Vibhuti Sharma
Stories by Vibhuti Sharma
India Digest: Gulf Capital exits Kuiper Group; ITC increases stake in Mother Sparsh
Asian Energy Services acquired Kuiper Group.
Stashfin’s parent swings to profit in FY24 as interest income triples
Revenue for the group more than doubled to $100.3m from $42m in FY23.
Warburg Pincus, ADIA to invest $877m in India’s IDFC First Bank
The infusion will boost the bank’s capital adequacy ratio from 16.1% to 18.9%.
SEBI order against Gensol raises uneasy questions for India’s startups, investors
At the centre of the fallout is BluSmart, co-founded by Gensol promoters.
India’s KFin Technologies to acquire 51% stake in SG-based Ascent Fund for $34.7m
The acquisition will give KFin immediate scale and regulatory access to international markets.
India Digest: Garuda Aerospace, Jewelbox, Ofbusiness raise funds
Garuda Aerospace has raised $11.6 million in its Series B funding round.
Alpha Wave said to be circling Carlyle’s 24% stake in India’s Nxtra: Report
Bharti Airtel owns a majority 75.96% stake in Nxtra Data.
India: Licious backer 3one4 Capital enters logistics space with Xindus funding
The cross-border logistics firm has raised $10 million in its Series A funding round.
Investcorp’s $5b India strategy slows down as market reality hits home
The Mubadala-backed firm's most recent investment was over a year ago.
India’s InCred closes maiden PE fund at $67m
The fund has backed Manjushree Technopack, Shadowfax, Niva Bupa and Purplle.
