Nalanda Capital, Ventureast score exits; Lotus Herbals, Bella Vita's founder plan new funds

Trouble viewing this email? [View in web browser](=/0/aHR0cHM6Ly9hc3NldHMudmNjaXJjbGUuY29tL25ld3NsZXR0ZXIvMjAyNC8wNi9kYWlseS92Y2MtZGFpbHktbmV3c2xldHRlci0yMDI0LTA2LTEyLmh0bWw=/6669b3c6251525baa311c1d4-20240612) [VCCircle](=/1/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tLw==/6669b3c6251525baa311c1d4-20240612) Wednesday, 12 Jun 2024 =/2/aHR0cHM6Ly9scHN1bW1pdC52Y2NldmVudHMuY29tL2R1YmFpLw==/6669b3c6251525baa311c1d4-20240612 =/3/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL25hbGFuZGFiZWF0cy1iZW5jaG1hcmstdGhhbmtzLXRvLXJvYnVzdC10c3ItZnJvbS0xMy15ZWFyLW9sZC1iZXQ=/6669b3c6251525baa311c1d4-20240612 Private Equity [Nalanda beats benchmark thanks to robust TSR from 13-year-old bet](=/4/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL25hbGFuZGFiZWF0cy1iZW5jaG1hcmstdGhhbmtzLXRvLXJvYnVzdC10c3ItZnJvbS0xMy15ZWFyLW9sZC1iZXQ=/6669b3c6251525baa311c1d4-20240612) Nalanda Capital, a private equity-style investment firm started by former Warburg Pincus executive Pulak Prasad that focuses on the public markets, ...... [Read more](=/5/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL25hbGFuZGFiZWF0cy1iZW5jaG1hcmstdGhhbmtzLXRvLXJvYnVzdC10c3ItZnJvbS0xMy15ZWFyLW9sZC1iZXQ=/6669b3c6251525baa311c1d4-20240612) --------------------------------------------------------------- Venture Capital [Ventureast scores a jackpot as legacy bet yields nearly 120x return](=/6/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3ZlbnR1cmVhc3RzY29yZXMtYS1qYWNrcG90LWFzLWxlZ2FjeS1iZXQteWllbGRzLW5lYXJseS0xMjB4LXJldHVybg==/6669b3c6251525baa311c1d4-20240612) Ventureast, one of the country’s oldest venture capital firms that currently manages over $400 million of assets, has scored a jackpot from a legacy...... 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[Read more](=/9/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2VsZXZhdGlvbmNhcGl0YWwtcGVhay14di1iYWNrZWQtaXhpZ28tcy1pcG8tY292ZXJlZC05OC10aW1lcy1vbi1maW5hbC1kYXk=/6669b3c6251525baa311c1d4-20240612) --------------------------------------------------------------- =/10/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2xvdHVzaGVyYmFscy1wbGFucy1mdW5kLXRvLWJldC1vbi1pbm5vdmF0aXZlLWJlYXV0eS1jYXJlLXN0YXJ0dXBz/6669b3c6251525baa311c1d4-20240612 Venture Capital [Lotus Herbals plans fund to bet on beauty care startups](=/11/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2xvdHVzaGVyYmFscy1wbGFucy1mdW5kLXRvLWJldC1vbi1pbm5vdmF0aXZlLWJlYXV0eS1jYXJlLXN0YXJ0dXBz/6669b3c6251525baa311c1d4-20240612) Indian personal care major Lotus Herbals plans to launch a fund to invest mainly in early-stage startups in the beauty and personal care category, a ...... [Read more](=/12/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2xvdHVzaGVyYmFscy1wbGFucy1mdW5kLXRvLWJldC1vbi1pbm5vdmF0aXZlLWJlYXV0eS1jYXJlLXN0YXJ0dXBz/6669b3c6251525baa311c1d4-20240612) --------------------------------------------------------------- Venture Capital [Ananta Capital-Backed Bella Vita’s founder plans next fund for venture studio](=/13/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2FuYW50YWNhcGl0YWwtYmFja2VkLWJlbGxhLXZpdGEtcy1mb3VuZGVyLXBsYW5zLW5leHQtZnVuZC1mb3ItdmVudHVyZS1zdHVkaW8=/6669b3c6251525baa311c1d4-20240612) Aakash Anand, a serial entrepreneur who is also the founder of IDAM Natural Wellness Pvt. Ltd, the parent company of Ananta Capital-backed personal ...... [Read more](=/14/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2FuYW50YWNhcGl0YWwtYmFja2VkLWJlbGxhLXZpdGEtcy1mb3VuZGVyLXBsYW5zLW5leHQtZnVuZC1mb3ItdmVudHVyZS1zdHVkaW8=/6669b3c6251525baa311c1d4-20240612) --------------------------------------------------------------- Private Equity [Agri solutions provider Samunnati secures debt from offshore investor](=/15/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2Fncmlzb2x1dGlvbnMtcHJvdmlkZXItc2FtdW5uYXRpLXNlY3VyZXMtZGVidC1mcm9tLW9mZnNob3JlLWludmVzdG9y/6669b3c6251525baa311c1d4-20240612) Agri finance and commerce solutions provider Samunnati Financial Intermediation & Services Pvt. Ltd, has tapped an offshore investor for fresh capital...... [Read more](=/16/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2Fncmlzb2x1dGlvbnMtcHJvdmlkZXItc2FtdW5uYXRpLXNlY3VyZXMtZGVidC1mcm9tLW9mZnNob3JlLWludmVzdG9y/6669b3c6251525baa311c1d4-20240612) --------------------------------------------------------------- =/17/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NiaWNhcGFwcG9pbnRzLWZvcm1lci1zYmktZXhlY3V0aXZlLWFzLW1kLWNlbw==/6669b3c6251525baa311c1d4-20240612 People [SBICAP appoints former SBI executive as MD, CEO](=/18/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NiaWNhcGFwcG9pbnRzLWZvcm1lci1zYmktZXhlY3V0aXZlLWFzLW1kLWNlbw==/6669b3c6251525baa311c1d4-20240612) India's largest public lender SBI's alternative asset management arm SBICAP Ventures Ltd, has appointed Prem Prabhakar as its new managing ...... 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[Read more](=/21/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BlZmlybS1wYW50aGVyYS1sZWFkcy1zZXJpZXMtYi1yb3VuZC1vZi1za2luY2FyZS1icmFuZC1mb3h0YWxl/6669b3c6251525baa311c1d4-20240612) --------------------------------------------------------------- Venture Capital [Skye Air, Palette Brands, Finsall secure early-stage funding; CredAble gets debt investment](=/22/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BhbGV0dGVicmFuZHMtZmluc2FsbC1zZWN1cmUtZWFybHktc3RhZ2UtZnVuZGluZy1jcmVkYWJsZS1yYWlzZXMtZGVidC1pbnZlc3RtZW50/6669b3c6251525baa311c1d4-20240612) Drone logistics startup Skye Air, consumer goods company Palette Brands and fintech startup Finsall raised early-stage investment, while fintech ...... [Read more](=/23/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BhbGV0dGVicmFuZHMtZmluc2FsbC1zZWN1cmUtZWFybHktc3RhZ2UtZnVuZGluZy1jcmVkYWJsZS1yYWlzZXMtZGVidC1pbnZlc3RtZW50/6669b3c6251525baa311c1d4-20240612) --------------------------------------------------------------- General [Grapevine: Peak XV-backed Kenko may shut shop; Zepto gets more investors](=/24/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dyYXBldmluZXBlYWsteHYtYmFja2VkLWtlbmtvLW1heS1zaHV0LXNob3AtemVwdG8tZ2V0cy1tb3JlLWludmVzdG9ycw==/6669b3c6251525baa311c1d4-20240612) Kenko Health, which is backed by Peak XV Partners and Orios Venture Partners, is on the brink of shutdown due to a shareholder dispute that has ...... 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