#Private Equity

NeoGrowth raises Rs 85 crore from FMO, LeapFrog

TPG-backed NewQuest offloads more stake in Shadowfax via bulk deal

With the latest transaction, NewQuest has offloaded 2.85 crore Shadowfax shares since July.

Beams Fintech Fund leads Rs 215 crore investment in Business Nextgen Finance

The round also saw participation from Baring Private Equity India, Saison Capital Pte. Ltd. and UNLEASH, along with other investors.

Avendus invests Rs 140 crore in Parag Parikh Financial Advisory Services

The deal involved acquiring stakes from existing promoters, including Chairman and CEO Neil Parag Parikh and Wealth Management President Khushboo Joshi.

Money & Machines: Pricing Razorpay; Where is Indian PE in AI?

In this edition, we write on Razorpay’s valuation puzzle; and we explore why private equity firms remain cautious about backing India's AI startups.

Actis sells additional stake in Pine Labs worth Rs 371 crore

The latest sale comes just days after Actis offloaded another 0.86% stake in Pine Labs for about Rs 152 crore.

Novio nets Series A funding led by Cornerstone Ventures

The investment round also saw participation from Shepherd's Hill Private Equity, ESV-Arthya AIF, and Roots Ventures.

Unbox Robotics raises Series B funding round led by ICICI Venture

The deal comprises a mix of primary and secondary capital.

Why fintech NBFC IPOs are missing from the public market boom [Part-2]

Private market valuations, unsecured loan books and tighter regulation are forcing India's fintech lending companies to rethink their IPO plans…

Yubi raises fresh funding from EvolutionX Debt Capital, founder

Of the total funding, Gaurav Kumar, founder and CEO, Yubi, invested Rs 75 crore in his personal capacity.

General Atlantic doubles its PhonePe holding to 9% via $600 million secondary deal

The latest transaction has taken the private equity major's stake in PhonePe from 4.4% to 9%.

MSME lender Saarathi Finance raises Rs 350 crore in funding

TVS Capital Funds, Lok Capital, Evolvence Equity Partners, Paragon Partners, and other angels collectively invested about Rs 350 crore in the NBFCs.

InCred Alternatives close maiden PE fund at Rs 575 crore

The IGPF-I Fund has secured capital commitments in excess of Rs 575 crore, which is above its target size of Rs 500 crore, the company said.