Paramita Chatterjee

Knight Fintech, a Mumbai-headquartered banking infrastructure startup, has raised $23.6 million in a Series A funding round led by Accel. The round also saw participation from IIFL and Rocket Capital, along with existing investors Prime Venture Partners, ... See more

Ambit Global Private Client (Ambit GPC), the wealth management arm of financial services group Ambit, has completed the final close of Poonawalla Vision Fund I at Rs 1,000 crore ($114 million), according to an announcement. Ambit GPC is the investment man... See more

Anicut Capital, known for backing companies such as Wow! Momo, SUGAR Cosmetics, and Blue Tokai, has completed the final close of its Grand Anicut Fund IV at Rs 1,275 crore ($142 million)—the firm’s third private credit fund. The latest fund underscores gr... See more

Bharti Enterprises and private equity (PE) giant Warburg Pincus have teamed up to make a strategic investment in Haier India, the Indian subsidiary of the Haier Group. Under the deal, Bharti and Warburg Pincus will jointly hold a 49% stake, the Haier Grou... See more

Somerset Indus Capital Partners, a private equity firm that invests in mid-sized healthcare companies across India, has secured $15 million from Proparco, the private-sector arm of the Agence Française de Développement (AFD) Group, for its third fund. The... See more