Ridhima Saxena
Stories by Ridhima Saxena
India’s Svasti Microfinance secures $10m from clutch of investors
Existing investors Adar Poonawalla, the Patni family and Nordic Microfinance Initiative backed the round.
India’s IAN closes maiden venture capital fund at $52.8m
The fund was backed by IIFL Holdings, Yes Bank, Max India, impact investment firm Gray Matters Capital and Hyundai.
India: Fundraising by PE, VC investors in January-September at five-year high
Thirty per cent of all investment-grade securities bore sub-zero yields.
Abu Dhabi’s Masdar to buy minority stake in India’s Hero Future Energies
The Masdar-Hero deal marks a rare entry of a new growth equity investor in an Indian renewable energy producer in recent times.
India: Blackstone acquires 37.5% stake in Aakash Educational Services
The deal is likely valued at over $500 million.
Global e-commerce giant Amazon invests $631m in India business
The investment comes at a time when the Jeff Bezos-owned e-commerce giant’s India business cut its losses.
India: B2B fintech startups surpass B2C counterparts in 2019 fundraising
Razorpay has so far raised $75 mn in 2019, emerging as the highest funded B2B fintech startup for the calendar year.
Private equity exits in India seen to slow down in 2019
PE exits have dropped by 70% so far this year amid volatile market.
Investors eye Indian social e-commerce startups targeting new internet users
Social e-commerce startups have raised $157 million from venture investors this year.
Advent-backed Manjushree Technopack plans to fast track growth via M&A
Manjushree plans to add ₹1,000 crore worth of sales through acquisitions in the next four years.
