Swaraj Singh Dhanjal
Stories by Swaraj Singh Dhanjal
Payments firm Mobikwik gets Indian regulator’s approval for $253m IPO
The company can look to launch its IPO this month or early next month.
India: MSME focused lender Veritas Finance raises funding led by Norwest, Kedaara Capital
The lender provides business loans for self employed people and home construction loans for customers.
PE giant Blackstone to acquire visa processing firm VFS Global
EQT Private Equity will remain indirectly invested in the company with a minority position alongside Blackstone.
Indian AC manufacturer EPACK to raise $21m from ICICI Ventures
The company aims to increase its capacity to 2.6 million by end-2022.
India: Alteria Capital raises $243m for venture debt fund
The entire corpus of the second fund has been raised from domestic investors.
India: InnoVen Capital hits first close of new debt fund at $100m
The primary focus of the fund will be on sectors such as consumer internet, B2B commerce, enterprise software, fintech, health-tech, and logistics.
Indian SaaS startup Leena AI raises $30m from Bessemer, B Capital, others
This brings the company's total amount raised till date to $40 million.
KKR to sell $300m stake in India’s Max Healthcare
As of 30 June, KKR affiliate Kayak Investments held a 47.24% stake in Max Healthcare.
India: PE giant Carlyle to sell 3.4% stake in SBI Cards for $443m
CA Rover Holdings, a Carlyle entity, as of 30 June, held a 6.5% stake in the credit card issuer.
Cube Highways in talks with pension funds, SWFs to raise $1b
Singapore-based Cube Highways is backed by infrastructure investor I Squared Capital.
