Advertisements Private equity investor Bain Capital will sell a 1.24 per cent stake in private lender Axis Bank via a block trade today, which is expected to fetch the investor $410 million. As of 30 September, Bain Capital holds a… Read More ›
Professionals
LGT Group Ventures Into India’s Wealth Management Space
Advertisements LGT, a private banking and asset management group, announces that it intends to offer wealth management services to Indian clients through its subsidiary LGT Wealth India, in order to expand its Asian footprint. “Uniting our long-standing expertise in the management… Read More ›
MS Dhoni Invests In Plant Protein Startup
Advertisements The investment follows Shaka Harry’s $2 million seed funding round led by Better Bite Ventures, Blue Horizon, and Panthera Peak Ventures in July Liberate Foods, the company behind plant protein startup Shaka Harry, announces that former cricketer Mahendra Singh… Read More ›
Impact Of Falling Rupee On Funding And Valuation
Advertisements Most of the VC funding in India comes from funds denominated in dollars, with fund LPs assessing portfolio values and receiving eventual exit returns in dollars. As a result, any sharp movement in the INR-USD rate lowers portfolio values… Read More ›
IPO-Bound OYO Acquires Denmark’s Holiday Home Chain Bornholmske Feriehuse
Advertisements In line with its commitment to the ‘Invest in Denmark’ initiative, online hospitality major OYO has acquired Europe-based holiday homes operator Bornholmske Feriehuse, which aims to accelerate the growth of travel and tourism in the market. Bornholmske Feriehuse, which… Read More ›
SEBI Puts Biba Fashion IPO In ‘Abeyance’
Advertisements Capital markets regulator Sebi has kept in “abeyance” the proposed initial share sale of ethnic wear fashion label Biba Fashion. However, the Securities and Exchange Board of India (Sebi) did not clarify further. The company, which is backed by… Read More ›
28 Cos Secure Sebi’s Clearance To Float IPOs Worth INR 45,000-Cr In Apr-Jul FY23
Advertisements Sebi has given its nod to 28 companies to raise funds totalling Rs 45,000 crore through initial public offerings (IPOs) in April-July period of 2022-23 which has already seen 11 debutantes raising over Rs 33,000 crore. Among the firms… Read More ›
Fintech Platform BharatPe Appoints Nalin Negi As New CFO Amid IPO Plans
Advertisements Fintech platform BharatPe on Wednesday said it has appointed former SBI Card CFO Nalin Negi as its new chief financial officer, as it prepares for its initial public offering (IPO). In his new role, Negi will take charge of… Read More ›
Anirban Gupta Joins Colliers As Managing Director, East India To Drive Business Growth
Advertisements Leading diversified real estate professional services and investment management firm Colliers today announced the appointment of Anirban Gupta as the Managing Director, East India to drive the organization’s growth. With 20 years of experience, Anirban is an industry veteran… Read More ›
Furniture Retailer Pepperfry Rejigs Structure For IPO
Advertisements Furniture Retailer pepper fried has started reviewing its trading structure as it plans to debut on the Indian stock exchanges. For starters, founders Ambareesh Murty and Ashish Shah have re-domiciled Pepperfry from the Cayman Islands to Mumbai. They had… Read More ›