🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Former Apax India PE head picks up stake in AI firm Ascendion
VCCircle
·
6m ago
Medial
Shashank Singh, former India head of Apax Partners, has acquired a significant equity stake in Ascendion, a US-based AI software engineering firm. After leaving Apax in 2023, Singh becomes Ascendion's first external investor and newest board member. His role will focus on accelerating Ascendion's market leadership in AI-powered software engineering. Singh's investment marks a strategic step for the company, enhancing its capabilities and market position.
View Source
Related News
Apax Partners names new India head, to speed up dealmaking
VCCircle
·
6m ago
Medial
Apax Partners named Anurag Sud as the new head of its India operations, aiming to accelerate investments in the country. The private equity firm has made only two investments in India over the past two years but managed at least three successful exits. This strategic leadership change underscores Apax Partners' focus on ramping up its deal-making activities in India to capitalize on emerging opportunities in the region’s dynamic investment landscape.
View Source
Apax Partners generates over $90 mn liquidity from India portfolio
VCCircle
·
1y ago
Medial
London-based private equity investor Apax Partners has recently generated over $90 million in liquidity from its Indian healthcare portfolio firm. This move highlights Apax Partners' successful monetization activities in India, as it withdraws a third of its initial investment amount. The private equity firm's India head, Anurag Sud, has played a key role in this achievement.
View Source
Canadian PE firm Clairvest-controlled A23 to buy Delta’s online poker arm Adda52
VCCircle
·
5m ago
Medial
Head Digital Works Pvt Ltd, owned by Canadian private equity firm Clairvest Group, is acquiring Delta Corp's online poker platform Adda52 in a deal valued at approximately Rs 491 crore. The transaction involves Head Digital first acquiring a 51% stake in Deltatech Gaming, which operates Adda52, followed by a merger. Delta Corp will receive a stake in Head Digital, which aims to enhance Adda52’s leading position in India's online poker market.
View Source
PE fund Somerset picks up minority stake in Cyrix Healthcare for Rs 140 crore
Economic Times
·
8m ago
Medial
Private equity firm Somerset Indus Capital has acquired a minority stake in Cyrix Healthcare, a healthcare solutions provider based in Kochi, India. The deal, worth Rs 140 crore, involved both primary and secondary capital. Cyrix Healthcare, established in 2001, offers maintenance and service solutions for medical equipment and operates across India and the Middle East. The transaction is expected to support Cyrix's expansion in the healthcare infrastructure sector, specifically in equipment servicing. Financial advisory firm Advay Capital Advisors assisted Cyrix and its promoters during the transaction.
View Source
Leo Puri named Apax Partners adviser and chairman of India arm
Livemint
·
1y ago
Medial
Private equity firm Apax Partners has appointed Leo Puri as an adviser and chairman of Apax India. Puri will work with Apax to develop its long-term growth strategy in the region and provide strategic advice on operational input and new investment opportunities. Anurag Sud will continue to lead day-to-day operations in India, while Puri brings his three decades of financial services experience to the company. Apax Funds has invested $2.3bn in India across nine deals since 2006 and Puri's appointment is an effort to strengthen its presence in the country.
View Source
PE investor Creador picks up minority stake in Hinduja Tech
VCCircle
·
1y ago
Medial
Hinduja Tech, the digital engineering arm of Hinduja Group, has sold a minority stake to Creador, a South and Southeast Asia-focused private equity firm. Creador will invest $50 million for a 19.6% stake in Hinduja Tech, valuing the company at approximately $255 million. Hinduja Tech plans to use the capital to pursue new opportunities in the sustainable mobility engineering sector and expand its global presence. In the fiscal year 2023, the company's operating revenue grew by nearly 54% to Rs 393 crore.
View Source
Apax Partners Eyeing To Scale Up Its India Investments With New Team
Inc42
·
1y ago
Medial
London-based private equity firm Apax Partners is planning to increase its investments in India across pharmaceuticals, consumer, and consumer derivative markets. The firm has invested approximately $3.5 billion in India over the past two decades and has recently built a team dedicated to scouting buyout opportunities in the country. Apax aims to acquire controlling stakes in Indian companies and is open to partnerships with founders and management teams. The firm's focus is on sectors such as pharma, consumer goods, consumer derivatives, and tech services. Apax has allocated 7-10% of its global fund to India.
View Source
Peak XV, Madison India PE join other co-investors to monetise India tech bet
VCCircle
·
1y ago
Medial
Venture capital firm Peak XV Partners and private equity firm Madison India Capital have teamed up with other co-investors to monetize their investment in an Indian tech company. The firms, along with Elevation Capital and others, are planning to sell their stake in a new-age portfolio company. Peak XV Partners was formerly known as Sequoia Capital India and Southeast Asia.
View Source
Former Alibaba, 9Unicorns execs float VC fund
VCCircle
·
1y ago
Medial
Former Alibaba India investment head Raghav Bahl and former partner of venture capital firm 9Unicorns Soham Avlani have partnered to launch a new venture capital firm called Promaft Partners. The firm aims to invest in early-stage companies with a strong product-market fit.
View Source
Multiples PE picks up majority stake in QBurst, plans more control deals
VCCircle
·
6m ago
Medial
Multiples Alternate Asset Management, a private equity firm led by Renuka Ramnath, has acquired a controlling stake in QBurst with a $200 million investment. This marks the firm’s largest control investment in technology services, focusing on enterprise tech as a key sector. Multiples plans to invest nearly $2 billion in the segment over five years. QBurst will use the partnership to enhance talent, emerging tech investments, and strategic acquisitions, while its founders retain a significant stake.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
