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C4D Partners tweaks timeline for India fund; Botanic Healthcare eyes PE funding; Fibe gets a big cheque

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Wed, Jun 5, 2024 03:04 PM

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Trouble viewing this email? [View in web browser](=/0/aHR0cHM6Ly9hc3NldHMudmNjaXJjbGUuY29tL25ld3NsZXR0ZXIvMjAyNC8wNi9kYWlseS92Y2MtZGFpbHktbmV3c2xldHRlci0yMDI0LTA2LTA1Lmh0bWw=/66606f8a251525baa32aca56-20240605) [VCCircle](=/1/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tLw==/66606f8a251525baa32aca56-20240605) Wednesday, 5 Jun 2024 =/2/aHR0cHM6Ly9mYW1pbHlvZmZpY2UudmNjaXJjbGUuY29tLw==/66606f8a251525baa32aca56-20240605 =/3/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2M0ZHBhcnRuZXJzLWNoYW5nZXMtdGltZWxpbmUtZm9yLWluZGlhLWZvY3VzZWQtZnVuZA==/66606f8a251525baa32aca56-20240605 Venture Capital [C4D Partners changes timeline for India-focused fund](=/4/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2M0ZHBhcnRuZXJzLWNoYW5nZXMtdGltZWxpbmUtZm9yLWluZGlhLWZvY3VzZWQtZnVuZA==/66606f8a251525baa32aca56-20240605) Impact investment firm Capital 4 Development (C4D) Partners has revised the timeline for making the first close of its maiden India-focused fund. The...... [Read more](=/5/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2M0ZHBhcnRuZXJzLWNoYW5nZXMtdGltZWxpbmUtZm9yLWluZGlhLWZvY3VzZWQtZnVuZA==/66606f8a251525baa32aca56-20240605) --------------------------------------------------------------- Private Equity [Botanic Healthcare in talks with PE firms to pick up funding cheque](=/6/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JvdGFuaWNoZWFsdGhjYXJlLWluLXRhbGtzLXdpdGgtcGUtZmlybXMtdG8tcGljay11cC1mdW5kaW5nLWNoZXF1ZQ==/66606f8a251525baa32aca56-20240605) Botanic Healthcare Pvt. Ltd, a business-to-business supplier of herbal extracts, essential oils and plant vitamins, is in advanced stages of ...... [Read more](=/7/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JvdGFuaWNoZWFsdGhjYXJlLWluLXRhbGtzLXdpdGgtcGUtZmlybXMtdG8tcGljay11cC1mdW5kaW5nLWNoZXF1ZQ==/66606f8a251525baa32aca56-20240605) --------------------------------------------------------------- Private Equity [Quadria Capital waives buyback right to exit Indian drugmaker](=/8/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3F1YWRyaWFjYXBpdGFsLXdhaXZlcy1idXliYWNrLXJpZ2h0LXRvLWV4aXQtaW5kaWFuLWRydWdtYWtlcg==/66606f8a251525baa32aca56-20240605) Singapore- and Delhi-based private equity firm Quadria Capital, which is on the road to raise up to $1 billion for its third fund, has waived its ...... [Read more](=/9/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3F1YWRyaWFjYXBpdGFsLXdhaXZlcy1idXliYWNrLXJpZ2h0LXRvLWV4aXQtaW5kaWFuLWRydWdtYWtlcg==/66606f8a251525baa32aca56-20240605) --------------------------------------------------------------- =/10/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2RpZ2l0YWxsZW5kZXItZmliZS1nZXRzLXNlcmllcy1lLWNoZXF1ZS1mcm9tLXRyLWNhcGl0YWwtb3RoZXJz/66606f8a251525baa32aca56-20240605 Venture Capital [Digital lender Fibe gets Series E cheque from TR Capital, others](=/11/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2RpZ2l0YWxsZW5kZXItZmliZS1nZXRzLXNlcmllcy1lLWNoZXF1ZS1mcm9tLXRyLWNhcGl0YWwtb3RoZXJz/66606f8a251525baa32aca56-20240605) Lendingtech startup Fibe (erstwhile EarlySalary) said Wednesday it has raised Series E funding in a round led by private equity firms TR Capital and ...... [Read more](=/12/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2RpZ2l0YWxsZW5kZXItZmliZS1nZXRzLXNlcmllcy1lLWNoZXF1ZS1mcm9tLXRyLWNhcGl0YWwtb3RoZXJz/66606f8a251525baa32aca56-20240605) --------------------------------------------------------------- Credit [Florintree-backed Satin Creditcare raising $40 mn from offshore investor](=/13/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2Zsb3JpbnRyZWViYWNrZWQtc2F0aW4tY3JlZGl0Y2FyZS1yYWlzaW5nLTQwLW1uLWZyb20tb2Zmc2hvcmUtaW52ZXN0b3I=/66606f8a251525baa32aca56-20240605) Gurugram-based microfinance lender Satin Creditcare Network Ltd is raising up to Rs 332 crore ($40 million) in fresh capital from a marquee global ...... [Read more](=/14/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2Zsb3JpbnRyZWViYWNrZWQtc2F0aW4tY3JlZGl0Y2FyZS1yYWlzaW5nLTQwLW1uLWZyb20tb2Zmc2hvcmUtaW52ZXN0b3I=/66606f8a251525baa32aca56-20240605) --------------------------------------------------------------- People [Fairfax-backed IIFL Securities hires three top execs from Blackstone-backed firm](=/15/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2ZhaXJmYXhiYWNrZWQtaWlmbC1zZWN1cml0aWVzLWhpcmVzLXRocmVlLXRvcC1leGVjcy1mcm9tLWJsYWNrc3RvbmUtYmFja2VkLWZpcm0=/66606f8a251525baa32aca56-20240605) Fairfax-backed IIFL Securities Ltd has made three management-level appointments, all roped in from Blackstone-backed ASK Private Wealth, to strengthen...... [Read more](=/16/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2ZhaXJmYXhiYWNrZWQtaWlmbC1zZWN1cml0aWVzLWhpcmVzLXRocmVlLXRvcC1leGVjcy1mcm9tLWJsYWNrc3RvbmUtYmFja2VkLWZpcm0=/66606f8a251525baa32aca56-20240605) --------------------------------------------------------------- People [Neo Asset hires former True North exec Chheda to lead special situation strategy](=/17/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL25lb2Fzc2V0LWhpcmVzLWZvcm1lci10cnVlLW5vcnRoLWV4ZWMtY2hoZWRhLXRvLWxlYWQtc3BlY2lhbC1zaXR1YXRpb24tc3RyYXRlZ3k=/66606f8a251525baa32aca56-20240605) Mumbai-based Neo Group’s asset management arm, Neo Asset Management, has roped in former True North executive Rubin Chheda, as its managing director...... [Read more](=/18/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL25lb2Fzc2V0LWhpcmVzLWZvcm1lci10cnVlLW5vcnRoLWV4ZWMtY2hoZWRhLXRvLWxlYWQtc3BlY2lhbC1zaXR1YXRpb24tc3RyYXRlZ3k=/66606f8a251525baa32aca56-20240605) --------------------------------------------------------------- Others [Grapevine: Nexus-backed fintech halts operations; Accel may bet on Meragi](=/19/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dyYXBldmluZW5leHVzLWJhY2tlZC1maW50ZWNoLWhhbHRzLW9wZXJhdGlvbnMtYWNjZWwtbWF5LWJldC1vbi1tZXJhZ2k=/66606f8a251525baa32aca56-20240605) Investmint, a signal-based trading app, has ceased operations due to challenges in establishing a viable business model, a media report said. The ...... [Read more](=/20/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dyYXBldmluZW5leHVzLWJhY2tlZC1maW50ZWNoLWhhbHRzLW9wZXJhdGlvbnMtYWNjZWwtbWF5LWJldC1vbi1tZXJhZ2k=/66606f8a251525baa32aca56-20240605) --------------------------------------------------------------- Markets [Hindalco-owned Novelis postpones US IPO](=/21/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2hpbmRhbGNvb3duZWQtbm92ZWxpcy1wb3N0cG9uZXMtdXMtaXBv/66606f8a251525baa32aca56-20240605) Hindalco Industries said on Wednesday its U.S-based unit Novelis has postponed its initial public offering (IPO) due to weak market conditions, ...... [Read more](=/22/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2hpbmRhbGNvb3duZWQtbm92ZWxpcy1wb3N0cG9uZXMtdXMtaXBv/66606f8a251525baa32aca56-20240605) --------------------------------------------------------------- M&A [Tata Motors' finance unit to merge with Tata Capital](=/23/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3RhdGFtb3RvcnMtZmluYW5jZS11bml0LXRvLW1lcmdlLXdpdGgtdGF0YS1jYXBpdGFs/66606f8a251525baa32aca56-20240605) Tata Motors' vehicle financing unit will merge with non-banking financial company Tata Capital in a share swap deal, the Indian carmaker said on ...... [Read more](=/24/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3RhdGFtb3RvcnMtZmluYW5jZS11bml0LXRvLW1lcmdlLXdpdGgtdGF0YS1jYXBpdGFs/66606f8a251525baa32aca56-20240605) --------------------------------------------------------------- =/25/aHR0cHM6Ly9tYXJzaGFsbGdvbGRzbWl0aC52Y2N0cmFpbmluZy5pbi8=/66606f8a251525baa32aca56-20240605 [VCCircle](=/26/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tLw==/66606f8a251525baa32aca56-20240605) [Privacy Policy](=/27/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3Rlcm1zLW9mLXVzZSNwcml2YWN5LXBvbGljeQ==/66606f8a251525baa32aca56-20240605) | [Contact us](=/28/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2NvbnRhY3QtdXM=/66606f8a251525baa32aca56-20240605) --------------------------------------------------------------- Download the VCCircle app and read premium stories [alt_text](=/29/aHR0cHM6Ly9wbGF5Lmdvb2dsZS5jb20vc3RvcmUvYXBwcy9kZXRhaWxzP2lkPWNvbS52Y2NpcmNsZSZobD1lbl9VUw==/66606f8a251525baa32aca56-20240605) [alt_text](=/30/aHR0cHM6Ly9pdHVuZXMuYXBwbGUuY29tL2luL2FwcC92Y2NpcmNsZS9pZDc0MDM2MjcwOD9tdD04/66606f8a251525baa32aca56-20240605) --------------------------------------------------------------- Newsletters sent by newsletter@vccircle.co & Powered by Copyright © HT Digital Streams. 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