M Sriram

General Atlantic may sell stake in Indian analytics firm Mu Sigma to Carlyle, KKR

The stake is expected to be valued at at least $200 million, given that Mu Sigma entered the coveted unicorn club when Mastercard invested $45 million in February 2013.

India: Goldman Sachs unit set to lead $60m funding in Dailyhunt

The startup’s latest fundraise comes at a time when rival Helo, owned by China’s ByteDance, is on a spending spree as it looks to tap India’s internet consumer market.

South Korea’s Mirae Asset upbeat on the Indian venture space

The firm has so far invested in two home-grown startups—Shadowfax and Zolo Stays.

Zephyr Peacock India leads $7.7m funding round for Shiksha Finance

Shiksha provides student loans to parents of school-going children, and school loans to educational institutions.

NestAway in talks with Fosun, other Chinese investors for funding

Shunwei Capital, the venture capital firm founded by Xiaomi founder Lei Jun and Tuck Lye Koh, has also shown interest in backing NestAway’s latest funding round.

Avendus Capital launches $1b fund to invest in firms that promote ESG values

The Avendus India ESG Fund, housed under the company’s alternate asset management arm, will raise money from domestic and international investors.

India: Agrichem firm UPL open to buy back TPG Capital, ADIA  stakes in Arysta

Sovereign wealth fund ADIA and leading global alternative asset firm TPG have partnered UPL Corp.’s acquisition of Arysta, which closed on Monday.

India: Ankur Capital to use second fund for bigger, riskier bets

The fund, the second from Ankur Capital, is currently raising capital, following its first fund of ₹50 crore raised in 2016.

Minda Industries acquires telematics hardware biz of KPIT Engineering

Minda has acquired KPIT’s hardware products for school buses.

India: Roots Ventures invests in Supa Star Foods

Supa Star will use the funds to grow its distribution network and add more products.