Pramugdha Mamgain

Correspondent & Content Specialist, India ​

PE firm TA Associates picks significant minority stake in India’s Indira IVF

The investment will help Indira IVF grow its operations in India and overseas organically and inorganically and offer additional clinical services.

India Digest: Lotus Herbals eyes stake sale; Anchor by Panasonic mulls acquisitions

Lotus Herbals is looking to divest 10-15 per cent stake to a private equity investor to fund acquisitions within the personal care segment.

India: Fitness startup CureFit eyes $75m funding from Accel, Chiratae Ventures

This financing could be part of a larger Series D round of $125-150 million expected to be raised later this year, with the participation of new investors.

India: Carpediem Capital invests $4m in Sindhuja Microcredit

The company will use the capital to increase its footprint in existing states and enter new territories.

Tripoto raises $3.6m from Orchid India, existing investors

The startup will use the funding proceeds to scale up the community and marketplace.

Naspers-owned PayU acquires US payments firm Wibmo for $70m

The deal will help PayU scale up its business in India, where Wibmo primarily operates, and accelerate its credit business.

DSG Consumer Partners, Japan’s AET fund invest in India’s Planet Superheroes

The funds raised will be used for expanding its retail footprint and distribution channels, optimising the supply chain and forging licensing partnerships.

IFC likely to extend $103m financing to India’s Visakha Container Terminals

VCTPL is a 74:26 JV between International Cargo Terminals & Infrastructure Pvt. Ltd. and Hindustan Ports Pvt Ltd.

India Dealbook: Medlife, Credy, Azah Personal Care raise funds; Sachin Bansal eyes microfin startup

The Flipkart co-founder is looking to acquire about 75 per cent stake in Chaitanya Rural Intermediation Development Services.

San Francisco-headquartered Airbnb invests $75m in Indian hospitality company OYO

While it is still unclear if the Series E funding round is over yet, OYO has reportedly mopped up nearly $1.1 billion in fresh capital in this round.