Mumbai (Maharashtra) [India], August 17 (ANI/BusinessWire India): Vastu Housing Finance Corporation Limited, one of the country's leading digital-first housing finance companies has announced the appointment of Vishu Ramachandran on its Board as an Independent Director. Ramachandran is a globally acclaimed banker with hands-on experience in retail banking, risk management, operations, digital transformations, strategy, and corporate finance. He has worked for more than 35 years at Standard Chartered Bank in significant leadership roles and has been at the forefront of building the bank's franchise across Asia, the Middle East, and the African region. He is currently serving as a Non-Executive Board Member, Chairman of Board Risk Committee, Member of Audit Committee at Standard Chartered Bank Singapore Ltd. (SCBSL), and as the Board Chairman at Go Pik Connect Private Limited. Ramachandran is a Chartered Accountant from the Institute of Chartered Accountants of India and a gradua
Behind Falcon Edge s strategy of frenetic dealmaking in India
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How the fund moved quickly to invest in unicorns and backed 20 tech companies since last year
ETtech
Navroz Udwadia (left) and Rick Gerson, co-founders, Falcon Edge
MUMBAI: While Tiger Global, the vaunted New York-based investment fund, has captured headlines over the past few months across the technology and investing world for being a deal machine, an unexpected investor that has also been on a tear in India is a lesser-known, second-generation Tiger Cub Falcon Edge. Tiger Cubs are offshoots of Tiger Management, which was founded by Julian Robertson in 1980 and has birthed a slew of hedge-fund-style firms that have stayed true to their roots by being elusive and media-shy. (
Blume Ventures to raise new fund to offer exits to existing investors in rare startup move
Blume Ventures, the Mumbai-based startup investor, is preparing to raise a secondaries fund to replace existing investors with new ones and pump money in up to 12 businesses. February 05, 2021 / 05:48 PM IST
Indian starup investor Blume Ventures is in talks to raise a Rs 400-crore fund to buy out its own holdings in older portfolio companies and double down on a few of its existing investments, said people familiar with the matter.
The so-called secondary fund will give an exit option to early investors from whom Blume raised funds to invest in businesses. This kind of fund-raising unprecedented in the Indian venture capital space allows Blume to retain its stake in startups with a new set of investors.