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Parth Jindal-backed Centre Court Capital closes maiden fund above target

New Delhi, Dec. 9 -- Centre Court Capital has closed its maiden fund at Rs 410 crore ($45.5 million), above the original target of Rs 350 crore set earlier this year, with strong interest from domesti... Read More


SEBI spots "serious lapse" in Samena's investment in Ugro Capital, slaps fine

New Delhi, Dec. 9 -- The Securities and Exchange Board of India has slapped a fine on special situations-focused private equity firm Samena Capital after finding that it violated rules governing forei... Read More


TPG-backed fintech platform Fibe bags $35 mn cheque from IFC

New Delhi, Dec. 9 -- Fintech platform Fibe has raised $35 million (Rs 314 crore) from the International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, in its Ser... Read More


InCred Capital appoints Sanjay Singh as investment banking head

New Delhi, Dec. 9 -- InCred Capital, the investment banking arm of diversified financial services firm InCred Group, has appointed Sanjay Singh as head of investment banking. Singh will lead coverage... Read More


Khaitan & Co ropes in ex-McKinsey global strategy chief as COO

New Delhi, Dec. 9 -- Full-service law firm Khaitan & Co has appointed Dr. Vimal Choudhary as Chief Operating Officer to lead its internal operations and drive strategic transformation, the firm said i... Read More


Blacksoil Capital raises $7.2 mn from FMO, Caspian founder

New Delhi, Dec. 9 -- BlackSoil Capital has received an equity infusion of Rs 65 Crore (around $7.2 million) from Dutch entrepreneurial development bank FMO, and Caspian Debt founder Viswanatha Prasad.... Read More


Macquarie Asset appoints former Avendus exec Jhawar as India real assets head

New Delhi, Dec. 8 -- Macquarie Asset Management has appointed former Avendus executive Prateek Jhawar as head of real assets in India. Jhawar will take charge in January, the company said in a press ... Read More


Creador buys into La Renon as Peak XV makes a partial exit

New Delhi, Dec. 8 -- Private equity firm Creador said Monday it has acquired a 7% stake in Ahmedabad-based La Renon Healthcare Pvt Ltd from the pharmaceutical company's promoter and existing venture c... Read More


SSO, Conscious Chemist, Lumov, others raise fresh capital

New Delhi, Dec. 8 -- Cancer treatment hospital chain Specialty Surgical Oncology Hospital (SSO), direct-to-consumer (D2C) cosmetics brand Conscious Chemist, healthtech startup Lumov, fintech platform ... Read More


Areion Asset marks first close of special situations fund

New Delhi, Dec. 8 -- Areion Asset Management, the alternative investment fund (AIF) arm of Areion Group, has completed the first close of Scheme IV under its Category I Special Situation Fund. The fu... Read More