Ridhima Saxena
Stories by Ridhima Saxena
Sequoia-backed B2B marketplace Zetwerk in talks to raise $35m
Zetwerk last raised $9 million in a Series A round from Accel, Sequoia and Kae in March 2019.
Dutch FMO expects India portfolio to grow to $1.1b in 4 years
So far, FMO has invested about 703 million euros ($778 million) in India across 61 companies.
Bahrain’s Investcorp leads funding round in Indian online fashion retailer Bewakoof
Investcorp provided nearly 90% of funding in the latest round and would hold around 14% in Bewakoof.com, along with a seat on the board.
DP World launches accelerator platform for Indian logistics startups
The program will focus on digital technologies like block chain, artificial intelligence, robotics, simulators and internet of things.
India: State-owned Bank of Baroda to merge MF arm with BNP Paribas AMC
Once the merger consummates, BoB will hold a 50.1% stake in the resulting asset management company.
Edelweiss eyes first close of credit fund at up to $700m
ESOF III fund will invest in the performing credit space. It will not invest in real estate and distressed credit spaces.
Indian auto parts maker Minda acquires Germany’s Delvis
The deal will include two subsidiaries, Delvis Solution and Delvis Products.
JSW Energy in talks to buy GMR Kamalanga asset
The development comes as the GMR Group is monetizing its assets in road and power sectors to reduce its debt.
Centrum unit targets to raise $71m structured credit fund
The fund will provide debt to mid-sized firms in brick and mortar, consumption-led and core sectors of the economy.
Everstone Capital ropes in Temasek’s Vibhor Kumar Talreja as MD
Talreja worked as a director in the India team of Singapore's state investment arm Temasek.
