Investcorp leads race for fashion brand; Warburg, True North clock exits; How is Fairfax's portfolio faring?

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[Read more](=/7/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3dhcmJ1cmdwaW5jdXMtdHJ1ZS1ub3J0aC1wcmVzcy1vbi13aXRoLWhpZ2gtcmV0dXJucy1mcm9tLWJmc2ktZmlybQ==/655f5fabcac6abe78a4b4458-20231123) --------------------------------------------------------------- Credit [Nippon Life India AIF set to strike two deals from private credit fund](=/8/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL25pcHBvbmxpZmUtaW5kaWEtYWlmLXNldC10by1zdHJpa2UtdHdvLWRlYWxzLWZyb20tcHJpdmF0ZS1jcmVkaXQtZnVuZA==/655f5fabcac6abe78a4b4458-20231123) Nippon Life India AIF Management Ltd, a subsidiary of Nippon India Asset Management Ltd, intends to close at least two new deals out of its latest ...... [Read more](=/9/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL25pcHBvbmxpZmUtaW5kaWEtYWlmLXNldC10by1zdHJpa2UtdHdvLWRlYWxzLWZyb20tcHJpdmF0ZS1jcmVkaXQtZnVuZA==/655f5fabcac6abe78a4b4458-20231123) --------------------------------------------------------------- =/10/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2luY2hhcnRzLWZhaXJmYXgtcy1pbmRpYS1wb3J0Zm9saW8taGFzLWEtZHVkLWEtYmxvY2tidXN0ZXItYW5kLW1hbnktaGl0cw==/655f5fabcac6abe78a4b4458-20231123 Private Equity [In Charts: Fairfax’s India portfolio has a dud, a blockbuster and many hits](=/11/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2luY2hhcnRzLWZhaXJmYXgtcy1pbmRpYS1wb3J0Zm9saW8taGFzLWEtZHVkLWEtYmxvY2tidXN0ZXItYW5kLW1hbnktaGl0cw==/655f5fabcac6abe78a4b4458-20231123) Few people have been as bullish about investing in India over the past few years as Prem Watsa, the founder of Toronto-based insurance and investment...... [Read more](=/12/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2luY2hhcnRzLWZhaXJmYXgtcy1pbmRpYS1wb3J0Zm9saW8taGFzLWEtZHVkLWEtYmxvY2tidXN0ZXItYW5kLW1hbnktaGl0cw==/655f5fabcac6abe78a4b4458-20231123) --------------------------------------------------------------- Others [FMO-backed NeoGrowth speeds up revenue, profit growth after turning the corner](=/13/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2Ztb2JhY2tlZC1uZW9ncm93dGgtc3BlZWRzLXVwLXJldmVudWUtcHJvZml0LWdyb3d0aC1hZnRlci10dXJuaW5nLXRoZS1jb3JuZXI=/655f5fabcac6abe78a4b4458-20231123) Fintech lender NeoGrowth, which came out of the red in the year through March to mark a turnaround from the damage caused by the Covid-19 pandemic...... [Read more](=/14/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2Ztb2JhY2tlZC1uZW9ncm93dGgtc3BlZWRzLXVwLXJldmVudWUtcHJvZml0LWdyb3d0aC1hZnRlci10dXJuaW5nLXRoZS1jb3JuZXI=/655f5fabcac6abe78a4b4458-20231123) --------------------------------------------------------------- M&A [Lightspeed, Silver Lake exit IIT alumni’s AI startup via strategic buyout](=/15/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2xpZ2h0c3BlZWRzaWx2ZXItbGFrZS1leGl0LWlpdC1hbHVtbmktcy1haS1zdGFydHVwLXZpYS1zdHJhdGVnaWMtYnV5b3V0/655f5fabcac6abe78a4b4458-20231123) Venture capital firm Lightspeed Venture Partners and private equity firm Silver Lake have exited an India- and US-based company that uses generative ...... [Read more](=/16/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2xpZ2h0c3BlZWRzaWx2ZXItbGFrZS1leGl0LWlpdC1hbHVtbmktcy1haS1zdGFydHVwLXZpYS1zdHJhdGVnaWMtYnV5b3V0/655f5fabcac6abe78a4b4458-20231123) --------------------------------------------------------------- =/17/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2Zvcm1lcmJhbmtlci1rYW1wYW5pLWZsb2F0cy12Yy1mdW5kLXRvLWJhY2stZ3Jvd3RoLXN0YWdlLXN0YXJ0dXBz/655f5fabcac6abe78a4b4458-20231123 Venture Capital [Former banker Kampani floats VC fund to back growth-stage startups](=/18/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2Zvcm1lcmJhbmtlci1rYW1wYW5pLWZsb2F0cy12Yy1mdW5kLXRvLWJhY2stZ3Jvd3RoLXN0YWdlLXN0YXJ0dXBz/655f5fabcac6abe78a4b4458-20231123) Nimesh Kampani, a former banker who previously worked with top financial services firms such as Kotak Mahindra Bank and ICICI Bank, has set up a ...... [Read more](=/19/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2Zvcm1lcmJhbmtlci1rYW1wYW5pLWZsb2F0cy12Yy1mdW5kLXRvLWJhY2stZ3Jvd3RoLXN0YWdlLXN0YXJ0dXBz/655f5fabcac6abe78a4b4458-20231123) --------------------------------------------------------------- Others [SoftBank-backed Unicommerce’s FY23 revenue jumps over 50%, profit up 7.7%](=/20/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NvZnRiYW5rYmFja2VkLXVuaWNvbW1lcmNlLXMtZnkyMy1yZXZlbnVlLWp1bXBzLW92ZXItNTAtcHJvZml0LXVwLTctNy0=/655f5fabcac6abe78a4b4458-20231123) Ecommerce enablement software platform Unicommerce reported a 52.5% jump in its revenue from operations for the financial year through March 2023 to ...... [Read more](=/21/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NvZnRiYW5rYmFja2VkLXVuaWNvbW1lcmNlLXMtZnkyMy1yZXZlbnVlLWp1bXBzLW92ZXItNTAtcHJvZml0LXVwLTctNy0=/655f5fabcac6abe78a4b4458-20231123) --------------------------------------------------------------- Venture Capital [Conscious Chemist secures bridge funding from Inflection Point Ventures](=/22/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2NvbnNjaW91c2NoZW1pc3Qtc2VjdXJlcy1icmlkZ2UtZnVuZGluZy1mcm9tLWluZmxlY3Rpb24tcG9pbnQtdmVudHVyZXM=/655f5fabcac6abe78a4b4458-20231123) Beauty brand Conscious Chemist has secured bridge funding from early-stage investor Inflection Point Ventures. The funds raised will be used to ...... [Read more](=/23/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2NvbnNjaW91c2NoZW1pc3Qtc2VjdXJlcy1icmlkZ2UtZnVuZGluZy1mcm9tLWluZmxlY3Rpb24tcG9pbnQtdmVudHVyZXM=/655f5fabcac6abe78a4b4458-20231123) --------------------------------------------------------------- Markets [Mamaearth parent Honasa Consumer's shares jump 20% as Q2 profit nearly doubles](=/24/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21hbWFlYXJ0aHBhcmVudC1ob25hc2EtY29uc3VtZXItcy1zaGFyZXMtanVtcC0yMC1hcy1xMi1wcm9maXQtbmVhcmx5LWRvdWJsZXM=/655f5fabcac6abe78a4b4458-20231123) Shares of Honasa Consumer jumped 20% on Thursday, a day after the parent of beauty-and-personal care products maker Mamaearth reported a quarterly ...... 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