Northern Arc Capital, a debt platform, on Tuesday announced that it has concluded a $50 million (about ₹365 crore) external commercial borrowing (ECB) transaction with the Japanese International Cooperation Agency...
L&T completes sale of hydro arm to ReNew
Larsen & Toubro Ltd (L&T) on Tuesday said it has concluded the divestment of its 100% stake in the 3 x 33 MW (99 MW) hydroelectric power plant at Singoli-Bhatwari in Uttarakhand. As per the terms, the EPC...
Carlyle preferred bidder for Mumbai-based Hexaware in $3-bn deal: Report
Global private equity firm Carlyle Group has emerged as the preferred bidder for Baring Private Equity Asia’s (BPEA) Indian portfolio Hexaware Technologies in a $3 billion deal, two people with knowledge of the...
Sports brand Elevar raises Rs19 cr in Series A funding
Sports brand Elevar on Monday said that it has raised ₹19 crore as a part of its Series A round of funding led by venture capital firm Kalaari Capital. Dream Capital, the venture capital arm of gaming unicorn Dream...
Baxter is in advanced talks to buy Hill-Rom for about $10 billion
Baxter International Inc. is in advanced talks to buy medical equipment maker Hill-Rom Holdings Inc. for around $10 billion, according to people familiar with the matter. A deal that values Hill-Rom at around $150 a...
Indiagold raises $12 mn from PayU, others
Indiagold, an alternative gold loan platform, has secured $12 million from PayU, the fintech arm of Prosus, and Alpha Wave Incubation fund, it said on Friday. Better Tomorrow Ventures, 3one4 Capital, Rainmatter Capital...
Everstone exiting Sahyadri Hospitals
Private equity firm Everstone has initiated the process to exit Sahyadri Hospitals two years after backing the institution. It is targeting an internal rate of return (IRR) of 50-60%. Private equity and venture capital...
Elda Health raises $1.5 million in seed funding
Holistic health platform for women Elda Health on Thursday said that it raised $1.5 million as a part of its seed funding round from Avaana Capital, Orios Ventures, and Ananth Narayanan Family office. According to the...
Sports edtech platform Sporjo raises $2 million in Pre-Series A funding
Sporjo, an online education, training and employability company focused on sports, on Thursday announced that it has raised $2 million ( ₹14 crore) in a Pre-Series A round led by private investor Punit Balan, chairman...
Belstar inks deal to raise ₹350 crore
Belstar Microfinance Ltd, a subsidiary of Muthoot Finance Ltd, on Wednesday said it has signed definitive agreements to raise Rs350 crore of equity capital from new investor Affirma Capital and existing investors...
Winvesta in talks to raise over $3 million in its pre-series A round
Neobank Winvesta has raised an undisclosed amount as part of its seed round from Speciale Invest, a seed-stage venture capital firm, Blume Founders Fund, and Kunal Shah. The company is also in talks with institutional...
D2C fashion brand Bewakoof raises ₹60 crore
Direct-to-customer (D2C) fashion brand Bewakoof.com has raised additional funding of ₹60 crore in a round led by Investcorp. IvyCap Ventures and Spring Marketing Capital have also participated in the round. Including...
