Tpg Growth

TPG will remain strong partner in insurance, new ventures: Shriram Fin head

In a Q&A, Umesh Revankar says no move by Piramal Group and TPG to sell stake in insurance biz for now

Silicon Valley veteran Dan Rosensweig joins upGrad's board of directors

Rosensweig also serves on the board of Adobe and is a senior advisor to TPG Growth Ventures & Kleiner Perkins

Private equity player TPG Growth sells Nykaa shares worth Rs 1,000 crore

Private equity player TPG Growth on Friday sold shares of e-commerce beauty company Nykaa for more than Rs 1,000 crore. As many as 5.42 crore shares of FSN E-Commerce Ventures, which runs Nykaa, were offloaded at a price of Rs 184.55 apiece through a block deal, as per data from the National Stock Exchange (NSE). The total value of the transaction is a little over Rs 1,000 crore, the data showed. These shares were acquired by various entities, including Societe Generale, HSBC Indian Equity Mother Fund and Goldman Sachs (Singapore) Pte, among others. The stock of Nykaa, which got listed last November, is in focus as the mandatory lock-in period for pre-offer investors came to an end on November 10. Shares of the company rose more than 3 per cent to close at Rs 192 apiece on the NSE on Friday.

Dr Agarwal's Health Care raises over Rs 1,000 cr from TPG Growth, Temasek

Dr Agarwal's Group of Eye Hospitals has added more than 60 units to its network in the past five years alone

Asia Healthcare-backed single-specialty clinics grew during pandemic

AHH now plans to make similar investments with focus on nephrology, gastroenterology, and ophthalmology among others

TPG Growth leads $33 million investment in Ess Kay Fincorp

Ess Kay Fincorp is a differentiated NBFC primarily providing financing for income generation activity to the commercial vehicle segment and small businesses in rural and semi-urban regions

TPG Growth-backed Asia Healthcare Holdings acquires Nova IVI Fertility

AHH plans to create the largest mother-and-child-focused healthcare platform in India

TPG enters India's pharma market with $30 mn investment in Solara Active

TPG Growth's first investment in India focused on life sciences

Shailesh Rao to lead TPG Growth and The Rise Fund in India and SE Asia

Rao has nearly 20 years of experience spanning some of today's most renowned technology companies

TPG Growth's impact fund invests $70 mn in Fourth Partner Energy

Fourth Partner Energy is a distributed energy management company with in-house capabilities across design, engineering, construction, service, monitoring and financing