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MOOVE FUNDING
Stride Ventures launches fourth fund, targets $300 million corpusAccording to the venture debt firm, it has fully returned Fund I, a $50 million fund launched in 2019, to its investors, which include bank...
Uber appoints Arnab Kumar director of business development for India & South AsiaKumar has had previous stints at cryptocurrency exchange Coinbase, investment fund Prosus Ventures, and at Indian think tank Niti Aayog, wh...
Series A2 round gets Moove $105 million in fundingMoove has raised $105 mn for scaling the vehicle financing all around MENA, Europe, and Asia. Moove is a fintech in Africa and provides fin...
Vini founder backs feminine hygiene startupAccording to estimates, the sanitary pad market in India is expected to touch Rs 25,000 crore in the next seven-eight years.The comparable ...
Vini Cosmetics promoter Darshan Patel plans to raise Rs 400 crore to fund buyoutsPatel is one of the three brothers who managed Paras Pharmaceuticals that had OTC brands like Itch-Guard, Krack, Moov and personal care bra...
GOQii raises Rs 88 crore funding led by Cheetah Mobile, New Enterprise AssociatesCheetah Mobile’s investment may also help in GOQii’s expansion in China and on mobilie platforms such as the Mi user interface of Xiaomi.
Ex-Paras Pharmaceuticals executives launch cosmeceutical startupThree former top executives of Paras Pharmaceuticals, the Ahmedabad company that owned brands such as Moov, Itch Guard and Dermicool, are b...
Paytm founder Vijay Shekhar Sharma invests in GOQiiWith operations across countries like Singapore, Malaysia, Dubai, Abu Dhabi and the US, GOQii has an existing user base of almost 50,000 cu...
Paytm’s CEO Vijay Shekhar Sharma invests in GOQii TechGOQii, founded by angel investor and former Indiagames CEO Vishal Gondal, said the latest funding takes the total amount invested in the Mu...
Actis exits Sterling Hospital, sells stake to chairman Girish PatelPrivate equity fund Actis said it will sell its 82 per cent holding in Sterling Hospital, which will be bought by the latter's Chairman Gir...
- Marico buys up personal care brands of Paras Pharmaceuticals from Reckitt Benckiser
Marico today acquired a part of the personal care business from Reckitt Benckiser India, which the domestic arm of the British major had bo...
- Parkway Holdings set to buy Sterling Hospitals
Singapore-based Parkway Holdings has emerged as a favoured bidder for Sterling Hospitals, an Ahmedabad-based group controlled by private eq...
- India Inc’s promoters back local PE funds like Access India, Nirvana Capital
Some of the cash-rich India Inc promoters are rolling up sleeves to be active investor managers in the new growth firms.
- Eyeing to buy Paras' personal care: Emami
Emami on Sunday said it is in talks with global FMCG giant Reckitt Benckiser to buy the personal care business of Paras Healthcare.
- From Paras to PE fund, Patel on the Moov
Barely two days after he sold off Paras Pharmaceuticals, Girish Patel is back to what he does best—building enterprise.
- Reckitt Benckiser to buy Paras Pharmaceuticals for Rs 3,260 crore
British consumer goods firm Reckitt Benckiser Group, confirmed it will buy Ahmedabad-based Paras Pharmaceuticals for 3,260 crore ($726 mill...
- Reckitt Benckiser may snap up Paras Pharma
A leading UK-based company is all set to buy Ahmedabad-based Paras Pharmaceuticals, a person close to the development said.
- Vinni to take on vaseline, pond’s & lux
Darshan Patel is a changed man. A year back when we spoke to the co-promoter of Paras Pharma who sold most of his stake in the makers of Mo...
- Sequoia invests $12 mn in Paras Pharma
Leading venture capital and growth equity investor Sequoia Capital India has invested $12 million in Ahmedabad-based over-the-counter (OTC)...
- Actis to buy 10% in Paras for Rs 100 cr
Private equity major Actis is close to picking up 10% in the Ahmedabad-based Paras Pharmaceuticals, the company that owns well known brands...