Elevation Capital, Bain-Piramal fund, Bain Capital in exit news; Singularity AMC taps LPs for new fund

Trouble viewing this email? [View in web browser](=/0/aHR0cHM6Ly9hc3NldHMudmNjaXJjbGUuY29tL25ld3NsZXR0ZXIvMjAyMy8xMi9kYWlseS92Y2MtZGFpbHktbmV3c2xldHRlci0yMDIzLTEyLTIwLmh0bWw=/6582f7b093c453ed2459f5b2-20231220) [VCCircle](=/1/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tLw==/6582f7b093c453ed2459f5b2-20231220) Wednesday, 20 Dec 2023 =/2/aHR0cHM6Ly96ZnJtei5jb20vUlkybms1Z1d2WmxSOGswZ3lkMEM=/6582f7b093c453ed2459f5b2-20231220 =/3/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2VsZXZhdGlvbmNhcGl0YWwtc2lnbmluZy1vZmYtZnJvbS1zaXgteWVhci1vbGQtcG9ydGZvbGlvLWNvbXBhbnk=/6582f7b093c453ed2459f5b2-20231220 Venture Capital [Elevation Capital signing off from six-year-old portfolio company](=/4/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2VsZXZhdGlvbmNhcGl0YWwtc2lnbmluZy1vZmYtZnJvbS1zaXgteWVhci1vbGQtcG9ydGZvbGlvLWNvbXBhbnk=/6582f7b093c453ed2459f5b2-20231220) Venture capital firm Elevation Capital has again pressed the exit button on a portfolio bet, in the process divesting over four-fifth of its stake and...... [Read more](=/5/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2VsZXZhdGlvbmNhcGl0YWwtc2lnbmluZy1vZmYtZnJvbS1zaXgteWVhci1vbGQtcG9ydGZvbGlvLWNvbXBhbnk=/6582f7b093c453ed2459f5b2-20231220) --------------------------------------------------------------- Private Equity [Bain-Piramal fund offloads additional stake from debut investment](=/6/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JhaW5waXJhbWFsLWZ1bmQtb2ZmbG9hZHMtYWRkaXRpb25hbC1zdGFrZS1mcm9tLWRlYnV0LWludmVzdG1lbnQ=/6582f7b093c453ed2459f5b2-20231220) The India Resurgence Fund, an investment platform set up by private equity firm Bain Capital and Indian conglomerate Piramal Enterprises, has again ...... [Read more](=/7/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JhaW5waXJhbWFsLWZ1bmQtb2ZmbG9hZHMtYWRkaXRpb25hbC1zdGFrZS1mcm9tLWRlYnV0LWludmVzdG1lbnQ=/6582f7b093c453ed2459f5b2-20231220) --------------------------------------------------------------- Private Equity [Bain Capital tweaks exit plan from decade-old India portfolio company](=/8/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JhaW5jYXBpdGFsLXR3ZWFrcy1leGl0LXBsYW4tZnJvbS1kZWNhZGUtb2xkLWluZGlhLXBvcnRmb2xpby1jb21wYW55/6582f7b093c453ed2459f5b2-20231220) American private equity firm Bain Capital, which has been particularly active in India this year having struck three new deals and as many exit moves...... [Read more](=/9/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JhaW5jYXBpdGFsLXR3ZWFrcy1leGl0LXBsYW4tZnJvbS1kZWNhZGUtb2xkLWluZGlhLXBvcnRmb2xpby1jb21wYW55/6582f7b093c453ed2459f5b2-20231220) --------------------------------------------------------------- =/10/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21hZGh1a2VsYS1iYWNrZWQtc2luZ3VsYXJpdHktYW1jLW9uLXRyYWNrLXRvLW9uYm9hcmQtdHdvLWxwcy1mb3ItbGF0ZXN0LWZ1bmQ=/6582f7b093c453ed2459f5b2-20231220 Private Equity [Madhu Kela-backed Singularity AMC on track to onboard two LPs for latest fund](=/11/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21hZGh1a2VsYS1iYWNrZWQtc2luZ3VsYXJpdHktYW1jLW9uLXRyYWNrLXRvLW9uYm9hcmQtdHdvLWxwcy1mb3ItbGF0ZXN0LWZ1bmQ=/6582f7b093c453ed2459f5b2-20231220) Veteran investor Madhusudan Kela-backed Singularity AMC, which is an investor in companies like WebEngage and mCaffeine, is set to secure commitments ...... [Read more](=/12/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21hZGh1a2VsYS1iYWNrZWQtc2luZ3VsYXJpdHktYW1jLW9uLXRyYWNrLXRvLW9uYm9hcmQtdHdvLWxwcy1mb3ItbGF0ZXN0LWZ1bmQ=/6582f7b093c453ed2459f5b2-20231220) --------------------------------------------------------------- Private Equity [General Atlantic in talks to buy PE firm Actis: Report](=/13/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dlbmVyYWxhdGxhbnRpYy1pbi10YWxrcy10by1idXktcGUtZmlybS1hY3Rpcy1yZXBvcnQ=/6582f7b093c453ed2459f5b2-20231220) U.S. private equity firm General Atlantic is in talks to buy infrastructure investor Actis shortly after it filed for an initial public offering ...... [Read more](=/14/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dlbmVyYWxhdGxhbnRpYy1pbi10YWxrcy10by1idXktcGUtZmlybS1hY3Rpcy1yZXBvcnQ=/6582f7b093c453ed2459f5b2-20231220) --------------------------------------------------------------- M&A [General Atlantic-backed TBO Tek acquires Spanish firm Jumbo’s online business](=/15/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dlbmVyYWxhdGxhbnRpYy1iYWNrZWQtdGJvLXRlay1hY3F1aXJlcy1zcGFuaXNoLWZpcm0tanVtYm8tcy1vbmxpbmUtYnVzaW5lc3M=/6582f7b093c453ed2459f5b2-20231220) Travel-tech platform TBO Tek Ltd, backed by US-based private equity firm General Atlantic, has acquired the online business of Spain's Jumbo ...... [Read more](=/16/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dlbmVyYWxhdGxhbnRpYy1iYWNrZWQtdGJvLXRlay1hY3F1aXJlcy1zcGFuaXNoLWZpcm0tanVtYm8tcy1vbmxpbmUtYnVzaW5lc3M=/6582f7b093c453ed2459f5b2-20231220) --------------------------------------------------------------- =/17/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2NocnlzY2FwaXRhbGJhY2tlZC1saXZndWFyZC1hY3F1aXJlcy1lLW1vYmlsaXR5LXN0YXJ0dXA=/6582f7b093c453ed2459f5b2-20231220 M&A [ChrysCapital-backed Livguard acquires e-mobility startup](=/18/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2NocnlzY2FwaXRhbGJhY2tlZC1saXZndWFyZC1hY3F1aXJlcy1lLW1vYmlsaXR5LXN0YXJ0dXA=/6582f7b093c453ed2459f5b2-20231220) LivGuard Energy Technologies Pvt. Ltd said Wednesday it has acquired a New Delhi-based e-mobility startup, in an attempt to transition into the ...... [Read more](=/19/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2NocnlzY2FwaXRhbGJhY2tlZC1saXZndWFyZC1hY3F1aXJlcy1lLW1vYmlsaXR5LXN0YXJ0dXA=/6582f7b093c453ed2459f5b2-20231220) --------------------------------------------------------------- Private Equity [Why 2024 will likely see consolidation in the global private capital market](=/20/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3doeTIwMjQtd2lsbC1saWtlbHktc2VlLWNvbnNvbGlkYXRpb24taW4tdGhlLWdsb2JhbC1wcml2YXRlLWNhcGl0YWwtbWFya2V0/6582f7b093c453ed2459f5b2-20231220) The last 12 months have been some of the most challenging in the buyout industry's recent history, as private capital fundraising fell to five-...... 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