🚀 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
Spotlight: How Actis-owned Profectus plans to revive growth after hitting a bump
VCCircle
·
7m ago
Medial
Profectus Capital Pvt. Ltd, an Indian non-banking finance company owned by British private equity firm Actis, is experiencing a significant slowdown in profit growth due to halted loan growth and rising bad debts. Despite these challenges, the company is recalibrating its business strategy to revive growth. CEO KV Srinivasan is steering efforts to stabilize the company’s financial health and ensure sustainable development in response to the current fiscal pressure.
View Source
Related News
Bottomline: Actis owned lender Profectus ups profit, AUM nearing $500 mn mark
VCCircle
·
1y ago
Medial
Profectus Capital Pvt. Ltd., a non-banking financial company owned by Actis, has reported an increase in assets under management (AUM) and improved financial metrics for the financial year 2024. The AUM of Profectus Capital is nearing the $500 million mark, following Actis' acquisition of the company in 2019.
View Source
Actis may trim Profectus stake; Goldman to double down on MoEngage
VCCircle
·
1y ago
Medial
Private equity firm Actis is reportedly considering selling a stake in Profectus Capital, a non-banking finance company it fully owns. Actis is said to be looking to dilute its stake through a combination of a primary issue and a secondary sale of shares. In other news, Goldman Sachs is reportedly planning to increase its investment in marketing automation platform MoEngage. The move aims to capitalize on the growing demand for digital marketing tools and services.
View Source
Actis-owned BluPine looks to lift investment target in growth drive
VCCircle
·
10m ago
Medial
- BluPine Energy, the Indian renewable energy platform of Actis, plans to increase its investment target as it aims to reach 4GW installed capacity in the next four-five years. - The company is owned by private equity firm Actis. - BluPine Energy is looking to upscale its investment plans to achieve its growth target. - The renewable energy platform is focused on expanding its presence in India's renewable energy sector. - BluPine Energy aims to contribute to India's clean energy goals by increasing its installed capacity.
View Source
Actis ramps up India roads portfolio with $92-mn deal
VCCircle
·
10m ago
Medial
- Actis, a UK-based private equity firm, has acquired an 89-km highway project in India for Rs 775 crore ($92.3 million). - This acquisition is aimed at expanding Actis' India roads portfolio. - The deal was made in collaboration with American growth investor General Atlantic. - The acquisition is expected to be completed in the next 15 months. - The acquisition will contribute to Actis' growth strategy in the Indian market.
View Source
Actis makes over $200-mn monetisation move from biggest India bet
VCCircle
·
1y ago
Medial
Actis, a private equity firm with a focus on emerging markets, has initiated a plan to monetise its largest investment in India, valued at over $200 million. After a successful 2022, during which it made deals worth over $1 billion, Actis had a relatively quiet 2023. This move marks its first major action of the new year. Though the specific details of the monetisation strategy have not been disclosed, Actis had previously closed four transactions in India.
View Source
Investors eye stake buy in BluPine Energy in heated M&A market
Livemint
·
7m ago
Medial
Investors are showing interest in BluPine Energy, a renewable power platform incorporated in India by Actis Capital. The London-based private equity firm is reportedly considering divestment options after investment bankers approached them with offers. BluPine currently has 2.6 GW of solar and wind energy assets in India, and Actis aims to achieve over 4 GW of renewable energy by 2028. The potential transaction could be valued at around $1 billion. However, Actis denied rumors of exploring divestment, calling the information misleading and incorrect.
View Source
NTT sells controlling stake in Pune-based Nihilent to promoter
Economic Times
·
1y ago
Medial
Japanese telecommunication giant NTT Corporation has sold its controlling stake in IT consulting firm Nihilent Ltd to the founder and promoter LC Singh. The deal size was not disclosed, but NTT was seeking a valuation of around $314 million for Nihilent. Singh exercised his right of refusal and bought back the stake through a leveraged buyout with financing from two funds. NTT became Nihilent's biggest shareholder in 2017. Singh plans to revive the IPO plans for Nihilent after 18 months and expects a 10% revenue growth for the current year.
View Source
What’s the game plan of life sciences VC fund floated by Actis-owned firm's execs?
VCCircle
·
7m ago
Medial
Three executives from Rx Propellant, a life sciences infrastructure provider owned by Actis, have launched a venture capital fund to invest in biotech startups. Vishal Goel and Jasmeet Chhabra, with a background in real estate investments, have joined forces with a former RX Proellant executive to form the new fund. The focus of the fund will be on supporting innovation in the biotech sector.
View Source
Actis buys Macquarie’s Stride Climate to expand India green energy portfolio
VCCircle
·
4m ago
Medial
Actis, a London-based private equity firm focused on sustainable infrastructure, has acquired Stride Climate Investments from Macquarie Asset Management to enhance its renewable energy assets in India. The portfolio includes 371MW of operating solar photovoltaic assets across 21 projects, mainly in Gujarat. Although financial details weren't disclosed, the deal's estimated value is between Rs 1,480-1,850 crore. Stride joins Actis' other Indian energy platforms, BluPine Energy and Athena Renewables, as part of their strategic growth in renewable energy.
View Source
Warburg Pincus-backed boAt revives IPO plan, taps bankers
VCCircle
·
6m ago
Medial
boAt, an audio products and wearables brand backed by Warburg Pincus, is preparing to revive its initial public offering (IPO) plans after more than two years. The company has engaged bankers to facilitate the process. Previously, boAt had shelved its IPO plans but is now looking to go public, highlighting a strategic move towards expanding its financial and market reach.
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
