Founded in 2010 by entrepreneurs Vivek Subramanian and Saif Dhoraijwala, FPEPL has raised ₹1,600 crore in equity funding since its inception, with investments from funds like TPG s Rise Fund and Norfund, a Norwegian development-focused fund.
Billionaire Elon Musk-led Tesla is in talks with Reliance Industries Ltd (RIL) to establish a joint venture for manufacturing electric vehicles (EV) in India, a media ..
Raghavendra Rao, a former deputy managing director at the bank, Narayanan Sadanandan, a former CEO of SBI Pension Funds, and Anoop Krishna, former chief general manager of the corporate group at SBI, will join the private credit fund.
Private credit, an asset class which involves offering debt to companies via alternative investment funds, must be a key component of limited partners’ portfolios because ..
The promoter has raised ₹350 crore in debt from Modulus Alternatives to help with the buyout. The fund, borrowed at the promoter level, is being used to refinance the debt.