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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


True North's private credit fund bets on Innova Rubbers, Vee Tee Auto

New Delhi, Oct. 29 -- Alternative investment firm True North said Wednesday it has invested Rs 360 crore ($40.8 million) in Innova Rubbers Pvt Ltd and Vee Tee Auto Manufacturing Company Pvt Ltd via it... Read More


General Atlantic-backed Rubicon Research jumps on trading debut after blockbuster IPO

New Delhi, Oct. 16 -- Rubicon Research Ltd made a spectacular stock market debut on Thursday with its shares listing at a premium of almost 28% to the initial public offering price as investors contin... Read More


Apollo Global-Tega Industries consortium to acquire Molycop for $1.5 bn

New Delhi, Sept. 10 -- New York-listed private equity firm Apollo Global has teamed up with Indian mining products maker Tega Industries to acquire US-based Molycop, a supplier in grinding media for t... Read More