Everstone's Indospace slashes new fund size; CPPIB's exit; Plutus, HDFC Cap strike deals

Trouble viewing this email? [View in web browser](=/0/aHR0cHM6Ly9hc3NldHMudmNjaXJjbGUuY29tL25ld3NsZXR0ZXIvMjAyNC8wNC9kYWlseS92Y2MtZGFpbHktbmV3c2xldHRlci0yMDI0LTA0LTI0Lmh0bWw=/66291c4193c453ed248d668a-20240424) [VCCircle](=/1/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tLw==/66291c4193c453ed248d668a-20240424) Wednesday, 24 Apr 2024 =/2/aHR0cHM6Ly9mYW1pbHlvZmZpY2UudmNjaXJjbGUuY29tLw==/66291c4193c453ed248d668a-20240424 =/3/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2V2ZXJzdG9uZWJhY2tlZC1pbmRvc3BhY2Utc2xhc2hlcy1zaXplLW9mLW5ldy1sb2dpc3RpY3MtcmVhbC1lc3RhdGUtZnVuZA==/66291c4193c453ed248d668a-20240424 Private Equity [Everstone-backed IndoSpace slashes size of new logistics real estate fund](=/4/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2V2ZXJzdG9uZWJhY2tlZC1pbmRvc3BhY2Utc2xhc2hlcy1zaXplLW9mLW5ldy1sb2dpc3RpY3MtcmVhbC1lc3RhdGUtZnVuZA==/66291c4193c453ed248d668a-20240424) Warehousing and industrial real estate developer IndoSpace has wrapped up the process to secure capital commitments for its fourth fund, mopping up a ...... 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[Read more](=/7/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2NhbmFkaWFucGVuc2lvbi1mdW5kLWNwcGliLWNsb2Nrcy1leGl0LWZyb20taW5kaWEtcG9ydGZvbGlv/66291c4193c453ed248d668a-20240424) --------------------------------------------------------------- Private Equity [Plutus Wealth strikes fresh bet in local financial services player](=/8/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BsdXR1c3dlYWx0aC1zdHJpa2VzLWZyZXNoLWJldC1pbi1sb2NhbC1maW5hbmNpYWwtc2VydmljZXMtcGxheWVy/66291c4193c453ed248d668a-20240424) Homegrown mid and late-stage investor Plutus Wealth Management, a backer of Indian companies including Ami Organics, Accelya Solutions, Naza ...... [Read more](=/9/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BsdXR1c3dlYWx0aC1zdHJpa2VzLWZyZXNoLWJldC1pbi1sb2NhbC1maW5hbmNpYWwtc2VydmljZXMtcGxheWVy/66291c4193c453ed248d668a-20240424) --------------------------------------------------------------- Private Equity [Quona Capital taps offshore investor in LP-style bet for fourth vehicle](=/10/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3F1b25hY2FwaXRhbC10YXBzLW9mZnNob3JlLWludmVzdG9yLWluLWxwLXN0eWxlLWJldC1mb3ItZm91cnRoLXZlaGljbGU=/66291c4193c453ed248d668a-20240424) Fintech-focussed venture capital firm Quona Capital, which is an investor in several Indian startups including Onsurity, NeoGrowth, Rupifi, Arya, ...... [Read more](=/11/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3F1b25hY2FwaXRhbC10YXBzLW9mZnNob3JlLWludmVzdG9yLWluLWxwLXN0eWxlLWJldC1mb3ItZm91cnRoLXZlaGljbGU=/66291c4193c453ed248d668a-20240424) --------------------------------------------------------------- Private Equity [Spotlight: Capital Square Partners-controlled Aegis BPO is stuck in a time warp](=/12/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3Nwb3RsaWdodGNhcGl0YWwtc3F1YXJlLXBhcnRuZXJzLWNvbnRyb2xsZWQtYWVnaXMtYnBvLWlzLXN0dWNrLWluLWEtdGltZS13YXJw/66291c4193c453ed248d668a-20240424) When Capital Square Partner (CSP) led a consortium of private equity investors to seal a rare leveraged buyout in India, six and a half years ago, by ...... [Read more](=/13/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3Nwb3RsaWdodGNhcGl0YWwtc3F1YXJlLXBhcnRuZXJzLWNvbnRyb2xsZWQtYWVnaXMtYnBvLWlzLXN0dWNrLWluLWEtdGltZS13YXJw/66291c4193c453ed248d668a-20240424) --------------------------------------------------------------- =/14/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3JlYWx0eXBsYXllci1lbGRlY28tZ3JvdXAtYmFncy1mb2xsb3ctb24taW52ZXN0bWVudC1mcm9tLWhkZmMtY2FwaXRhbA==/66291c4193c453ed248d668a-20240424 Private Equity [Realty player Eldeco Group bags follow-on investment from HDFC Capital](=/15/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3JlYWx0eXBsYXllci1lbGRlY28tZ3JvdXAtYmFncy1mb2xsb3ctb24taW52ZXN0bWVudC1mcm9tLWhkZmMtY2FwaXRhbA==/66291c4193c453ed248d668a-20240424) North India-focussed real estate developer, Eldeco Group, which has built residential projects in Delhi, UP and Uttarakhand, amongst others, in north ...... [Read more](=/16/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3JlYWx0eXBsYXllci1lbGRlY28tZ3JvdXAtYmFncy1mb2xsb3ctb24taW52ZXN0bWVudC1mcm9tLWhkZmMtY2FwaXRhbA==/66291c4193c453ed248d668a-20240424) --------------------------------------------------------------- Venture Capital [LetsTransport raises $22 mn in Series E from Bertelsmann, others](=/17/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2xldHN0cmFuc3BvcnRyYWlzZXMtMjItbW4taW4tc2VyaWVzLWUtZnJvbS1iZXJ0ZWxzbWFubi1vdGhlcnM=/66291c4193c453ed248d668a-20240424) Trucking aggregator LetsTransport has raised $22 million in its Series E funding round, led by existing investors Bertelsmann India Investments. ...... 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[Read more](=/20/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2lwb2JvdW5kLW5iZmMtbm9ydGhlcm4tYXJjLXJhaXNlcy04MC1tbi1mcm9tLWlmYw==/66291c4193c453ed248d668a-20240424) --------------------------------------------------------------- Credit [Lendingkart ropes in former Paytm Payments Bank exec as Group CFO](=/21/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2xlbmRpbmdrYXJ0cm9wZXMtaW4tZm9ybWVyLXBheXRtLXBheW1lbnRzLWJhbmstZXhlYy1hcy1ncm91cC1jZm8=/66291c4193c453ed248d668a-20240424) India Quotient-backed lendingtech company Lendingkart, which primarily provides loans to micro, small and medium enterprises (MSMEs), has appointed ...... 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