Venture Capital
The firm, now renamed as 100Unicorns, is targeting to raise $200 million.
India: Early-stage accelerator 9Unicorns rebrands, launches second fund
ChrysCapital investing up to $100m in Indian eye care chain Centre for Sight
Sea Ltd dives into losses in Q1 2024 despite strong revenue growth
Delivery Hero in $1.25b deal with Uber for foodpanda Taiwan sale, investment
KKR to take UK's IQGeo private in $396m deal to tap geospatial software market
More Stories
CVC Capital buys 10.4% stake in Indonesia’s Siloam International Hospitals for $240m
India: Multiples PE joins race to invest in furniture hardware firm Ebco
SE Asia Deal Review: Startup funding nosedives to record low of $227m in April
Haidilao hotpot restaurant operator Super Hi targets $1.38b valuation in US IPO
SG-listed CapitaLand expects 2025 to be a great vintage for Asia real assets
Private Equity
The deal is a combination of primary and secondary transactions.
People
Kapil Singhal, a managing partner at PE firm True North responsible for its private credit strategy, has reportedly stepped down.
Deals
Biorad Medisys manufactures and sells orthopaedic implants for knees and hips and surgical and consumables.
The investment will be in the form of a senior unsecured debt investment to support lending to women borrowers.
Blackstone and its partners are said to be eyeing 74-76% of the company, valuing it at $8-8.5b.
IPOs & Markets
SEBI is considering raising the minimum size of such public offers to Rs 300-500 million.
If negotiations fructify, Multiples will pick up a majority stake in the company.
The investment is expected to be used for constructing waste-to-energy projects.
The new funding is reportedly part of a larger financing round.