Everise, a global healthcare services outsourcing company, announced the successful completion of the company’s previously announced investment from Warburg Pincus. Warburg Pincus joins existing investor Brookfield, valuing the company at around $1 billion, after less than seven years of operation. Against the backdrop of a globally ageing population and rising healthcare expenditure, the need to redefine traditional customer…
iCapital, the global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, announced that iCapital RF Advisor is expanding the investment mandate of the iCapital KKR Private Markets Fund (“the Fund”) to include sourcing direct investments from two additional leading private equity managers, Vista Equity Partners (Vista)…
Warburg Pincus, a global private equity firm, announced that an affiliate of private equity funds managed by Warburg Pincus LLC, has entered into definitive agreements to acquire a majority stake in Vistaar Finance, an NBFC lending to MSMEs in India. Exiting shareholders would include WestBridge Capital (WestBridge), Elevar Equity (Elevar), Omidyar Network India (Omidyar) and…
Gradiant, a global end-to-end cleantech water treatment solutions provider and projects developer, has announced it has raised over $100 million in Series C funding. The round was led by financial and strategic partners Warburg Pincus and Schlumberger New Energy and was oversubscribed from its initial target of $65 million. The round brings Gradiant’s total funding…
Warburg Pincus, a global growth investor, has announced the appointment of Brian Duffy as a Senior Adviser in its Technology group. In his role, Brian will work with Warburg Pincus and its portfolio companies to accelerate innovation and digital transformation and to identify and evaluate new investment opportunities in the global technology industry. Brian brings…
Funds advised by Apax Partners LLP, a private equity firm, and Warburg Pincus LLC, a global growth investor, have agreed to acquire T-Mobile Netherlands Holding B.V. from Deutsche Telekom AG and Tele2 AB. The transaction values the company at an Enterprise Value of €5.1bn. Both Apax and Warburg Pincus have long-standing experience and track-records in…
Ola, a mobility platform, has announced that Temasek and Plum Wood Investment Ltd, an affiliate of Warburg Pincus, a global private equity fund focused on growth investing, are partnering with Ola founder Bhavish Aggarwal for a $500M investment ahead of Ola’s IPO. The platform said in a statement, “This is amongst the largest investments in…
Insilico Medicine, an end-to-end artificial intelligence for target discovery, small molecule chemistry, and clinical development company, has announced that it has closed a $255 million Series C financing led by Warburg Pincus. The financing was also participated by current investors including Qiming Venture Partners, Pavilion Capital, Eight Roads Ventures, Lilly Asia Ventures, Sinovation Ventures, BOLD…
Aura, a provider of comprehensive digital security for consumers, has announced a $150 million Series E funding round led by Warburg Pincus, a global growth equity firm. Chandler Reedy, Managing Director and Head of Strategic Investments, Warburg Pincus and Brian Chang, Managing Director, Warburg Pincus, will join the Aura board of directors. Aura has raised a total of approximately $450…
Helix, the leading population genomics and COVID-19 testing company, has closed on its Series C funding round led by existing investors Warburg Pincus, DFJ Growth, Kleiner Perkins Caufield Byers, Mayo Clinic and Temasek. The $50M round will be used to accelerate the organization’s population genomics platform across health systems, life sciences companies, and payers as well as power…
boAt raises funding from Qualcomm Ventures, the investment arm of Qualcomm Incorporated and an industry leader in wireless technologies. The investment will support the brand’s journey to rollout the next-generation audio & lifestyle products across geographies, the release said. boAt, the #1 audio wear brand in India, continues to achieve rapid revenue growth – 100%+…
Lemon Tree Hotels has announced the acquisition of 70% stake in Hamstede Living Private Limited. Post acquisition, Hamstede will become a wholly owned subsidiary of the Company, the statement said. “In terms of the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosures Requirements) Regulations, 2015, we would…
Bharti Airtel, a digital communications Company, has said that it will acquire a Warburg Pincus affiliate’s 20% equity stake in its DTH arm Bharti Telemedia for a total consideration of ~ INR 31,260 million which will be discharged primarily via issuance of ~36.47 million equity shares of Airtel at a price of INR 600 per…
Personetics, a provider of data-driven personalization and customer engagement solutions for banks and financial services providers, has raised $75m in growth funding from Warburg Pincus LLC, a global private equity firm focused on growth investing. Personetics is backed by Viola Ventures, Lightspeed Ventures, Sequoia Capital and Nyca Partners. Terms of the transaction were not disclosed. …
Indian electronics and lifestyle startup, boAt has raised approximately $100 million from an affiliate of Warburg Pincus, a global private equity fund focused on growth investing. “We welcome Warburg Pincus as a new investor into the company. This is a vote of confidence for our business model and growth prospects. The investment is great news for…