Ashwin Ramarathinam
Stories by Ashwin Ramarathinam
India: PE firm Advent International exits Crompton Greaves
Advent sold 5.36% stake in the company for Rs 1348 crore in block deals on the stock exchange.
AI-powered Indian logistics platform Shyplite raises $1m from N+1 Capital
Funds will be used to enter segments like fulfilment centres and hyperlocal deliveries.
India: Investment firm Egreens sets up fund for agritech startups
The company has already invested Rs15 crore in its own venture VegEase.
India: Patni family office, Baring Private Equity to back PG Electroplast
Funds will be used by PG Electroplast to expand its plant situated in Pune and establish a new plant in Greater Noida.
Baring PE Asia sells 5.12% stake in Indian IT services firm Coforge for $137m
Hulst BV, an entity controlled by Baring, sold 31 lakh shares, showed stock exchange data.
Indian fintech startup BankSathi raises $200,000 seed funding from angel investors
Funds will be used for product development, team building, and executing marketing and growth plans.
Pizza Hut operator Devyani International files for $191m IPO
The offer comprises a fresh issue of ₹400 crore and an offer of sale of up to 125.33 million equity shares.
General Atlantic-backed KFintech buys 17% in Indian insurtech startup Artivatic.ai
KFintech is looking to diversify beyond registry services to mutual funds, corporates, and pensions.
Baring PE Asia offloads 3.14% stake in IT services firm Coforge for $84m
Baring PE Asia entity Hulst BV held a 63.99% stake in Coforge.
Indian agri-focused lender NAFA raises $50m through equity and ECB
The round saw the participation of Phoenix Group and Cogito Capital.
