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PE-backed Pine Labs and Hero Motors, MTR parent Orkla get SEBI nod for IPOs

New Delhi, Sept. 15 -- Fintech company Pine Labs, backed by venture capital firm Peak XV Partners and private equity firm Madison India Capital, has received approval from the Securities and Exchange ... Read More


Multi-family office Entrust names co-founder Sreepriya as CEO

New Delhi, Sept. 12 -- Entrust Family Office has named co-founder Sreepriya NS as its chief executive officer, the multi-family office said Friday. In her new role, Sreepriya will lead Entrust's next... Read More


Temasek-backed Prudent Corporate to buy Indus Capital's mutual fund distribution business

New Delhi, Sept. 10 -- Prudent Corporate Advisory, an independent distributor of wealth and insurance products backed by Singapore's Temasek, has inked a deal to acquire Indus Capital's mutual fund di... Read More


Centrum-backed Modulus Alts closes second India credit opportunities fund

New Delhi, Sept. 1 -- Private credit investor Modulus Alternatives has completed the final close of its second India Credit Opportunities Fund (ICOF II). The fund, which will focus on performing priv... Read More


Warburg-controlled Vistaar adds MO Alts, three other PE investors on cap table

New Delhi, Aug. 25 -- Vistaar Financial Services Pvt Ltd, a non-bank lender majority owned by private equity firm Warburg Pincus, has concluded a Rs 1,360 crore ($156 million) round of funding that in... Read More


Lightspeed, PremjiInvest lead $170 mn funding in Weaver Services

New Delhi, Aug. 19 -- Weaver Services, a housing finance company backed by private equity firm Gaja Capital and impact investor Lok Capital, said Tuesday it is raising $170 million (Rs 1,482 crore) in... Read More


Gaja Capital-backed Weaver Services set to raise funds, add new investors

New Delhi, Aug. 19 -- Weaver Services, backed by Gaja Capital and Lok Capital, is set to raise fresh capital and bring new investors on board. The fundraise comes amid reports that the non-bank lende... Read More


Alvarez & Marsal appoints ex Apollo exec Arpito Mukerji as MD

New Delhi, Aug. 13 -- US-based business management consultancy firm Alvarez & Marsal has appointed former Apollo Global Management executive Arpito Mukerji as the managing director within its financia... Read More


SMFG India Credit appoints veteran banker Ravi Narayanan as CEO

New Delhi, Aug. 13 -- SMFG India Credit has appointed former Axis Bank executive Ravi Narayanan as its chief executive officer with effect from August 28. Narayanan succeeds the former MD and CEO Sha... Read More


PE-backed Ummeed Housing snags $28 mn from offshore investor

New Delhi, Aug. 5 -- Gurugram-based Ummeed Housing Finance, which counts A91 Partners and Norwest Venture Partners as its investors, has secured debt capital from an overseas investor. The non-bankin... Read More