Deals And Mergers

Ashish Kacholia, Bengal Finance acquire 1.9% stake in TechEra Engineering

Ace investor Ashish Kacholia acquired 2 lakh shares and his investment firm picked 1,12,800 shares in TechEra at Rs 247.1 per share.

CCI clears Lloyds Metals' proposal to acquire 49.9 pc stake in Thriveni Pellets

LMEL is engaged in the business of iron ore mining, direct reduced iron production, generation of captive power, and pellet trading. It supplies iron ore fines and pellets mined/produced around the world.

Waaree Energies acquires 64% stake in Kotsons for Rs 192 crore

Following the transaction, Kotsons Private Limited has become a subsidiary of Waaree Energies, the company said in its statement to the exchanges.

Lucio raises $5 million to build AI-native workspace for lawyers

Adopted by more than 200 organisations globally, including enterprise law firms, in-house legal teams, and boutique firms, Lucio currently supports over 3,000 lawyers in nine jurisdictions.

Investcorp's new Rs 5,000 crore PE fund to target mid-market buyouts, says India head Gaurav Sharma

The fund, backed by both domestic and global investors, will target building a portfolio of 10–11 companies across healthcare, business services, consumer, and financial sectors, Investcorp India investment business head Gaurav Sharma tells Moneycontrol

VCs tap startup operators to sharpen investment game

As India’s venture ecosystem matures, industry stakeholders say funds are racing to bring in domain specialists who can offer sharper execution, deeper founder networks and on-ground operating muscle.

Private equity fund True North exploring sale of controlling stake in pharma firm Integrace

Early discussions have kickstarted with a few select suitors keen on a domestic formulations platform. Temasek is the other key shareholder in Integrace.

Oolka bags $7 million in funding from Lightspeed, Z47, 8i Ventures to scale AI credit platform

The Bengaluru-based fintech startup has processed over Rs 100 crore in repayments and is nearing 2 million users; funds will be used to expand its team and launch AI-native credit tools.

India’s deep tech push gets $1 bn boost from Indian and US VCs, first bets already in play

The alliance seeks to bridge long-standing capital gaps in deep tech by channelling funds into high-cost, high-impact areas such as semiconductors, AI, robotics, space, defense, and medical devices.

A91 Partners to invest Rs 175 crore in Coimbatore-based Shree Anandhaas Sweets as PE interest in space picks up

A91 Partners’ investment into Shree Anandhaas comes after Motilal Oswal (MO Alts) invested in Lal Sweets as investors bet on a large unorganised industry, and family-owned businesses, in India becoming more organised as an increasing number of consumers alter their purchasing patterns.

Delhivery completes Rs 1,407 crore Ecom Express acquisition, kicks off six-month integration plan

The acquisition closed on July 18 and Delhivery said the revenue retention from Ecom Express is tracking ahead of expectations.

Flipkart’s VP Smrithi Ravichandran set to join PE firm Multiples 

Ravichandran will take up an investing role at the PE firm and oversee funding activity, source deals and double down on existing portfolio companies across sectors in her new role, sources told Moneycontrol.

From legacy to liquidity: Why private equity firms are courting India’s family businesses

From bakery to baggage, private equity funds and family-owned businesses are shaking hands as Millennials/Gen Zs are choosing to forge their own path, and families are wanting a catalyst for their next phase of growth. An ageing crop of Promoters is also driving PE interest in traditional firms.