Ridhima Saxena
Stories by Ridhima Saxena
Capital for PE funds in India seen drying up as LPs turn cautious
The reason for this cautious approach of investors is the turmoil they have seen in their public market portfolios.
Indian fintech startup NIRA raises $2.1m in pre-series A funding
It plans to use the funds to hire new talent, develop its product and technology further and scale up its lending volumes.
India’s Axis Bank to raise its stake in Max Life Insurance to 30%
The latest deal, once consummated, will value Max Life Insurance at around ₹5,667 crore.
India: Bira91 raises $30m led by Sequoia India, Sofina
Bira91 plans to use the funds to consolidate its leadership position in the beer market.
India’s markets regulator eases fundraising rules for share sales, rights issues
The Securities and Exchange Board of India (Sebi) has extended its period of approval for initial public offerings (IPOs) and rights issues by six mon
PE/VC investments in India likely to fall up to 60% this year
This year, Indian PE/VC investments are expected to fall between $19 billion and $26 billion.
Private equity firms see capital market bets go awry in India on account of virus
Global PE giants and homegrown funds have seen some of their bets in listed companies lose as much as half of their value.
Indian agtech startup DeHaat closes Sequoia-led $12m Series A
The round also saw the participation of existing investors Omnivore and AgFunder.
India: IndInfravit acquires Sadbhav’s road assets for about $900m
The acquisition is being made through a mix of cash payment and preferential issue of units of IndInfravit.
PE investors remain bullish on India amid coronavirus fears
The disruption caused by the virus outbreak could give rise to unanticipated opportunities for investors in the future.