Searched for
TPG ADVENT INVESTMENT
PE wars to billion-dollar IPO dreams, hospital sector is fighting fitMajor private equity firms are vying for a stake in Cloudnine, a leading maternity and paediatric care chain. This intense competition high...
Warburg, KKR, TPG among PE giants vying for 25% stake in CloudnineGlobal private equity giants, including Warburg Pincus and KKR, are vying for a 25% stake in India's largest maternity and pediatric hospit...
ETtech Explainer: Did OpenAI's new AI deployment venture just kill Indian IT stocks?Indian IT stocks plummeted to three-year lows following OpenAI's launch of a new venture focused on direct AI implementation for enterprise...
Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff follow...
OpenAI creates new unit with $4 billion investment to aid corporate AI pushOpenAI is launching a new venture with over four billion dollars. This new company will help businesses build and use artificial intelligen...
OpenAI finalises $10 billion joint venture with PE firms to deploy AIOpenAI has launched a new venture, The Deployment Company. It has secured over $4 billion from 19 investors. This company will focus on hel...
Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
OpenAI in talks to commit up to $1.5 billion to private equity joint venture: FTArtificial intelligence firm OpenAI is reportedly planning to invest up to $1.5 billion in a new joint venture, internally named 'DeployCo'...
OpenAI sweetens private equity pitch amid enterprise turf war with Anthropic, sources sayChatGPT maker OpenAI is offering private equity firms a guaranteed 17.5% return. This move aims to form joint ventures and boost enterprise...
OpenAI sweetens private equity pitch amid enterprise turf war with AnthropicOpenAI is offering private-equity firms a guaranteed minimum return of 17.5%, significantly higher than typical preferred instruments, sour...
OpenAI courts private equity to join enterprise AI venture: ReportOpenAI is in advanced talks with major private equity firms for a joint venture. This deal aims to boost corporate adoption of its AI produ...
TPG invests $150 million in Hero Electronix-owned TessolveTessolve, a Hero Electronix venture, receives $150 million from TPG Growth. TPG Growth acquires a significant minority stake in Tessolve. T...
PEs, sovereign funds pick up reins of late-stage tech funding as Tiger, SoftBank go slowTill last year, when the funding boom reached dizzying heights, these late-stage rounds were led by the likes of Tiger Global, SoftBank, Na...
Solara promoter, TPG plan to sell stake in companyThe company has seen a near five-fold jump in its share price, giving promoters Kumar and his partner KR Ravishankar an additional reason t...
Kedaara pads up to join fantasy sports platform Dream 11’s $200-million roundKedaara is competing with global and domestic funds such as TPG, Advent International, James Murdoch’s Lupa Systems and Chrys Capital that ...
Dream11 in fund-raising talks, valuation may touch $2.25 billionFinal round of discussions on with TPG, Advent, Lupa and ChrysCap to raise about $150-200 mn.
TPG, Lupa, Chrys Capital & Advent plan new innings with Dream 11Fantasy sports platform's valuation may touch $2.25 billion in the $150-200 million funding round.
CVC Capital, Carlyle could be shortlisted for Piramal, TPG stake in Shriram CapitalAdvent International has invested Rs 1,000 crore via its affiliate Jomei Investment in Aditya Birla capital last week.
Thomson Medical emerges top bidder for Advent International’s 72% stake in CARE HospitalsAbraaj and a consortium consisting of Temasek Holdings and TPG Growth Capital Fund are the two other final contenders to buy Advent’s stake.
Temasek-TPG, Abraaj Capital vie to acquire Care HospitalsThe two competing bids are in a close race after majority owner and private equity investor Advent International decided to sell its stake.