Private Equity
ICICI Pru is also awaiting the nod to buy ICICI Ventures as part of its PE expansion.
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Paramount makes $108b bid for Warner Bros with backing from Saudi, Qatar
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SoftBank, Nvidia in talks to back Skild AI at $14b valuation: report
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Chinese firms committed $80b to overseas cleantech investments in past year: report
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Indonesia online ticketing app Tix.id lays off nearly 50% staff
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India's ICICI Prudential AMC plans acquisition in PE space, says CEO
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Singapore’s Ikhlas Capital nears Fund II close with major state backing
Navis Capital Partners said to near final close of private credit fund
Malaysia’s multi-billion-ringgit efforts to help build a resilient ecosystem: Khazanah
US-based Accel, Japan’s TDK Ventures eye funding in Indian spacetech firm
SoftBank in talks to buy DigitalBridge
Deals
The promoter family continues to retain a controlling stake in the company.
The investment could peg the valuation of the startup at about $60m.
IPOs & Markets
It plans to sell 49 million shares in the IPO.
Advent had emerged as the frontrunner to acquire a 31% stake in Whirlpool of India.
The bids include $270m raised from anchor investors.
The new funds will help Ultraviolette scale production of its two current models.
Analysis
Global managers are launching dedicated funds to tap into India’s growth story.
The transaction will see EQT become the majority investor in PropertyMe.
Venture Capital
The firm said most of the LPs in Nexus VIII are returning investors from its earlier funds.
