Applied Materials eyes India deal; Bain expands BFSI harvest; GIC, BII, Mapletree, Nexus ink new deals

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[Read more](=/5/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2V4Y2x1c2l2ZW5hc2RhcS1saXN0ZWQtYXBwbGllZC1tYXRlcmlhbHMtc2V0LXRvLXN0cmlrZS1pbmRpYS1kZWFsLXdpdGgtcGUtYmFja2VkLWNvbXBhbnk=/6579bdd393c453ed249c0464-20231213) --------------------------------------------------------------- Private Equity [Bain Capital expands harvest from BFSI bet to over $1.3 bn but did it meet the benchmark?](=/6/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JhaW5jYXBpdGFsLWV4cGFuZHMtaGFydmVzdC1mcm9tLWJmc2ktYmV0LXRvLW92ZXItMS0zLWJuLWJ1dC1kaWQtaXQtbWVldC10aGUtYmVuY2htYXJr/6579bdd393c453ed249c0464-20231213) Bain Capital, one of the less aggressive among the bulge-bracket global private equity firms active in India, has harvested more money from its local ...... [Read more](=/7/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JhaW5jYXBpdGFsLWV4cGFuZHMtaGFydmVzdC1mcm9tLWJmc2ktYmV0LXRvLW92ZXItMS0zLWJuLWJ1dC1kaWQtaXQtbWVldC10aGUtYmVuY2htYXJr/6579bdd393c453ed249c0464-20231213) --------------------------------------------------------------- Markets [Investcorp, Bessemer, Credit Suisse fund inch closer to monetising India bets](=/8/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2ludmVzdGNvcnBiZXNzZW1lci1jcmVkaXQtc3Vpc3NlLWZ1bmQtaW5jaC1jbG9zZXItdG8tbW9uZXRpc2luZy1pbmRpYS1iZXRz/6579bdd393c453ed249c0464-20231213) An investment fund managed by Swiss bank Credit Suisse, Bahrain-based alternative investment firm Investcorp and Silicon Valley venture capital firm ...... [Read more](=/9/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2ludmVzdGNvcnBiZXNzZW1lci1jcmVkaXQtc3Vpc3NlLWZ1bmQtaW5jaC1jbG9zZXItdG8tbW9uZXRpc2luZy1pbmRpYS1iZXRz/6579bdd393c453ed249c0464-20231213) --------------------------------------------------------------- =/10/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21hcGxldHJlZXJhbXBzLXVwLWluZGlhLWxvZ2lzdGljcy1wb3J0Zm9saW8tYnktYWNxdWlyaW5nLXdhcmVob3VzaW5nLWFzc2V0/6579bdd393c453ed249c0464-20231213 M&A [Mapletree ramps up India logistics portfolio by acquiring warehousing asset](=/11/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21hcGxldHJlZXJhbXBzLXVwLWluZGlhLWxvZ2lzdGljcy1wb3J0Zm9saW8tYnktYWNxdWlyaW5nLXdhcmVob3VzaW5nLWFzc2V0/6579bdd393c453ed249c0464-20231213) Asia-Pacific focussed real assets manager Mapletree has struck a fresh acquisition to bolster its logistics play in India, VCCircle has learnt.After ...... [Read more](=/12/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21hcGxldHJlZXJhbXBzLXVwLWluZGlhLWxvZ2lzdGljcy1wb3J0Zm9saW8tYnktYWNxdWlyaW5nLXdhcmVob3VzaW5nLWFzc2V0/6579bdd393c453ed249c0464-20231213) --------------------------------------------------------------- Venture Capital [How Temasek-Info Edge’s three joint VC funds are building their portfolios](=/13/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2hvd3RlbWFzZWstaW5mby1lZGdlLXMtdGhyZWUtam9pbnQtdmMtZnVuZHMtYXJlLWJ1aWxkaW5nLXRoZWlyLXBvcnRmb2xpb3M=/6579bdd393c453ed249c0464-20231213) Info Edge (India) Ltd, the parent of jobs portal Naukri.com and real estate website 99acres.com, has expanded the portfolio of the venture capital ...... [Read more](=/14/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2hvd3RlbWFzZWstaW5mby1lZGdlLXMtdGhyZWUtam9pbnQtdmMtZnVuZHMtYXJlLWJ1aWxkaW5nLXRoZWlyLXBvcnRmb2xpb3M=/6579bdd393c453ed249c0464-20231213) --------------------------------------------------------------- Venture Capital [GIC leads $46 mn funding in fruit marketplace Vegrow as early investors exit](=/15/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dpY2xlYWRzLTQ2LW1uLWZ1bmRpbmctaW4tZnJ1aXQtbWFya2V0cGxhY2UtdmVncm93LWFzLWVhcmx5LWludmVzdG9ycy1leGl0/6579bdd393c453ed249c0464-20231213) Vegrow, a business-to-business agritech platform, said Wednesday it has concluded its Series C round of funding led by Singapore sovereign wealth fund...... [Read more](=/16/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dpY2xlYWRzLTQ2LW1uLWZ1bmRpbmctaW4tZnJ1aXQtbWFya2V0cGxhY2UtdmVncm93LWFzLWVhcmx5LWludmVzdG9ycy1leGl0/6579bdd393c453ed249c0464-20231213) --------------------------------------------------------------- =/17/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL25leHVzdmVudHVyZS1wYXJ0bmVycy1iZXRzLW9uLWNvbnZlcmdlbnQtYmFja2VkLWFnaWxpdGFzLXNwb3J0cw==/6579bdd393c453ed249c0464-20231213 Venture Capital [Nexus Venture Partners bets on Convergent-backed Agilitas Sports](=/18/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL25leHVzdmVudHVyZS1wYXJ0bmVycy1iZXRzLW9uLWNvbnZlcmdlbnQtYmFja2VkLWFnaWxpdGFzLXNwb3J0cw==/6579bdd393c453ed249c0464-20231213) Agilitas Sports, founded by Abhishek Ganguly, the former managing director of Puma India and South-East Asia, has raised ₹100 crore from Nexus ...... [Read more](=/19/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL25leHVzdmVudHVyZS1wYXJ0bmVycy1iZXRzLW9uLWNvbnZlcmdlbnQtYmFja2VkLWFnaWxpdGFzLXNwb3J0cw==/6579bdd393c453ed249c0464-20231213) --------------------------------------------------------------- Consumer [Mahindra & Mahindra, others to invest $105 mn in Jawa, Yezdi bike maker](=/20/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21haGluZHJhbWFoaW5kcmEtb3RoZXJzLXRvLWludmVzdC0xMDUtbW4taW4tamF3YS15ZXpkaS1iaWtlLW1ha2Vy/6579bdd393c453ed249c0464-20231213) Indian automaker Mahindra and Mahindra Ltd said on Wednesday that the company, along with external investors, will spend 8.75 billion rupees ($105 ...... [Read more](=/21/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21haGluZHJhbWFoaW5kcmEtb3RoZXJzLXRvLWludmVzdC0xMDUtbW4taW4tamF3YS15ZXpkaS1iaWtlLW1ha2Vy/6579bdd393c453ed249c0464-20231213) --------------------------------------------------------------- M&A [PE-backed Sterling Accuris buys drug testing firm in third acquisition of 2023](=/22/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BlYmFja2VkLXN0ZXJsaW5nLWFjY3VyaXMtYnV5cy1kcnVnLXRlc3RpbmctZmlybS1pbi10aGlyZC1hY3F1aXNpdGlvbi1vZi0yMDIz/6579bdd393c453ed249c0464-20231213) Sterling Accuris Wellness Pvt. Ltd, a diagnostics lab chain backed by private equity firm Morgan Stanley Private Equity Asia, has acquired Vaibhav ...... [Read more](=/23/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BlYmFja2VkLXN0ZXJsaW5nLWFjY3VyaXMtYnV5cy1kcnVnLXRlc3RpbmctZmlybS1pbi10aGlyZC1hY3F1aXNpdGlvbi1vZi0yMDIz/6579bdd393c453ed249c0464-20231213) --------------------------------------------------------------- Private Equity [BII leads Series F round of MSME lender Aye Finance](=/24/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JpaWxlYWRzLXNlcmllcy1mLXJvdW5kLW9mLW1zbWUtbGVuZGVyLWF5ZS1maW5hbmNl/6579bdd393c453ed249c0464-20231213) Micro-enterprise fintech lender Aye Finance has raised Rs 310 crore (around $37.2 million) in a Series F funding round, led by UK's development ...... [Read more](=/25/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JpaWxlYWRzLXNlcmllcy1mLXJvdW5kLW9mLW1zbWUtbGVuZGVyLWF5ZS1maW5hbmNl/6579bdd393c453ed249c0464-20231213) --------------------------------------------------------------- Venture Capital [Snitch pockets large Series A cheque; ofScale gets pre-seed funding](=/26/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NuaXRjaG9mc2NhbGUtcmFpc2UtZWFybHktc3RhZ2UtZnVuZGluZw==/6579bdd393c453ed249c0464-20231213) Fast fashion brand Snitch and distribution platform ofScale raised early-stage funding, the companies said on Wednesday. SnitchSnitch has raised $13...... [Read more](=/27/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NuaXRjaG9mc2NhbGUtcmFpc2UtZWFybHktc3RhZ2UtZnVuZGluZw==/6579bdd393c453ed249c0464-20231213) --------------------------------------------------------------- M&A [Fintech startups M2P and Anq strike fresh acquisitions in bid to expand](=/28/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2ZpbnRlY2hzdGFydHVwcy1tMnAtYW5kLWFucS1zdHJpa2UtZnJlc2gtYWNxdWlzaXRpb25zLWluLWJpZC10by1leHBhbmQ=/6579bdd393c453ed249c0464-20231213) Fintech startup M2P Fintch said on Wednesday has acquired transaction behavioural intelligence platform Goals101 for $30 million (Rs 250 crore), ...... 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