Paragon Partners

MO Alternates, Temasek, Paragon to invest Rs 800 crore in Niva Bupa

Health insurer Niva Bupa on Thursday said a clutch of private equity funds have committed to invest Rs 800 crore in the company. India Business Excellence Fund IV (MO Alternate Investment Advisors), Temasek and Paragon Partners Growth Fund II will be investing the money for a minority stake in the company, as per an official statement. The announcement comes within a fortnight of homegrown private equity major True North announcing a 20 per cent stake sale in the company to Bupa for Rs 2,700 crore, making the UK-headquartered company a majority owner in the company. "This latest injection of capital will play a pivotal role in propelling the company towards its long-term ambitions and strategic objectives," True North's partner Divya Sehgal said. True North had earlier said that future growth options for the company, in which it continues to hold a minority stake, could also include the public listing. The company's chief executive and managing director Krishnan Ramachandran said

Meat startup TenderCuts enters Bengaluru, to add 10 stores by year-end

Firm follows omni-channel model; the order a customer places for a product is directed to nearest TenderCuts store and the butcher slices the meat only after the order is received

We do have banking ambitions, says Incred Group's Bhupinder Singh

BHUPINDER SINGH, the shadow banking entity's founder and chief executive officer, spoke to Raghu Mohan

Paragon Partners invests Rs 750 mn in women's fashion brand eShakti

Over the last 10 years, Chennai-based eShakti has risen to be a mainstream brand in the US and also has presence in Australia and Canada

Paragon Partners invests Rs 100 crore in two firms

The two are raising their first fund with a targeted corpus of $200 million

We didn't go into the market with a blind pool: Siddharth Parekh & Sumeet Nindrajog

Interview with Co-founders, Paragon Partners

Paragon Partners starts $200 mn India-focused mid-market PE Fund

The fund founded by Siddharth Parekh and Sumeet Nindrajog raised $50 mn and announced first investment of $10 mn in Capacite Infraprojects