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Streptrade marks first close of second SME-focussed fund

New Delhi, July 20 -- Indian asset manager Steptrade Capital said on Monday it has raised more than Rs 100 crore ($10.4 million) in commitments for its second alternative investment fund, hitting its ... Read More


Peak XV leads Neo Group's latest funding round

New Delhi, July 16 -- Indian wealth and asset management firm Neo Group has secured approximately Rs. 350 crore ($36.3 million) in a fresh funding round led by existing investor Peak XV Partners, the ... Read More


Fullerton's decarbonisation-focused PE fund strikes second India deal

New Delhi, July 14 -- Fullerton Carbon Action Fund, a private equity vehicle managed by Singapore-based Fullerton Fund Management that seeks to back mid-market companies pursuing decarbonisation strat... Read More


Premji Invest bets nearly $100 mn on I Squared-backed Cube Highways InvIT

New Delhi, July 14 -- Premji Invest, the family office of Wipro founder chairman and billionaire Azim Premji, has invested Rs 950 crore (about $100 million) in Cube Highways Trust ahead of the infrast... Read More


GIP-backed Aditya Birla Renewables to buy Shell's India green unit for $1.8 bn

New Delhi, July 13 -- Aditya Birla Renewables Ltd (ABRen), part of the diversified Aditya Birla Group, has agreed to acquire Sprng Energy, the Indian renewable energy platform owned by Shell Plc, at a... Read More


EAAA Alternatives wins $236 mn NHAI highway contract

New Delhi, July 13 -- EAAA Alternatives, the alternative asset management arm of Edelweiss Group, said Monday it has won a major national highway monetization contract in southern India from the Natio... Read More


Family office Daksham Capital plans VC fund, fresh funding for expansion

New Delhi, July 13 -- Daksham Capital, a multi-family office that was set up last October, is preparing to launch a venture capital (VC) fund. The move marks the young firm's clear ambition to expand ... Read More


Blackstone-backed Ventive Hospitality to acquire western India resort

New Delhi, July 9 -- Ventive Hospitality Ltd, a joint venture between private equity firm Blackstone and Pune-based developer Panchshil Realty Ltd, has struck a deal to acquire a resort property in th... Read More


South Korea's NH Investment to pick up stake in Choice Equity Broking

New Delhi, July 9 -- South Korean financial services firm NH Investment & Securities Co. Ltd has agreed to invest nearly Rs 900 crore ($94.3 million) in Choice Equity Broking Pvt Ltd (CEBPL), accordin... Read More


Austrian electronics parts maker AT&S ties up financing for India expansion

New Delhi, July 8 -- Austrian electronics parts maker AT&S Austria Technologie & Systemtechnik AG has tied up €15 million (around $17.1 million or Rs 163 crore) in financing from a marquee inter... Read More