Ascent Capital News

Companies

Insurance tech startup Acko raises funds from Ascent

Acko receives allotments of ‘10 equity shares of ₹10 each at a premium of ₹2,54,601 each…and 3,682 Series C1 CCPS of ₹2,54,611’ from Ascent CapitalAcko has a tie up with cab-hailer Ola and other online travel aggregator platforms, such as RedBus and Goibibo, for offering online travel insurance

1 min read28 Nov 2019
Market

True North invests $200 million in KIMS hospital chain

True North will buy 40% stake in KIMS hospitals held by Ascent Capital and OrbiMed Advisors, and do a primary capital infusion to fund growth in India and Middle East

1 min read30 Mar 2017
Companies

Ascent Capital exits education services firm People Combine

Ascent Capital, which invested Rs88-90 crore in People Combine in 2012, sold its entire stake in the company around a week ago

1 min read29 Nov 2016
Companies

UTI Ventures exits Ascent Capital

AscentCapital'smanagement team buys out UTI AMC arm's stake

2 min read21 Nov 2016
Companies

PayU Global to buy rival Citrus Pay for $130 million

After the acquisition, PayU India will have more than 30 million customers

2 min read15 Sep 2016
Companies

Ascent, OrbiMed plan to sell stake in Kerala hospital chain KIMS

The stake sale process will begin in a couple of months and is expected to be complete by the middle of next year

3 min read20 Sep 2015
Companies

Ind-Barath Power Infra revives IPO plans

The firm plans to use capital from the proposed IPO to cut debt and expand its project in Tamil Nadu

3 min read1 Dec 2014
Companies

Vizury raises $16 million venture capital

Firm says funds will be used to drive product innovation on mobile and cross-channel propositions and to scale operations

1 min read12 Jun 2014
Companies

Marg may sell Karaikal stake

Marg may sell Karaikal stake

3 min read7 Mar 2012
Companies

Ascent Capital to invest ₹200 crore in Karaikal port

Ascent Capital to invest ₹200 crore in Karaikal port

1 min read16 Sep 2011
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The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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