Private Equity

Ireo plans to launch its second reality PE fund with a target corpus of R1,000 Cr, BS states.

Nexus Venture Partners and Kae Capital backed CloudByte has raised $4 Mn in a new round of funding from Fidelity Growth Partners India and its existing investors.

Jones Lang LaSalle's Segregated Funds Group has achieved the first close of its maiden real estate fund in India, ET states.

Chennai-based dermatology company, Curatio Healthcare is in talks with two PE funds managed by Tata Capital - Tata Capital Healthcare Fund and Tata Capital Growth Fund to raise R300 Cr, ET states.

India-focused investment firm TriVeda Capital TriVeda Capitalis planning to launch real estate fund by this year, Et States.

Asian Healthcare Fund is close to investing in Wellspring Healthcare, which operates a regional chain of primary healthcare clinics under the brand name Healthspring community medical centers in western India, Et States.

Avenue Ventures Real Estate Fund has invested R25 Cr in Casa Grande, Chennai based premium real estate firm at project level, IIFL states. This is the first tranche of investment out of the total planned investments of R55 Cr.

NanoCoat Chemtech, a Hyderabad-based start-up is looking to raise nearly R20 Cr through a private equity placement to fuel its capacity expansion plans, BS states.

Norwest Venture Partners is investing R60 Cr in Snowman Logistics for about 14% stake in the company, a BSE filing stated. Further, Gateway Distriparks has executed a SPA with IFC to acquire about 5 % (Pre-NVP investment) of IFC's stake in Snowman Logistics for about R18 Cr.