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NEO GROUP FUNDING
NARCL makes fifth exit with Rs 575 crore recoveryAgson Global, a manufacturer of aroma ingredients, was admitted to insolvency proceedings by the National Company Law Tribunal following a ...- INOXGFL leads race for Vena's India biz buyout; Proposed deal may give Rs 4,500-5,000 crore enterprise valueINOXGFL Group is poised to acquire Vena Energy's Indian renewable energy business. The deal is valued between ₹4,500-5,000 crore. This move...
- Karyan Group launches luxury project worth Rs 900 crore in Ghaziabad; customers can expect high demand for homes starting at Rs 2 croreKaryan Group will invest Rs 900 crore in a new luxury housing project in Ghaziabad. The project, Trevana Residences, will feature 608 homes...
- Gold loan startups find new shine; Infy Q4 profit jumpsHappy Friday! Gold loan fintechs are moving towards building their own loan books. This and more in today's ETtech Morning Dispatch.
- Inox Clean Energy eyes $750M Boviet Solar buy to enter US marketIndian renewable energy firm Inox Clean Energy plans to acquire US-based Boviet Solar. This strategic move aims to expand Inox's footprint ...
- Slice eyes $50-100 million funding at lower valuation, sharpens digital bank pitchThe small finance bank has held discussions with VC funds and other investors at a time when fintech sector has come under increasing regul...
- Neo Alternative Asset Managers bets on real estate, ropes in ex-Walton Street India trio to lead chargeNeo Alternative Asset Managers is expanding into real estate. The firm has hired a seasoned team from Walton Street India to lead its new i...
- TVS Capital invests Rs 500 crore in Neo Group at Rs 10,000 crore valuationThis is TVS Capital’s first bet in the wealth management space. The Mumbai-based wealth and asset management company will use the new funds...
- Neo Asset Management launches India's first independent multi-AMC fund from GIFT CityNeo Asset Management has launched the India All-Cap Core Equity Fund, an open-ended, multi-manager Fund of Funds anchored in GIFT city's Ca...
- Neo Asset Management makes first close of Rs 2,000 crore secondaries fundThe Securities and Exchange Board of India-registered Category-II alternative investment fund focuses on acquiring secondary stakes in unli...
- Wealth manager lures India bankers with 60% revenue sharingNeo Group, an Indian money manager, is intensifying competition for talent by offering senior bankers up to 60% of the revenue they generat...
- ETtech Deals Digest: Startup funding surges 170% YoY to $238 million this weekThe funds were raised by startups, mostly in the early and late stages, through 23 rounds. In the same week last year, $88.3 million was ra...
- Wealth management startup Neo Group secures Rs 400 crore from MUFG Bank, Euclidean CapitalThe Peak XV Partners-backed firm is building a wealth management platform focused on the premium segment of Indian consumers. The funds wil...
- OpenAI-backed 1X raises $100 million to build next-gen humanoid robotsAs part of the round, 1X also facilitated a significant secondary transaction in which existing investor Sandwater increased its stake with...
- ETtech Deals Digest: Early-stage deals in focus as startup funding remains muted at $146 million this weekIndian startups secured $146 million in funding across 22 rounds this week, down 70% from last year’s $494 million across 46 rounds, accord...
- Wealth management firm Neo raises $35 million from Peak XV PartnersThe round marks one of the bigger growth cheques that Peak XV has written this year after separating from its US-franchise Sequoia Capital,...
- TPG, Tepco, Brookfield in talks for JSW Neo stakePrivate equity investors TPG, Tepco, and Brookfield are in advanced discussions to purchase a minority stake in JSW Neo Energy. JSW Group a...
- JSW Group plans to sell minor stake in Neo Energy for $500 mJSW Group is looking to sell a minority stake in JSW Neo Energy, a subsidiary of listed JSW Energy, to raise up to $500 million, people awa...
- Neogrowth Credit gets Rs 15 crore in round 3 fundingNeoGrowth Credit, a Mumbai-based financial technology company, has raised RS 15 crore from Frontier Investments Group.
- Sony eyes 26% in Neo Sports at Rs 315 crSony Entertainment Television is back in the hunt for cricket properties after losing out on the Ten Sports deal and withdrawing from the r...
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