KKR, Peak XV, ADIA, Ashish Life Science in deal news; Q&A with Beams Fintech Fund's co-founder

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[Read more](=/5/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2trcnN0cmlrZXMtdGhpcmQtaGVhbHRoY2FyZS1kZWFsLW9mLXRoaXMteWVhci10by1hY3F1aXJlLXJlZ2lvbmFsLWhvc3BpdGFsLWNoYWlu/6682bd42251525baa3d7ac6d-20240701) --------------------------------------------------------------- Venture Capital [Peak XV in advanced stage of talks to bet on healthy food brand](=/6/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BlYWt4di1pbi1hZHZhbmNlLXN0YWdlcy1vZi10YWxrcy10by1iZXQtb24taGVhbHRoeS1mb29kLWJyYW5k/6682bd42251525baa3d7ac6d-20240701) Venture capital firm Peak XV Partners, previously known as Sequoia Capital India and Southeast Asia, is in advanced stage of talks to invest in a ...... [Read more](=/7/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BlYWt4di1pbi1hZHZhbmNlLXN0YWdlcy1vZi10YWxrcy10by1iZXQtb24taGVhbHRoeS1mb29kLWJyYW5k/6682bd42251525baa3d7ac6d-20240701) --------------------------------------------------------------- Venture Capital [Ashish Life Science in talks to raise fresh capital as early backers explore exit](=/8/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2FzaGlzaGxpZmUtc2NpZW5jZS1pbi10YWxrcy10by1yYWlzZS1mcmVzaC1jYXBpdGFsLWFzLWVhcmx5LWJhY2tlcnMtZXhwbG9yZS1leGl0/6682bd42251525baa3d7ac6d-20240701) Animal-focused pharmaceuticals company Ashish Life Science Pvt. Ltd is in talks to raise a fresh round of equity funding after a hiatus of more than ...... [Read more](=/9/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2FzaGlzaGxpZmUtc2NpZW5jZS1pbi10YWxrcy10by1yYWlzZS1mcmVzaC1jYXBpdGFsLWFzLWVhcmx5LWJhY2tlcnMtZXhwbG9yZS1leGl0/6682bd42251525baa3d7ac6d-20240701) --------------------------------------------------------------- =/10/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JlYW1zZmludGVjaC1zLXNhZ2FyLWFnYXJ2d2FsLW9uLWZhbGwtaW4tdmFsdWF0aW9ucy1wb3J0Zm9saW8tZXhwYW5zaW9uLWFuZC1tb3Jl/6682bd42251525baa3d7ac6d-20240701 Venture Capital [Beams Fintech’s Sagar Agarvwal on fall in valuations, portfolio expansion and more](=/11/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JlYW1zZmludGVjaC1zLXNhZ2FyLWFnYXJ2d2FsLW9uLWZhbGwtaW4tdmFsdWF0aW9ucy1wb3J0Zm9saW8tZXhwYW5zaW9uLWFuZC1tb3Jl/6682bd42251525baa3d7ac6d-20240701) Beams Fintech Fund, a private investment firm focused on growth-stage financial services and software companies, is raising around $100 million for ...... [Read more](=/12/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JlYW1zZmludGVjaC1zLXNhZ2FyLWFnYXJ2d2FsLW9uLWZhbGwtaW4tdmFsdWF0aW9ucy1wb3J0Zm9saW8tZXhwYW5zaW9uLWFuZC1tb3Jl/6682bd42251525baa3d7ac6d-20240701) --------------------------------------------------------------- Private Equity [Actis-backed India highways InvIT raises $182 mn](=/13/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2FjdGlzYmFja2VkLWluZGlhLWhpZ2h3YXlzLWludml0LXJhaXNlcy0xODItbW4=/6682bd42251525baa3d7ac6d-20240701) An Indian infrastructure investment trust (InvIT) in the highways sector, backed by the UK-based private equity firm Actis, has raised Rs 1,520 crore...... [Read more](=/14/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2FjdGlzYmFja2VkLWluZGlhLWhpZ2h3YXlzLWludml0LXJhaXNlcy0xODItbW4=/6682bd42251525baa3d7ac6d-20240701) --------------------------------------------------------------- =/15/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BlYmFja2VkLWZpYmUtdG8tc2hhcnBlbi1mb2N1cy1vbi1wcm9maXRhYmlsaXR5LWFmdGVyLWZ5MjQtYXVtLXJldmVudWUtZG91Ymxl/6682bd42251525baa3d7ac6d-20240701 Startups [PE-backed Fibe to sharpen focus on profitability after FY24 AUM, revenue double](=/16/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BlYmFja2VkLWZpYmUtdG8tc2hhcnBlbi1mb2N1cy1vbi1wcm9maXRhYmlsaXR5LWFmdGVyLWZ5MjQtYXVtLXJldmVudWUtZG91Ymxl/6682bd42251525baa3d7ac6d-20240701) Digital lending platform Fibe expects business growth to moderate this fiscal year as it intends to sharpen its focus on improving operational ...... [Read more](=/17/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BlYmFja2VkLWZpYmUtdG8tc2hhcnBlbi1mb2N1cy1vbi1wcm9maXRhYmlsaXR5LWFmdGVyLWZ5MjQtYXVtLXJldmVudWUtZG91Ymxl/6682bd42251525baa3d7ac6d-20240701) --------------------------------------------------------------- Private Equity [SoftBank-backed Ola Electric working to build solid-state batteries](=/18/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NvZnRiYW5rYmFja2VkLW9sYS1lbGVjdHJpYy13b3JraW5nLXRvLWJ1aWxkLXNvbGlkLXN0YXRlLWJhdHRlcmllcw==/6682bd42251525baa3d7ac6d-20240701) India's Ola Electric is working to build solid-state batteries and expects its vehicles to be powered by its own cells next year, the founder and ...... [Read more](=/19/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NvZnRiYW5rYmFja2VkLW9sYS1lbGVjdHJpYy13b3JraW5nLXRvLWJ1aWxkLXNvbGlkLXN0YXRlLWJhdHRlcmllcw==/6682bd42251525baa3d7ac6d-20240701) --------------------------------------------------------------- Venture Capital [Matrix Partners India rebrands as Z47 in global restructuring](=/20/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21hdHJpeHBhcnRuZXJzLWluZGlhLXJlYnJhbmRzLWFzLXo0Ny1pbi1nbG9iYWwtcmVzdHJ1Y3R1cmluZw==/6682bd42251525baa3d7ac6d-20240701) Matrix Partners India, one of the most active venture capital firms in the country, has rebranded itself to Z47 as part of a global restructuring ...... [Read more](=/21/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21hdHJpeHBhcnRuZXJzLWluZGlhLXJlYnJhbmRzLWFzLXo0Ny1pbi1nbG9iYWwtcmVzdHJ1Y3R1cmluZw==/6682bd42251525baa3d7ac6d-20240701) --------------------------------------------------------------- People [JSA ropes in former IndusLaw partner, three others](=/22/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2pzYXJvcGVzLWluLWZvcm1lci1pbmR1c2xhdy1wYXJ0bmVyLXRocmVlLW90aGVycw==/6682bd42251525baa3d7ac6d-20240701) Law firm J Sagar Associates (JSA) has roped in the former partner from dispute resolution practice of rival law firm IndusLaw, along with her team...... [Read more](=/23/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2pzYXJvcGVzLWluLWZvcm1lci1pbmR1c2xhdy1wYXJ0bmVyLXRocmVlLW90aGVycw==/6682bd42251525baa3d7ac6d-20240701) --------------------------------------------------------------- Credit [CPPIB-backed developer taps offshore investor for Chennai office park](=/24/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2NwcGliYmFja2VkLWRldmVsb3Blci10YXBzLW9mZnNob3JlLWludmVzdG9yLWZvci1jaGVubmFpLW9mZmljZS1wYXJr/6682bd42251525baa3d7ac6d-20240701) An Indian real estate development company that counts Canada Pension Plan Investment Board (CPPIB) as a significant shareholder has reached out to ...... 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[Read more](=/27/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3dpZnljYXV0aW8tcmFpc2UtZWFybHktc3RhZ2UtZnVuZGluZw==/6682bd42251525baa3d7ac6d-20240701) --------------------------------------------------------------- People [Cyril Amarchand Mangaldas, Trilegal appoint new partners](=/28/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2N5cmlsYW1hcmNoYW5kLW1hbmdhbGRhcy10cmlsZWdhbC1hcHBvaW50LW5ldy1wYXJ0bmVycw==/6682bd42251525baa3d7ac6d-20240701) Cyril Amarchand Mangaldas (CAM) said on Monday that they have elevated fifteen of their lawyers to partnership across three practice areas namely ...... [Read more](=/29/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2N5cmlsYW1hcmNoYW5kLW1hbmdhbGRhcy10cmlsZWdhbC1hcHBvaW50LW5ldy1wYXJ0bmVycw==/6682bd42251525baa3d7ac6d-20240701) --------------------------------------------------------------- Markets [SoftBank-backed FirstCry, Unicommerce get SEBI nod for IPOs](=/30/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NvZnRiYW5rYmFja2VkLWZpcnN0Y3J5LXVuaWNvbW1lcmNlLWdldC1zZWJpLW5vZC1mb3ItaXBvcw==/6682bd42251525baa3d7ac6d-20240701) Two companies backed by SoftBank--Brainbees Solutions Ltd, the parent company of baby products retailer FirstCry and e-commerce-focused SaaS company ...... [Read more](=/31/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NvZnRiYW5rYmFja2VkLWZpcnN0Y3J5LXVuaWNvbW1lcmNlLWdldC1zZWJpLW5vZC1mb3ItaXBvcw==/6682bd42251525baa3d7ac6d-20240701) --------------------------------------------------------------- Private Equity [Dubai's TVM Capital backs healthcare player from Saudi-focused fund](=/32/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2R1YmFpcy10dm0tY2FwaXRhbC1iYWNrcy1oZWFsdGhjYXJlLXBsYXllci1mcm9tLXNhdWRpLWZvY3VzZWQtZnVuZA==/6682bd42251525baa3d7ac6d-20240701) TVM Capital Healthcare, an emerging markets-focused healthcare private equity firm, has backed a Saudi Arabian bio-generic drugs manufacturing company...... [Read more](=/33/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2R1YmFpcy10dm0tY2FwaXRhbC1iYWNrcy1oZWFsdGhjYXJlLXBsYXllci1mcm9tLXNhdWRpLWZvY3VzZWQtZnVuZA==/6682bd42251525baa3d7ac6d-20240701) --------------------------------------------------------------- General [Grapevine: Platinum Equity makes first India bet; Flipkart ropes in former SoftBank exec](=/34/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dyYXBldmluZXBsYXRpbnVtLWVxdWl0eS1tYWtlcy1maXJzdC1pbmRpYS1iZXQtZmxpcGthcnQtcm9wZXMtaW4tZm9ybWVyLXNvZnRiYW5rLWV4ZWM=/6682bd42251525baa3d7ac6d-20240701) US-based buyout fund Platinum Equity Advisors has struck its maiden bet in India as it acquired a stake in a Mumbai-based pharmaceutical company, a ...... [Read more](=/35/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dyYXBldmluZXBsYXRpbnVtLWVxdWl0eS1tYWtlcy1maXJzdC1pbmRpYS1iZXQtZmxpcGthcnQtcm9wZXMtaW4tZm9ybWVyLXNvZnRiYW5rLWV4ZWM=/6682bd42251525baa3d7ac6d-20240701) --------------------------------------------------------------- Insights Focus [Fourth Episode of Crafting Bharat Podcast Series: A Treasure Trove of Insights into India's Startup Landscape](=/36/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2ZvdXJ0aGVwaXNvZGVvZi1jcmFmdGluZy1iaGFyYXQtcG9kY2FzdC1zZXJpZXMtYS10cmVhc3VyZS10cm92ZS1vZi1pbnNpZ2h0cy1pbnRvLWluZGlhLXMtc3RhcnR1cC1sYW5kc2NhcGU=/6682bd42251525baa3d7ac6d-20240701) There is no one-size-fits-all formula for startup success, each company’s journey is unique and full of uncertain challenges. The founders behind ...... 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