🚀 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
How Multiples-backed lender got a valuation bump with two new PE investors
VCCircle
·
1y ago
Medial
APAC Financial Services, a financial services provider backed by private equity firm Multiples, has raised additional capital from two alternative investment firms, resulting in a significant increase in its valuation. Led by CEO Renuka Ramnath, Multiples has invested in several companies in the banking, financial services, and insurance sector. The investment from the two new investors will likely boost APAC Financial Services' growth and expand its offerings in the market.
View Source
Related News
Multiples PE-backed Vastu Housing adding another investor to cap table
VCCircle
·
11m ago
Medial
Vastu Housing Finance Corp has added another investor to its cap table. The mortgage lender, which already has private equity and venture capital firms as shareholders, has attracted several new investors over the past year. Multiples PE, led by Renuka Ramnath, is the majority shareholder in Vastu Housing. The identity of the new investor has not been disclosed.
View Source
How M1xchange’s valuation bump with latest funding affects early investors
VCCircle
·
4m ago
Medial
M1xchange, a digital invoicing and discounting platform, has increased its valuation through a recent investment from Jindal Stainless Ltd and its subsidiary. This transaction not only boosts the company's valuation but also enhances the return multiples for early investors. Jindal Stainless Ltd, along with its subsidiary, acquired a 9.62% stake, reflecting confidence in M1xchange's growth and potential within the financial technology sector.
View Source
PE firm Multiples closes $430 Mn continuation fund
Entrackr
·
2m ago
Medial
Private equity firm Multiples Alternate Asset Management has raised $430 million for a continuation fund to extend its investment in three portfolio companies — Vastu Housing Finance, Quantiphi, and APAC Financial Services. The transaction allows investors in Multiples Fund II to monetize their investments while enabling the firm to continue holding on to high-performing assets, according to a press release. The continuation fund, which was oversubscribed, is backed by four global investors — HarbourVest Partners, Hamilton Lane, LGT Capital Partners, and TPG NewQuest. Some existing Fund II investors have also rolled over their commitments into the new vehicle. Vastu Housing Finance is focused on affordable housing credit, Quantiphi provides AI and digital engineering solutions, and APAC Financial Services is an emerging financial platform with a growing nationwide presence. The fund also includes additional capital for follow-on investments in these companies. Renuka Ramnath-led Multiples has backed more than 35 companies and seen exits across IPOs, strategic sales, and secondary transactions.
View Source
Multiples PE-backed Vastu Housing raises fresh capital from foreign investor
VCCircle
·
1y ago
Medial
Multiples Private Equity-backed mortgage lender, Vastu Housing Finance Corporation, has secured funding from an international development finance body to cater to the housing credit needs of low-income groups and women. The Mumbai-based firm aims to address the demand for housing finance that specifically targets women. Vastu Housing Finance Corporation focuses on providing mortgages for affordable homes.
View Source
Multiples PE mulls an exit move from healthcare portfolio firm
VCCircle
·
4m ago
Medial
Multiples Alternate Asset Management, led by CEO Renuka Ramnath, is considering selling its stake in a healthcare portfolio company, four years after its investment. This move follows the firm's recent exits from a textile company and partial divestments from an investment banking firm and a mortgage lender. This strategy aligns with Multiples PE's ongoing efforts to realize returns from its investments and optimize its portfolio.
View Source
Multiples PE nears deal for Smallcase stake
The Arc Web
·
1y ago
Medial
Private equity firm Multiples Alternate Asset Management is considering leading a $30-40 million funding round for Smallcase, a digital investment platform backed by Zerodha and Amazon. This could value Smallcase at over $300 million. Multiples, which traditionally invests in profitable companies and fintechs, raised a $640-million fund in 2023. Smallcase, which bundles securities for retail investors, has 100 million users and facilitated $9.3 billion in investments. It seeks funds to bolster cash reserves and invest in Zerodha Fund House.
View Source
Multiples PE-backed I-bank set to hit bourses; but what valuation is it seeking?
VCCircle
·
11m ago
Medial
A leading investment bank, backed by Multiples Private Equity and philanthropist Narotam Sekhsaria's family office, is preparing to go public. DAM Capital Advisors, known for managing IPOs and acquisitions of various companies, has filed for an Initial Public Offering (IPO). The valuation sought by the investment bank is currently unknown.
View Source
Multiples PE eyes Ebco; GIC, ADIA join PE consortium for Haldiram deal
VCCircle
·
1y ago
Medial
Indian private equity firm Multiples Asset Management is in advanced talks to acquire a controlling stake in furniture hardware company Ebco. If the negotiations are successful, Multiples will become the majority owner of Ebco. However, other investors are reportedly involved in the deal as well.
View Source
Flashback 2024: How PE-VC investors drove the $20-bn IPO boom
VCCircle
·
7m ago
Medial
In 2024, India's primary market experienced a boom with 336 companies launching initial public offerings (IPOs), driven by private equity and venture capital investors seeking to monetize their investments. This surge was fueled by the growing valuation multiples, leading to a $20 billion IPO market. The increased activity provided ample opportunities for these investors to take their portfolio companies public, contributing significantly to the expansion and dynamism of the Indian stock market.
View Source
Multiples PE makes its second bet in logistics sector
VCCircle
·
7m ago
Medial
Multiples PE, a private equity firm, has invested $35 million in logistics company INSTANT-XP for a minority stake. This is the firm's second bet in the logistics sector, after investing in Delhivery back in 2014. INSTANT-XP plans to use the investment to enhance its technological capabilities and expand its network and service offerings. No information was disclosed about the size of the stake acquired by Multiples or the company's valuation. INSTANT-XP offers transport, logistics, and container renting services, with a fleet of 1,110 vehicles.
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
