Multiples Private Equity News Today

A round-up of top newspaper stories to keep you ahead of others.

Indian pop artist Ananya Birla announced on social media yesterday that she’s calling time on her nearly decade-long music career to focus on her business ventures.

Stride Ventures closed a $165 million third fund, supported by various entities. The fund focuses on consumer and financial services sectors, with Apoorva Sharma explaining the adjustment from the initial $200 million target.

Capital pools have diversified amid the broader tech slowdown with large global, crossover and hedge funds mostly staying away from cutting new cheques. Domestic firms and family offices such as those run by Zerodha cofounder Nikhil Kamath, Manipal Group chairman Ranjan Pai, and Premji Invest have backed startups including Subko, Quorum Club, Kites Seniorcare and The Sleep Company.

Filter Capital closed its Rs 800 crore first fund, targeting Series B and C rounds in growth-stage companies. The Mumbai-based firm focuses on software services-linked businesses and plans to deploy capital for five years.

A round-up of top newspaper stories to keep you ahead of others.

The Ananya Birla-led firm, India’s second largest microlender, is set to raise ₹2,000 crore from private equity firms Advent International and Multiples Private Equity

US private equity firm KKR is considering an exit from Avendus Capital, a leading Indian financial services firm, more than eight years after acquiring a ......

Plenty Private Equity fund through its affiliate has sold 2.1% stake in leading multiplex chain PVR Inox through a bulk deal. In a separate deal, Multiples Private Equity fund has sold 1.99 lakh shares at Rs 1,753 in the company.

Bengaluru-based insurtech unicorn Acko’s net loss increased over 1.5X in the financial year ended March 31, 2023.