ChrysCapital, Everstone make exit moves; mCaffeine eyes fresh funding; Mubadala makes twin bets

Trouble viewing this email? [View in web browser](/6602e4e493c453ed24fd29a1-20240326) [VCCircle](=/6602e4e493c453ed24fd29a1-20240326) Tuesday, 26 Mar 2024 =/6602e4e493c453ed24fd29a1-20240326 /6602e4e493c453ed24fd29a1-20240326 Private Equity [ChrysCapital seals over $800-mn PE exit](/6602e4e493c453ed24fd29a1-20240326) ChrysCapital, which hit the milestone of raising the largest-ever sector-agnostic private equity fund focused on India two years ago and was among ...... [Read more](/6602e4e493c453ed24fd29a1-20240326) --------------------------------------------------------------- Private Equity [Everstone moves to exit legacy industrials bet with poor returns](=/6602e4e493c453ed24fd29a1-20240326) Private equity firm Everstone Capital has clocked a partial exit from an Indian company and is moving to fully monetise the 16-year-old investment ...... [Read more](=/6602e4e493c453ed24fd29a1-20240326) --------------------------------------------------------------- Private Equity [Eyes on fresh funds, PE-backed mCaffeine aims to turn EBITDA positive soon](=/6602e4e493c453ed24fd29a1-20240326) Personal care brand mCaffeine, which is set to hit the road for fresh funds soon, is eyeing to turn profitable at the operational or EBITDA (earnings ...... [Read more](=/6602e4e493c453ed24fd29a1-20240326) --------------------------------------------------------------- /6602e4e493c453ed24fd29a1-20240326 Private Equity [Mubadala leads $120-mn funding in education-focused NBFC Avanse](/6602e4e493c453ed24fd29a1-20240326) Avanse Financial Services Ltd, an education-focused non-banking financial company (NBFC), Tuesday said it has raised Rs 1,000 crore (around $120 ...... [Read more](/6602e4e493c453ed24fd29a1-20240326) --------------------------------------------------------------- Private Equity [Mubadala acquiring Afro-Indian pharma platform in landmark PE exit for DPI, others]( Abu Dhabi’s sovereign investor Mubadala Investment Company, which manages assets worth $276 billion in more than 50 countries, is set to acquire a ...... [Read more]( --------------------------------------------------------------- Private Equity [Ambit Group's NBFC arm raises $82 mn in round led by Daiwa Securities](/6602e4e493c453ed24fd29a1-20240326) Lending platform Ambit Finvest Pvt. Ltd, which is the non-banking financial company (NBFC) arm of the Ambit Group, said it is raising Rs 410 crore (...... [Read more](/6602e4e493c453ed24fd29a1-20240326) --------------------------------------------------------------- Venture Capital [Zerodha’s Nikhil Kamath, Kalaari Capital, NABVENTURES make startup bets]( Speciality coffee brand Subko, real estate management platform Aeria, logistics startup JustDeliveries, footwear company Kaarigar Mandi and crypto ...... [Read more]( --------------------------------------------------------------- Private Equity [Axis PE's Patni on its third fund strategy, choosing PE over VC in equity and more]( Asset manager Axis AMC's private equity vertical Axis PE, which has backed some marquee names like Lenskart, National Stock Exchange, SBI General ...... [Read more]( --------------------------------------------------------------- M&A [Adani Ports to buy 95% of Odisha's Gopalpur Port for $162 mn](=/6602e4e493c453ed24fd29a1-20240326) India's largest private port operator Adani Ports and Special Economic Zone said on Tuesday it will buy a 95% stake in Odisha's Gopalpur Port ...... [Read more](=/6602e4e493c453ed24fd29a1-20240326) --------------------------------------------------------------- Startups [Catamaran-backed Innoviti gets payment aggregator licence]( Payments-centric retail SaaS platform Innoviti has received the final authorisation from the Reserve Bank of India (RBI) to operate as an online ...... [Read more]( --------------------------------------------------------------- Markets [Why consumer firms are lagging benchmark indexes in India's sizzling stock market]( The yawning divide between the super-rich and middle-class in India's booming economy is set to persist, if the "underperformance" of consumer ...... [Read more]( --------------------------------------------------------------- Private Equity [Asia private equity transactions fall to lowest in a decade](/6602e4e493c453ed24fd29a1-20240326) Private equity-backed mergers and acquisitions in Asia are set for their worst start to the year in nearly a decade, as a lull in dealmaking in China ...... [Read more](/6602e4e493c453ed24fd29a1-20240326) --------------------------------------------------------------- Credit [Thailand's Gulf Energy set to get key backer for $1-bn solar power project](=/6602e4e493c453ed24fd29a1-20240326) Gulf Energy Development Public Company Ltd, one of Thailand’s largest private power producers, is set to bring on board a key financial backer as it...... [Read more](=/6602e4e493c453ed24fd29a1-20240326) --------------------------------------------------------------- General [Grapevine: Meesho set to snap up $300 mn; Carlyle weighs options for Hexaware](/6602e4e493c453ed24fd29a1-20240326) E-commerce platform Meesho is set to secure a $300-million (Rs 2,500 crore) investment from Tiger Global, SoftBank and others, a media report said....... [Read more](/6602e4e493c453ed24fd29a1-20240326) --------------------------------------------------------------- [VCCircle](=/6602e4e493c453ed24fd29a1-20240326) [Privacy Policy](=/6602e4e493c453ed24fd29a1-20240326) | [Contact us](/6602e4e493c453ed24fd29a1-20240326) --------------------------------------------------------------- Download the VCCircle app and read premium stories [alt_text](=/6602e4e493c453ed24fd29a1-20240326) [alt_text]( --------------------------------------------------------------- Newsletters sent by newsletter@vccircle.co & Powered by Copyright © HT Digital Streams. 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