Managing director of Cholamandalam Investment confirmed that his company was looking to raise up to INR300 crore but that no exact date for the launch had been identified.
Growth Equity
Capitalworks raises more than ZAR 2.7 billion in six months
Capitalworks, a private equity firm based in South Africa, announced it was able to raise ZAR 2.7 billion in six months.
Societe Generale SA ecstatic as profit margin doubles
Societe Generale SA said that they are happy to announce that the company is ecstatic as the company's profit margin doubles.
A Cushman & Wakefield report reveals US$2 billion worth of funds ready to be infused in Indian real estate
A report by Cushman & Wakefield revealed that around US$2 billion in private equity funds is ready to be invested in Indian real estate.
Cowell's first born care of close friend's wife, Lauren Silverman
Cowell's first born care of close friend's wife, Lauren Silverman Simon Cowell will have his first born through Lauren Silverman, the wife of his close friend, Andrew.
Latest News
Fab announced that they have received US$10 million from SingTel Innov8. Jason Goldberg, chief executive officer of Fab, announced that his company had raised US$10 million in venture capital funding.
KKR stated that it had entered an Eagle Ford Shale drilling partnership with EXCO Resources. Kohlberg Kravis Roberts, or better known as KKR, announced today that it had signed with EXCO Resources an Eagle Ford shale drilling partnership.
Rock Hill Capital announced that it had raised US$87.7 million for its second fund. Rock Hill Capital Group, LLC announced the conclusion of its latest fund, Rock Hill Capital II, LP.
Sources said that Onex Corp. is raising US$4.5 billion for its next fund. Sources close to Onex Corp. said that the firm is looking to put up US$4. 5 billion for its next fund.
Vishwaprasad Alva revealed that Skanray Technologies is to put up INR70 crore for its expansion projects.
New and existing investors brought up Earlybird's total capital to EUR 650 million. Berlin-based Earlybird Venture Capital posted the EUR 150 million (US$200 million) final closing of the company's fourth early stage fund earlier today.
Investment firms Cedar Fund and Innovation Endeavors invested in marketing technology specialist Datorama.
Venture capital fund Ascension Health Ventures backs healthcare technology innovator Quantros. Healthcare technology provider Quantros announced earlier today that it has received an investment from Ascension Health Ventures (AHV).
Hansen Medical secured US $98 million funding from both new and old investors. The proceeds will be used for product development.
