera, CEO, Eruditus
Edtech startup Eruditus has raised $150 million in a fresh funding round led by American private equity firm TPG’s impact investment platform The Rise Fund.
Eruditus’ existing investors Softbank, Leeds Illuminat... |
27.09.2024 | Swiggy Announces Plans for Landmark IPO with ₹10,000 Crore Issue The fresh issue and the OFS component will bring the company's IPO to INR 10,414 crore. | Food delivery platform Swiggy announced its plans to go public with its Initial Public Offering (IPO) in what looks to be one of the biggest listings in the current market debut boom in India and is proposed to be listed on BSE Limited and ... |
26.09.2024 | Swiggy files IPO papers, to raise Rs 3,750 crore via fresh issue | Swiggy IPO
Swiggy, the food and grocery delivery platform, has filed draft papers with the capital markets regulator SEBI to raise funds via an initial public offering. This would be the second company in the food delivery segment (after Zo... |
10.09.2024 | EQT's Bold Move: Acquiring GeBBS Healthcare Solutions | In a significant shift in the healthcare technology landscape, EQT, a Swedish private equity firm, has set its sights on GeBBS Healthcare Solutions. This acquisition marks a pivotal moment for both companies, as EQT aims to enhance its foot... |
09.09.2024 | EQT to acquire GeBBS Healthcare Solutions, a leading healthcare technology solutions provider | EQT to acquire GeBBS Healthcare Solutions, a leading healthcare technology solutions provider
Mon, Sep 09, 2024 07:30 CET Report this content
GeBBS Healthcare Solutions (“GeBBS” or the “Company”) specializes in revenue cycle management, hea... |
09.09.2024 | EQT to acquire GeBBS Healthcare Solutions, a leading healthcare technology solutions provider | GeBBS Healthcare Solutions ("GeBBS" or the "Company") specializes in revenue cycle management, health information management (HIM), and medical billing services
It offers a range of services designed to help US-based hea... |
09.09.2024 | EQT to acquire GeBBS Healthcare as ChrysCapital exits | Hari Gopalakrishnan, Partner-EQT Private Capital Asia and Head-EQT Private Capital India
Swedish private equity firm EQT said Monday it has agreed to acquire a controlling stake in healthcare technology services company GeBBS Healthcare Sol... |
26.08.2024 | India's Data Centers to Expand Capacity
TOTO India celebrates 10 years of manufacturing excellence in Gujarat
A Forest of Memories
Bhopal lags behind Indore Metro Project Works | ECONOMY & POLICY India's Data Centers to Expand Capacity
26 Aug 2024 4 Min Read CW Team
India's data center industry is set to add 500 MW of capacity over the next four years, according to a report by Avendus Capital. This significant e... |
19.08.2024 | Warburg Pincus Makes Bold Move in Indian Furniture Market with Ebco Acquisition | In a strategic play, Warburg Pincus has secured a majority stake in Ebco Pvt Ltd, a prominent player in India's furniture fittings and architectural hardware sector. This acquisition marks a significant milestone for the private equity firm... |
16.08.2024 | Warburg Pincus picks up majority stake in furniture company Ebco | Credit: Pixabay
Warburg Pincus, the private equity firm that underwent a leadership change last month with Jeffrey Perlman appointed its new chief executive officer, has now ramped up its play in the furniture space in India with the acquis... |
06.08.2024 | Brainbees Solutions Limited raises INR 1885.8 Cr and Allots Shares Ahead of IPO Brainbees Solutions Limited, the company behind the online shopping platform FirstCry has announced that it has raised I... | Brainbees Solutions Limited, the company behind the online shopping platform FirstCry has announced that it has raised INR 1885.8 crore from 71 anchor investors and allotted 4,05,55,428 Equity Shares for the same.
The fund was raised at the... |
02.08.2024 | Billion Dollar Valuations & Billion Dollar AUM’s on the court, at Bertelsmann Badminton Championship 2024 | Bangalore, August 2nd, 2024 – The 6th Annual Bertelsmann India Investments (BII) Badminton Championship held at the Prakash Padukone Badminton Academy brought together venture capitalists and startups in a lively mix of competition and coll... |
01.08.2024 | FirstCry's Parent Company BRAINBEES SOLUTIONS LIMITED Announces Its IPO Brainbees Solutions Limited, the registered company of the brand First Cry has proposed to open its initial public offering (IPO... | Brainbees Solutions Limited, the registered company of the brand First Cry has proposed to open its initial public offering (IPO) on Tuesday, August 6, 2024. Bid/ Offer Closing Date will be Thursday, August 8, 2024.
The price band of the of... |
04.07.2024 | Cooby Revolutionizes Customer Engagement with Latest Seed Funding | Cooby, a Taiwan-based WhatsApp sales platform, has secured a whopping US$1.75 million in its latest seed funding round, bringing its total investment to a staggering US$4.75 million. This milestone supports Cooby's mission to transform cust... |
03.07.2024 | Cooby Secures US$1.75M in Seed Funding | Wen Shaw, Cooby CEO
Cooby, a Taipei, Taiwan-based provider of a WhatsApp sales platform, raised US$1.75M in Seed funding.
The round, which brought the total amount to US$4.75M, was led by Shilling VC, along with existing investors Peak XV’s... |
02.07.2024 | FirstCry Parent Brainbees Solutions Gets SEBI Nod for INR 1,816 Cr IPO The initial public offering consists of a new issue of equity shares up to INR 1,816 crore and an offer to sell up to 54.39 milli... | Brainbees Solutions Limited, the parent company for kids-focused omnichannel retailer FirstCry, has received final approval from the Security Exchange Board of India (SEBI) for its initial public offering (IPOs).
In December of last year, F... |
06.06.2024 | Lenskart's Phenomenal Growth: A Deep Dive into Funding and Valuation | In a groundbreaking move, Lenskart, the renowned eyewear retailer, has recently secured a substantial $200 million in secondary investment from prominent investors Temasek and Fidelity. This significant infusion of capital has propelled Len... |
04.06.2024 | Eyewear retailer Lenskart raised $200 M from FMR, Temasek | Retailer of eyewear Lenskart has raised $200 million from Fidelity Management & Research Company (FMR) and Temasek as a secondary investment. With this investment, Fidelity enters the cap table and Temasek increases its stake in Lenskar... |
03.06.2024 | Temasek, Fidelity buy Lenskart shares for $200m at $5b valuation | Indian eyewear retailer Lenskart has raised $200 million in secondary investment from Temasek and Fidelity Management & Research Company.
Avendus, which advised selling shareholders in the deal, announced the development on Monday. The ... |
30.05.2024 | Avendus Launches Future Leaders Fund III with a Target AUM of USD 350 Mn The Mumbai-based fund plans to make 10–12 investments with an average allocation of INR 200–300 crore per investment, targeting... | - |
29.05.2024 | KKR-backed Avendus Capital rolls out $350m third Future Leaders Fund | US private equity giant KKR-backed financial services group Avendus Capital has launched its third future leaders’ fund that is targeting to raise Rs 3,000 crore ($350 million). |
29.05.2024 | Avendus Capital rolls out third Future Leaders Fund, targets $350 mn | Ritesh Chandra, managing partner, Avendus Future Leaders Fund
Avendus Capital has ramped up its play in the alternative investment fund (AIF) sector with the launch of a new vehicle on Wednesday.
The Avendus Future Leaders Fund (FLF) III, a... |
29.05.2024 | Avendus Launches INR 3,000 Cr Fund To Invest In Late Stage Startups | SUMMARY
Along with a target corpus of INR 3,000 Cr, the fund will also have a greenshoe option of INR 1,500 Cr
The fund will make 11-12 investments with an average ticket-size of of INR 200 Cr to INR 300 Cr in late-stage companies across fi... |
24.05.2024 | IPO-bound Lenskart nets $200m from Temasek, Fidelity at $5b valuation | EcommerceInvestmentsNewsStartups
Samreen Ahmad · 2d ago · 1 min readIPO-bound Lenskart nets $200m from Temasek, Fidelity at $5b valuation
Photo credit: Lenskart Singapore
India-based Lenskart, a direct-to-consumer eyewear retailer, has secu... |
08.04.2024 | Avendus, top India venture advisor, seeks $300 million for new PE fund | Avendus, India’s leading investment bank for venture deals, is looking to raise about $300 million for its private equity unit, according to three sources familiar with the matter.
The Mumbai-based firm, backed by U.S. private equity giant ... |
22.03.2024 | How to invest your money in a volatile market? Motilal Oswal draws up a plan | India's equity market outlook continues to remain positive given the strength of corporate balance sheets and the healthy uptrend in the capex cycle, said Motilal Oswal in a note. An analysis by the brokerage shows that large-cap companies ... |
19.03.2024 | Markets feel weight of TCS stake sale; Sensex YTD returns turn negative | The benchmark indices fell more than 1 per cent on Tuesday, weighed down by losses in information technology (IT) stocks, led by bellwether Tata Consultancy Services (TCS). Nervousness ahead of the two-day policy meeting of the US Federal R... |
12.03.2024 | NSE reduces transaction charges by 1%; to exit from non-core businesses | The board of the National Stock Exchange (NSE) has approved a 1 per cent reduction in transaction charges for cash equity and equity derivatives, effective from April 1, 2024.
Currently, the transaction charge in the equity delivery or cash... |
08.08.2023 | Tech-enabled Sourcing Platform Bidso Secures $1.5 Mn From PeerCapital & Other Investors | Bidso, a technology-led product procurement platform, has raised $1.5 million (Rs 12.4 crore) in a funding round led by PeerCapital.
The funding round also saw participation from DeVC and angel investors like Mohit Sadaani (The Mom’s Co.), ... |
24.07.2023 | B2B Marketplace For Restaurants Redbasil Raises Fresh Funding | Redbasil, a tech-driven, zero-inventory marketplace for wholesale food supply for restaurants and cloud kitchens, has raised an undisclosed amount in a funding round led by South Asia Tech Partners. Angel network Mumbai Angels also particip... |
20.06.2023 | B2B Marketplace The Yarn Bazaar Raises Rs 15 Cr Funding | The Yarn Bazaar, a B2B marketplace for yarn-based products, has raised $1.8 million (Rs 15 crore) in a Series A funding round co-led by Rajiv Dadlani Group and Equanimity Ventures.
Family offices of Arihant Patni, Ekta Kapoor (Balaji Films)... |
10.05.2023 | SaaS-led B2B Commerce Platform Soptle Raises $1 Mn In Pre-Seed Round | Soptle, a SaaS-led B2B marketplace for FMCG manufacturers and retailers, has raised $1 million in a pre-seed funding round co-led by Kube VC along with We Founder Circle. Iceland Venture Studio (IVS), Nyra Ventures, and Dunzo founder Ankur ... |
19.01.2022 | Avendus raises $57.8 mn to mark first close of second structured credit fund | Avendus PE Investment Advisors, an asset management arm of Avendus Group, has marked the first close of its second structured credit fund Avendus Structured Credit Fund II (ASCF II) by raising Rs 432 crore (around $57.85 million), the home-... |
27.10.2021 | India: Avendus PE launches second credit fund with target corpus of $133m | Avendus PE Investment Advisors, the asset management arm of Avendus Group, on Wednesday announced the launch of its second structured credit fund with a target corpus of about $133 million (Rs 1,000 crore).
Avendus Structured Credit Fund II... |
27.10.2021 | Avendus PE launches second fund with $133 mn target corpus, to focus on larger firms | Avendus PE Investment Advisors, the asset management arm of Avendus Group, launched its second structured credit fund Avendus Structured Credit Fund II (ASCF–II) targeting a total corpus of Rs 1,000 crore (approximately $133 million), the h... |
27.08.2021 | Indian D2C brands thrive as VCs invest half a billion dollars since last year | India’s direct-to-consumer (D2C) brands are booming, with huge funding pouring into the sector. Between January 2020 and August 2021, VC firms have backed about 146 D2C brands, investing almost USD 500 million, said a report by local media ... |
20.08.2021 | India: KKR-backed Avendus secures first close of Future Leaders Fund II at $78m | Premium
Financial services firm Avendus on Thursday announced that it has achieved the first close of its Future Leaders Fund II with aggregate commitments of about $78 million (Rs 584 crore).
Continue reading this story with a subscription... |
20.08.2021 | India: KKR-backed Avendus secures first close of Future Leaders Fund II at $78m | Financial services firm Avendus on Thursday announced that it has achieved the first close of its Future Leaders Fund II with aggregate commitments of about $78 million (Rs 584 crore).
The fund, a Category-II AIF registered with Sebi, is ta... |
19.07.2021 | SoftBank-backed eyewear omnichannel retailer raises USD 220 million for global expansion | SoftBank-backed Indian omnichannel eyewear retailer Lenskart has landed a USD 220 million check from Singapore’s sovereign wealth fund Temasek and Falcon Edge Capital to accelerate its global expansion plans.
The new funding—a mix of primar... |
15.07.2021 | PUBG creator Krafton leads USD 48 million Series D round in local storytelling platform Pratilipi | South Korean gaming company Krafton, the creator of PUBG, has led a USD 48 million Series D funding round in Bengaluru-based online storytelling platform Pratilipi.
The six-year-old company’s existing backer Omidyar Network India also parti... |
09.07.2021 | Tiger Global leads USD 144 million round in social e-commerce startup DealShare | New York-headquartered hedge fund Tiger Global, which has pumped hundreds of millions of dollars into the Indian startup ecosystem in the first half of this year, is now betting big on the country’s rapidly growing social e-commerce space.
... |
23.03.2021 | Indian beauty e-retailer Purplle gives early investor a 22x return in latest funding | Online beauty marketplace Purplle has raised USD 45 million from Sequoia Capital and existing investors including Belgian investment firm Verlinvest and Indian venture capital companies Blume Ventures and JSW Ventures.
This funding round sa... |
12.03.2021 | Indian D2C beauty and personal care brands become a darling of VCs | Homegrown direct-to-consumer or D2C beauty and personal care brands are fast becoming a darling of investors in India.
D2C brands bypass the conventional method of multiple supply chain partners by marketing and selling products directly to... |
10.03.2021 | Mumbai based investment firm Blume Ventures raises INR 350 crore | Blume Ventures, a Mumbai based investment firm, announced early in March 2021 that it has raised Rs. 350 crore for its new secondary fund, Fund 1x, that was launched together with Avendus Capital. |
11.11.2019 | More Indians to get a make-over as beauty startups double their funding | Indians are warming up to raise their wellness and beauty quotient as investments in beauty startups more than doubled to USD 108 million till date in 2019, compared to USD 51 million in 2018.
According to a Venture Intelligence report, the... |
08.02.2019 | Avendus Capital launches $1b fund to invest in firms that promote ESG values | Premium
Financial services firm Avendus Capital on Thursday launched a $1-billion fund to invest solely in companies that promote environment, social, and governance (ESG) values.
Continue reading this story with a subscription to DealStree... |
05.11.2017 | India: Avendus Capital raises $152m funding led by Gaja Capital, KKR | Premium
Financial services and private equity firm Avendus Capital has raised Rs 980 crore ($151.7 million) in a funding round led by PE firms Gaja Capital and KKR.
Continue reading this story with a subscription to DealStreetAsia.
Subscrib... |
04.11.2017 | Avendus Capital bags $152 Mn funding to grow credit and asset management businesses | Financial services firm Avendus Capital has raised about $152 Mn (Rs 980 crore) in a round led by mid-market private equity firm Gaja Capital and global PE buyout specialist KKR.
With this investment, Yogesh Mahansaria—the former promoter o... |
12.12.2016 | India: Paras Healthcare looks to raise up to $60m from PE funds | Premium
Healthcare group Paras Healthcare, which runs Paras Hospitals in north India, has started talks with private equity (PE) funds to raise about Rs350-400 crore to finance expansion, two people aware of the matter said. The hospital ch... |
17.11.2015 | Avendus Capital Receives PE Investment from KKR | Avendus Capital, a Mumbai, India-based financial services firm providing customized solutions in the areas of financial advisory and wealth management, received an investment from private equity firm KKR.
KKR is making its investment from i... |
17.11.2015 | PE giant KKR invests $115m in India’s Avendus Capital for 72% stake | Premium
Alternative investment giant Kohlberg Kravis Roberts & Co Ltd (KKR) has invested $115 million in financial services firm Avendus Capital, according to a press release.
Continue reading this story with a subscription to DealStree... |
21.09.2015 | India: Private equity player KKR to acquire majority stake in investment bank Avendus Capital | Premium
US-based private equity group KKR is set to acquire a majority stake in Mumbai-based investment banking firm Avendus Capital for about $100 million, as per a report in The Economic Times.
Continue reading this story with a subscript... |
21.09.2015 | PE firm Eastgate Capital seeks exit from boutique investment bank Avendus | Premium
An existing institutional investor in Avendus Capital Pvt. Ltd is preparing to exit from the boutique investment bank, according to two people with knowledge of the matter.
Continue reading this story with a subscription to DealStre... |
23.09.2013 | Poor Sales In India Force Maps Provider Sygic To Release Navigation App For Free | App developers are struggling to make money in India because of low credit card penetration, according to Michael Stencl, CEO of maps provider Sygic, which has now dropped the $5.58 fee to download its GPS navigation app. As Indian Android ... |
04.03.2013 | Avendus PE launches third PIPE fund; eyes $94M corpus | Avendus PE Investment Advisors Pvt. Ltd., a subsidiary of Avendus Capital, on Monday launched its third PIPE (Private Investment in Public Enterprises) fund– Avendus India Opportunities Fund III with an expected size of Rs 500 crore ( $94 m... |
20.05.2011 | Avendus PE Closes Second Fund At Rs 200Cr | Avendus Private Equity Investment Advisors Pvt Ltd, the private equity arm of the leading investment bank Avendus Capital, has closed its second private equity fund at Rs 200 crore (under $50 million), a top official told VCCircle in an int... |
19.08.2008 | Avendus Gets Rs 100 Crore From Dubai’s Eastgate Capital | Even though the capital market is in turmoil, a Dubai based private equity fund has invested in an Indian institutional broking and investment banking firm. Mumbai-based Avendus Capital Pvt Ltd (earlier known as Avendus Advisors) has raised... |
- | Electric Vehicles This Week: Amended Motor Vehicle Rules To Boost EV & More | Infocus Electric Vehicles This Week
Inc42 brings the weekly briefing on India's budding electric vehicle industry. Get a rundown of the latest news, innovations, new launches, research & insights on the electric vehicles industry and th... |
- | Avendus Finance Launches $78.5 Mn Debt Fund; Prepares For First Close By August | Avendus Finance, the Avendus Capital-owned NBFC, has launched a $78.5 Mn (INR 500 Cr) debt fund. As per reports, the firm is looking to make its first close by the end of this month.
The fund will comprise a $39.25 Mn (INR 250 Cr) Avendus S... |
- | Entuple E-mobility Plans To Raise $3 Mn For Electric Powertrain Manufacturing Plant | Bengaluru-based electric vehicle components maker startup Entuple E-mobility is planning to raise $3-3.5 Mn (INR 22-25 Cr) of equity capital from various investors which will be utilised to set up the company’s 150,000-unit annual capacity ... |
- | Avendus Raises INR 584 Cr For Future Leaders Fund II | Boutique investment banking firm Avendus has announced the first close of its Future Leaders Fund II with an aggregate commitment of INR 584 Cr ($78.5 Mn).
The category-II AIF registered fund is targeting to raise INR 750 Cr with a green sh... |
- | Announcing The D2C Day 2.0: A Crash Course To Help D2C Brands Scale Up | India’s direct-to-consumer (D2C) businesses and brands have been soaring for the past year and half, and this year they have pressed foot on the accelerator in a major way. From first-time entrepreneurs to traditional brands looking to brin... |
- | Driverless Cars Not A Necessity At Present, Electric Vehicles More Essential: Union Minister Nitin Gadkari | Image Credits
In a recent media interaction, the Union Minister for Road Transport and Highways, Nitin Gadkari, stated that driverless cars are currently not a necessity in India. The need of the hour, according to him, are electric vehicle... |