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Agrim, Cashinvoice backer Accion Ventures raises new fund with India mandate

New Delhi, Sept. 9 -- Accion Venture Lab, the US-based social impact investor Accion's investment arm that focuses on early-stage investments, has closed its second early-stage fund that has an India ... Read More


Somerset Indus Capital Partners nears final close of third fund

New Delhi, Sept. 9 -- Healthcare-focused private equity firm Somerset Indus Capital Partners said Tuesday it is in the final stages of closing its third fund, which has a target corpus of around $250 ... Read More


African PE firm Vantage Capital exits Moroccan IT group after six years

New Delhi, Sept. 9 -- Vantage Capital, an Africa-focused mid-market fund manager, has exited its investment in a Moroccan information technology group after six years of investment. The Johannesburg-... Read More


ChrysCapital, InCred invest growth capital in Amber Group subsidiary

New Delhi, Sept. 8 -- ILJIN Electronics India Pvt. Ltd, the electronics division of Amber Group, has raised Rs 1,200 crore (around $136.2 million) from private equity firm ChrysCapital and InCred PE i... Read More


Trufrost & Butler, Misfits, Dectrocel raise funding

New Delhi, Sept. 8 -- Commercial refrigeration firm Trufrost & Butler, prebiotic soda brand Misfits, and medtech startup Dectrocel have secured funding in different funding rounds backed by private eq... Read More


Helios Investment Partners inks deal to acquire Telecom Egypt's data hub

New Delhi, Sept. 8 -- Helios Investment Partners, one of the largest private equity firms in Africa that manages assets worth over $3 billion, has agreed to acquire data centre assets of Egyptian tele... Read More


Chiripal Group's GREW Solar secures $34 mn from multiple investors

New Delhi, Sept. 8 -- GREW Solar, the solar photovoltaic (PV) module arm of Ahmedabad-based Chiripal Group, has raised Rs 300 crore ($34 million) from a group of high-net-worth individuals (HNIs), inc... Read More


Flipspaces adds global investors in extended Series C funding round

New Delhi, Sept. 8 -- Interior design and build firm Flipspaces has raised $50 million (around Rs 440 crore) in its expanded Series C funding round with fresh participation from the UAE-headquartered ... Read More


BlueFive Capital, Sidra Capital join hands for global Islamic-finance platform

New Delhi, Sept. 8 -- BlueFive Capital, an Abu Dhabi-based asset management firm that manages assets worth over $2.6 billion (around Rs 22,900 crore), has partnered with Saudi Arabia's multibillion do... Read More


South Africa's Old Mutual PE strikes second deal from Fund VI

New Delhi, Sept. 5 -- Old Mutual Private Equity (OMPE), the private equity investment arm of South Africa's financial services group Old Mutual, has struck a deal to acquire a pan-African private high... Read More