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Author: Deal Street Asia Online News
India: Mt. K Kapital raises about $60m to invest in real estate projectsThe fund is backed by marquee investors such as SBI, ICICI Bank, and Famy Care…
Mt. K Kapital has raised over Rs 500 crore (about $60 million) for its maiden fund from marquee investors such as SBI, ICICI Bank, and Famy Care, besides high networth individuals, per an announcement. A category II AIF registered with the Indian capital market regulator, Mt. K Resi Development Fund has already raked in over… Continue reading India: Mt. K Kapital raises about $60m to invest in real estate projectsThe fund is backed by marquee investors such as SBI, ICICI Bank, and Famy Care…
Whatfix raises $125m in Series E round led by Warburg PincusThe round was also participated by existing investor SoftBank Vision Fund 2.
SaaS-based digital adoption solution provider Whatfix on Wednesday said it has raised $125 million in a Series E round of funding led by Warburg Pincus. The round, which also saw participation from existing investor SoftBank Vision Fund 2, will enable Whatfix to expand its category leadership and enhance its integrated product suite through organic growth… Continue reading Whatfix raises $125m in Series E round led by Warburg PincusThe round was also participated by existing investor SoftBank Vision Fund 2.
India: Rigel Capital leads $25m funding in adtech startup AdOnMoThe latest financing follows AdOnMo’s $15m Series B in 2022.
AdOnMo, a digital advertising network, has secured $25 million in a funding round led by Rigel Capital, alongside existing investors, it announced on Wednesday. The latest financing follows AdOnMo’s $15-million Series B in 2022, which saw participation from food delivery giant Zomato. The company will use the fresh capital proceeds to expand its operations to… Continue reading India: Rigel Capital leads $25m funding in adtech startup AdOnMoThe latest financing follows AdOnMo’s $15m Series B in 2022.
Silicon Valley’s Tribe Capital, Oister Global to launch $500m secondary fund in IndiaTribe Capital has been so far investing in India through its thre…
US-based venture capital firm Tribe Capital, which has a dedicated India investment vehicle, has partnered with homegrown investment firm Oister Global to launch a new fund focused on secondary transactions in India. Together, Tribe Capital and Oister Global will invest $500 million in the next two years. The Indian secondary market has steadily become a… Continue reading Silicon Valley’s Tribe Capital, Oister Global to launch $500m secondary fund in IndiaTribe Capital has been so far investing in India through its thre…
India’s first AI unicorn Fractal said to weigh $500m IPOFractal may seek a valuation of at least $3.5 billion in the share sale.
Fractal Analytics, a provider of artificial intelligence services, is considering filing for an initial public offering in India as soon as November to raise $500 million, Bloomberg reported on Wednesday, citing people familiar with the matter. Fractal, known as India’s first AI unicorn, may seek a valuation of at least $3.5 billion in the share… Continue reading India’s first AI unicorn Fractal said to weigh $500m IPOFractal may seek a valuation of at least $3.5 billion in the share sale.
Indian market regulator greenlights Hyundai Motor India IPOThe automaker plans to raise $3 billion at a roughly $20 billion valuation.
Hyundai Motor India has obtained approval for its initial public offering from the Securities and Exchange Board of India, according to two sources familiar with the situation. The South Korean automaker plans to raise $3 billion at a roughly $20 billion valuation, sources previously told Reuters. This would make it the first carmaker to go… Continue reading Indian market regulator greenlights Hyundai Motor India IPOThe automaker plans to raise $3 billion at a roughly $20 billion valuation.
Warburg Pincus exits India’s CarTrade Tech in $45m share saleThe transaction was done through a bulk deal worth $44.86 million.
U.S.-based private equity firm Warburg Pincus’s unit sold its entire 8.6% stake in Indian automobile portal CarTrade Tech on Tuesday through a bulk deal worth 3.75 billion rupees ($44.86 million), according to NSE data. As of June 30, Warburg Pincus owned more than 4 million shares in CarTrade through its unit Highdell Investment, making it… Continue reading Warburg Pincus exits India’s CarTrade Tech in $45m share saleThe transaction was done through a bulk deal worth $44.86 million.
Macquarie to take minority stake in D.E. Shaw’s green energy arm for up to $1.73bThe investment shows strong demand from corporations and governments …
Macquarie Group’s asset management division is taking a minority stake in the green-energy arm of U.S. investor D.E. Shaw for an equity investment of as much as $1.73 billion, the Australian company said on Tuesday. The deal, subject to regulatory approvals, is being struck between funds managed by Macquarie Asset Management and D.E. Shaw Renewable… Continue reading Macquarie to take minority stake in D.E. Shaw’s green energy arm for up to $1.73bThe investment shows strong demand from corporations and governments …
Indian VCs adapt to market realities amid tightening investment landscapeInvestors shift focus from aggressive growth strategies to profitability and …
Indian venture capitalists are refreshing their investment strategies, shifting from aggressive growth strategies to a sustainable focus on profitability and strong governance, prioritising long-term value creation and transparency in response to market corrections and tighter funding environments, top industry executives said at DealStreetAsia’s Asia PE-VC Summit 2024 in Singapore last week. Go to Source