Tano Capital
PE-backed Arohan Financial Services files for India IPO
Arohan Financial Services, an Indian microfinance institution (MFI) that was acquired by Aavishkaar Group in 2012 and went on to receive funding from several other PE investors, has filed for a domestic IPO.
India cosmetics brand MyGlamm acquires content platform
MyGlamm, an online Indian cosmetics brand, has agreed to acquire POPxo, a women-focused content platform, for an undisclosed sum. Both companies have several VC backers.
India’s MyGlamm receives $6m Series A round
India-based beauty services start-up MyGlamm has raised $6 million in a Series A round led by French cosmetics giant L’Occitane and including participation from Tano Capital and Brand Capital.
India's PE-backed SSIPL files for IPO
SSIPL Retail, a footwear manufacturer and retailer based in India, has filed for an IPO, providing an exit for PE investor Tano Capital.
Tano Capital invests $8.5m in India's Safari Industries
Tano Capital will pay INR498 million ($8.5 million) for a 20% stake in Safari Industries India, a plastic moulded luggage maker, through a preferential allotment of shares.
Tano India backs Shree Shubnam Logistics
Tano Capital is set to invest INR800 million ($15 million) in Mumbai-based Shree Shubham Logistics (SSL) for an undisclosed stake, supporting the company's domestic expansion.
Craftsman Automation seeks $20m from PE investors
Coimbatore-based auto component manufacturer Craftsman Automation is in talks with private equity investors to raise a corpus worth between INR850 million and INRI billion.
Tano, TVS, Wolfensohn back Development Credit Bank
Tano Capital, TVS Capital and Wolfensohn Capital Partners will between them purchase a 10.34% stake in India’s Development Credit Bank for INR1 billion ($20.4 million). They are paying INR47.84 per share, a 1.89% premium to the company’s closing price...
Tano’s second India fund reaches final close at $111m
Tano Capital, an Asia focused alternative asset management firm, has reached a final close of $111.3 million for its second India private equity fund, having originally targeted $150 million.
Tano reaches $97m second close on India fund
Tano Capital has reached a $97 million second close on its latest India-focused vehicle, Tano India Private Equity Fund II, which has a final target of $150 million. The fund will look for growth capital investments in sectors such as infrastructure,...
Baring may invest $15 million in Shilpa Medicare
Baring Private Equity Partners India is considering a reported INR70 crore ($15 million) investment in pharmaceuticals manufacturer Shilpa Medicare, weeks after news surfaced that Tano Capital had sold its stake in the company to earn 4.5x return on its...
Tano Capital exits Shilpa Medicare with 4.5x IRR
In its second exit this year, Indian private equity firm Tano Capital has sold its stake in pharmaceuticals manufacturer Shilpa Medicare Ltd, reportedly earning 4.5x return on its initial $2 million investment.
Tano, Halcyon may exit Sports Stadium to investors
Indian athletic- and lifestyle-wear retailer Sports Station, backed by private equity firms Tano Capital and Halcyon, is considering offering majority equity to a corporate investor or similar player in an effort to raise capital, according to local reports.