Search Results for:Ishita Russell

SAIF Partners on road to raise $350m for new India-focused fund

New fund to take its assets under management in India to over $1 billion.

India Digest: Kirlosar Oil to buy La-Gajjar Machineries; Tech Mahindra to sell Pak unit

Kirloskar Oil Engines Ltd will acquire submersible pumpsets manufacturer La-Gajjar Machineries Pvt. Ltd, while Tech Mahindra has agreed to sell its unit, LCC Pakistan Pvt Ltd, for $5.2 million. Kirlosar Oil to acquire La-Gajjar Machineries Diesel engines and generator sets manufacturer Kirloskar Oil Engines Ltd said it will acquire Gujarat-based submersible pumpsets… Read more »

India: Mswipe raises $31m led by UCRNT Fund, Axis Bank exits

The funding round is likely to have valued the firm at around $200 million.

India Digest: ABB eyes L&T’s automation biz; Shriram commercial realty, Innov8 funding

ABB is in talks to acquire L&T’s electrical and automation division, while Shriram Properties is looking to raise $116 million to foray into commercial realty. Also, co-working space firm Innov8 is looking to raise $15 million. ABB in talks to buy L&T’s electrical & automation division ABB is in talks… Read more »

Aavishkaar makes second investment in Sri Lanka, backs Grasshoppers

Aavishkaar had earlier invested in Sri Lankan firm Ma’s Tropical Foods.

India: HR tech startup Darwinbox raises $4m from Lightspeed, others

Darwinbox, a human resources software-as-a-service (SaaS) startup, has raised $4 million in a Series A funding round led by Lightspeed India Partners. Existing investors including Endiya Partners, Mohandas Pai’s 3one4 Capital and StartupXseed Ventures also participated in the round. The Hyderabad-based startup plans to use the funds raised for product… Read more »

India: Temasek-backed InnoVen Capital sees two top execs quit to launch own fund

Temasek has roped in an executive search firm to look for replacements.

India Digest: INDASDA may buy Moshe’s; Kedaara to trim stake via Mahindra Logistics IPO, Janalakshmi Fin funding

New Silk Route is likely to sell Moshe’s Fine Foods to INDASDA Group, while Kedaara Capital is looking to sell part of its stake in Mahindra Logistics through the company’s IPO. Also, Janalakshmi Financial is in talks to raise funds. NSR likely to sell Moshe’s Fine Foods to INDASDA Group Private equity… Read more »

India: Lighthouse Funds leads $6.8m series B funding in Wow! Momo

The company is now going national and might possibly even go overseas.

India: Kotak Realty Fund plans to raise $100m for affordable housing investments

Last year, Kotak Realty had raised $250 million to invest in residential projects.