Search Results for:Pramugdha Mamgain

India Digest: Visa nears BillDesk deal; Emami picks Loli stake; Sequoia backs Metrobikes; Neev fund to wind up

The investment is likely to value BillDesk at around $1.5-2 billion.


Singapore Temasek to invest $250m in UST Global for 20% stake: Report

UST Global will use the proceeds for acquisitions to boost inorganic growth opportunities.


Matrix Partners China raises $750m for fifth venture capital fund

The fund saw participation from about 53 limited partners (LPs).


Actis begins raising $750m fund to buy StanChart PE’s Asia realty portfolio: Report

In March, StanChart PE reached a provisional agreement to sell its real estate investment unit to Actis, part of the British government’s development arm CDC.


India-focused Samara Capital plans to launch $550m buyout fund: Report

The PE firm plans to deploy major portion of the fund for buyout and control transactions.


Duty-free retailer Flemingo to buy PE investors’ stake post India unit IPO: Report

Samara Capital, Samena Capital from Middle-East, China Development Investment Bank, Albright Capital and Cartesian Capital Group from the US own 33% stake in Flemingo Travel.


Vectus Industries files draft IPO with Sebi; PE investor Creador to exit

Creador entity Latinia had invested about $16.7 million for a minority stake in Vectus in June 2014.


Belgian impact investor Incofin plans $80m India-focused fund: Report

The proposed India fund is seeking a 50-70 per cent contribution from international investors, and is likely to see the first close by Q1 2019.


SAARC Fund to back 80 social enterprises in 8 member nations

SAARC member states include Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka


Singapore’s GIC, Sequoia China invest $40m in Korean fintech startup Viva Republica

With this, the fintech app Toss parent has secured a total funding till date of $116 million.