Venture Capital
Other investors in Superplum include Mark Siegel, Dan Rose, Steve Jurvetson, and Binny Bansal, among others.
Octopus Energy's valuation rises to $9b after CPPIB, Generation Investment raise stake
PE firms weigh potential buyout of NY-based fitness company Peloton
CICC, Citic, JPMorgan slash investment banking jobs in China as deals stall
Former Dallas Fed chief Kaplan named Goldman Sachs vice chairman
India Digest: Parseable, Superplum, Cornext raise funding
More Stories
CVC-led group to buy 65% stake in Lippo-backed hospital chain Siloam for around $1.6b
Jungle Ventures looking to dig into SE Asia’s F&B sector with Yay! Group investment
Sale process of Malaysia’s Island Hospital by PE firm Affinity draws investors
Singapore co-working laboratory provider NSG BioLabs raises $14.5m
Troubled crypto platform Zipmex appoints liquidator to wind up operations
Private Equity
Launched late last year, the fund garnered capital commitments of over $39m in the first close.
PE investments in India touched a six-year low at $24b in the financial year ended March 2024.
Analysis
Banks have stopped lending to IIFL Finance’s gold and other businesses.
NephroPlus operates dialysis centres mainly in India, the Philippines and Uzbekistan.
Deals
The transaction could be valued at as much as $1b, Bloomberg reported.
Another investor from Singapore is also in the fray to back the startup’s over $60m round.
Nearly 44 of the 183 companies that listed since 2021 are trading below their offer price.
The larger National Stock Exchange of India and its older rival BSE are wrestling for dominance in derivatives.
Policy & Regulations
The notice includes the flagship Adani Enterprises.