Search Results for:Ishita Russell

India: The Moms Co raises $1m led by DSG Consumer, Saama Capital

The Mom Co had  last raised a seed round in March this year

India Digest: Temasek acquiring stake in Manipal Hospitals; Mitusbishi eyes stake in GreyOrange

While Temasek is reportedly acquiring True North’s stake in Manipal Hospitals, Mitusbishi is looking to pick up stake in GreyOrange Robotics. Temasek acquiring True North’s stake in Manipal Hospitals Singapore-based investment firm Temasek Holding has agreed to acquire existing private equity investor True North‘s 16 per cent stake in Manipal Hospitals in… Read more »

Singapore: Prestellar Ventures backs renewable energy firm ThirdWave Power

The fund plans to invest a total of $3 million into the Singapore-based energy firm

India Digest: Tata Tele shutdown; Bharati Defence sale; Asahi India stake sale

While Tata Group is considering winding down its telecom business, German Dry Docks Group is looking at a possible acquisition of Bharati Defence. Also, Japan’s Asahi Glass is planning to buy out Indian joint venture partner. Tata Group mulls winding down mobile services biz After failing to attract buyers, Tata Group chairman… Read more »

India Digest: Keventer, Jaiprakash Power stake sale; Kerala’s $78m fund-of-funds

Mandala Capital has acquired close around 15 per cent stake in Keventer Agro, while 11 suitors have lined up to acquire stake in Jaiprakash Power. Also, Kerala government is planning a $78 million fundof-funds. Mandala Capital acquires around 15% stake in Keventer Agro Singapore-based Mandala Capital has acquired around 15… Read more »

India Dealbook: GlowRoad raises $2m from Accel; Y Combinator backs Wheelstreet

Women-centric a customer-to-customer reseller network GlowRoad, has raised $2 million from Accel Partners, while motorbike rental marketplace Wheelstreet has received $120,000 funding from Y Combinator. GlowRoad raises $2m from Accel Partners Women-centric a customer-to-customer reseller network GlowRoad, has raised $2 million from Accel Partners in a series-A funding round, said a report… Read more »

Impact investments in India don’t mean lower returns for investors: McKinsey

Busting the myth that impact investing means lower returns, a recent report by McKinsey shows that impact investments in India have demonstrated an ability to employ capital sustainably while meeting the financial expectations for investors. This has resulted in impact investments in India topping $1 billion for the second year… Read more »

India Digest: Piramal Capital, APG may invest $300m in Mytrah; FSS eyes $220m funding

Mytrah Energy  is in the process of raising $300 million from Piramal Capital’s Structured Finance Group and Dutch partner APG Asset Management, while Financial Software and Systems (FSS) is looking to raise  around $220 million. Piramal Capital, APG likely to invest $300m in Mytrah Hyderabad-based renewable energy firm Mytrah Energy India is… Read more »

Exclusive: Indian VC Kae Capital crosses target for second fund, makes final close at $53m

About 60 per cent of the latest fund has been raised from domestic investors.

India Dealbook: Tech firm Sapience Analytics, healthcare services startup CallHealth raise funds

Credit Suisse Asset Management’s NEXT Investors has invested in Sapience Analytics Pvt Ltd, while healthcare services startup CallHealth Services  has raised $6.2 million led by former Indian cricketer Sachin Tendulkar. Credit Suisse’s fund invests in Sapience Analytics Credit Suisse Asset Management‘s NEXT Investors has invested an undisclosed amount in Pune-based people analytics… Read more »