Exclusive

Publication

Byline

Location

Advent International to invest $305 mn in Aditya Birla Housing

New Delhi, Feb. 3 -- Private equity firm Advent International will invest Rs 2,750 crore (about $305 million) in Aditya Birla Housing Finance Ltd, the mortgage lending arm of Aditya Birla Capital Ltd.... Read More


Credila backer EQT secures $14 bn for new Asia fund, set to hit hard cap

New Delhi, Jan. 23 -- Swedish buyout firm EQT, which acquired Baring Private Equity Asia in 2022, has secured capital commitments of $14 billion from its limited partners for its latest Asia-focussed ... Read More


Walmart to pare stake in PhonePe IPO; Tiger Global, Microsoft to fully exit

New Delhi, Jan. 22 -- US retailer Walmart will trim its stake in PhonePe via the Indian digital payments company's upcoming initial public offering while Tiger Global and Microsoft will sell their ent... Read More


Warburg to buy APG's stake in Lemon Tree unit, commits another $106 mn

New Delhi, Jan. 10 -- US-based private equity firm Warburg Pincus will acquire Dutch pension fund APG's stake in a unit of Lemon Tree Hotels Ltd and has committed another Rs 960 crore ($106.2 million)... Read More


FirstCry parent inks M&A; Aurobindo Pharma, Info Edge to up stake in existing bets

New Delhi, Dec. 23 -- Brainbees Solutions, the parent of babycare brand FirstCry, is set to acquire hygiene products maker KA Hygiene through a share-swap arrangement. Meanwhile, Aurobindo Pharma and ... Read More


ChrysCap-backed Corona Remedies nears $1 bn valuation after blockbuster debut

New Delhi, Dec. 15 -- Corona Remedies Ltd made a spectacular stock market debut on Monday with shares of the drugmaker that counts private equity firm ChrysCapital as an investor listing at a premium ... Read More


Shell Ventures-backed Husk Power seeks $400 mn for expansion in India, Africa

New Delhi, Nov. 25 -- Husk Power Systems Inc., a US-headquartered company that builds mini solar grids mainly in India and Nigeria, said Tuesday it has kicked off its Series E round of fundraising to ... Read More


Apollo Global-backed Tenneco Clean Air soars on debut after blockbuster IPO

New Delhi, Nov. 19 -- Tenneco Clean Air India Ltd, an auto components supplier controlled by US-based private equity firm Apollo Global Management, made a strong trading debut on Wednesday after a Rs ... Read More


Ascertis hits first close of new private credit fund at $520 mn

New Delhi, Nov. 18 -- Ascertis Credit, the private credit investor formerly known as BPEA Credit, said Tuesday it has marked the first close of its fourth fund after raising $520 million (about Rs 4,6... Read More


Snapdeal parent, Plutus and Mohandas Pai FO-backed firms get SEBI nod for IPOs

New Delhi, Nov. 17 -- AceVector Ltd, the parent of ecommerce platform Snapdeal, and two companies that count well-known individual investors and family offices as investors have received regulatory ap... Read More