PE-backed Parag Milk Foods to raise debt funding from IFC
Parag Milk Foods Ltd, the dairy and value-added products manufacturer that offers brands including the Go brand of cheese, will get debt funding from the World Bank’s International Finance Corporation (IFC). In a disclosure, the development finance institution (DFI) said its board has approved an investment of up to $41 million (Rs 302.6 crore) in […]
Private Credit Shop Pemberton Adds $2.2 Billion to War Chest
Pemberton Capital Advisors LLP has raised more than $2.2 billion for its flagship strategy of providing credit to mid-sized companies in Europe. The private credit manager held a first close for the mid-market strategy, which focuses on core direct lending, at the end of 2020, according to a person familiar with the matter who asked […]
Indian electronics and lifestyle startup “Boat” raises $100 million from Warburg Pincus
Boat, an electronics and lifestyle startup in India, has raised $100 million in a new financing round that many independent investors termed as the most successful hardware startup story to date in the world’s second-largest internet market. An affiliate of Warburg Pincus, a New York-headquartered private equity firm, financed the entire Series B round for the four-year-old […]
RIL deals lift PE-VC funding to $39 billion in 2020, highest in 5 years
On the back of Reliance’s fund-raising spree, private equity (PE) and venture capital (VC) investments in 2020 beat the pandemic blues and recorded the highest level in the last five years at $39.2 billion across 814 deals. This was 6.6% higher than 2019, which had seen 1,012 deals. Investments into RIL’s businesses made up 44% […]
