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Neo Asset closes first infra fundraise

Mint New Delhi

|

July 08, 2025

Neo Asset Management, the wealth and asset management arm of the Peak XV Partners-and-MUFG Bank-backed Neo Group, has wrapped up fundraising for its maiden infrastructure investment fund, surpassing its intended fundraise target by about 15%, a top executive told VCCircle.

- Priyal Mahtta

Meanwhile, Neo Asset has also completed the acquisition of its maiden road asset, having received the necessary regulatory approvals from the National Highways Authority of India (NHAI), Abhishek Goel, the MD and fund manager of the Neo Infrastructure Income Opportunities Fund (NIIOF) told VCC

Mint New Delhi からのその他のストーリー

Mint New Delhi

Mint New Delhi

What do festive sales say about e-commerce?

E-commerce slowed in India in 2024, and was tepid in the first half of 2025. While festive sales usually buoyed e-commerce each year, the last two years have been muted. Will it be different this season?

time to read

2 mins

September 29, 2025

Mint New Delhi

America's drug daze

Only a sliver of India's pharmaceutical exports to the US, placed at roughly $10.5 billion in 2024-25, appears to face the 100% tariff hurdle likely to be erected this week by American President Donald Trump.

time to read

1 min

September 29, 2025

Mint New Delhi

Mint New Delhi

H-1B row, tariffs, FPI exit may sting rupee

Trump hit on remittances, exports; FPI selloff adds to pressure

time to read

2 mins

September 29, 2025

Mint New Delhi

REPO RATE CUTS ARE LOST IN TRANSMISSION

Since February, the Reserve Bank of India (RBI) has lowered the repo rate by 100 basis points.

time to read

3 mins

September 29, 2025

Mint New Delhi

Mint New Delhi

Fabindia sued by subsidiary founders over exit clause

The co-founders of Fabindia Ltd's personal care subsidiary, Biome Life Sciences India Pvt. Ltd, have sued the apparel retailer in the Delhi high court, seeking to enforce an exit clause they say value their shares at ₹196.16 crore.

time to read

3 mins

September 29, 2025

Mint New Delhi

Mint New Delhi

US senators mount scrutiny on IT cos

Even as US president Donald Trump's steep hike in H-1B visa fee threatens to hit Indian software services providers, US lawmakers and agencies have separately intensified scrutiny of the offshoring sector.

time to read

3 mins

September 29, 2025

Mint New Delhi

A plan to hunt down digital arrest crooks takes shape

To crack down on surging online financial frauds such as 'digital arrests', a parliamentary panel has recommended that banks use government-issued IDs to trace, freeze and blacklist mule accounts siphoning crores of rupees. Experts call it a crucial first step, but banks warn implementation will be difficult.

time to read

3 mins

September 26, 2025

Mint New Delhi

Why this is the toughest test yet for Indian shrimp

As if the 50% tariff imposed by the US was not debilitating enough, Indian shrimp exporters are staring at an additional anti-dumping duty of as much as 40%. How will this impact exporters and the 16 million people dependent on the seafood sector? Mint explains:

time to read

2 mins

September 26, 2025

Mint New Delhi

Mint New Delhi

HI-B crisis sparks legal scramble for new HR solutions

Law firms and corporations are racing to tackle the human resources impact of the vexed H-1B matter, after US President Donald Trump's latest immigration crackdown threw India's $283 billion IT sector into turmoil.

time to read

3 mins

September 26, 2025

Mint New Delhi

CAFE-3 pitches big relief for small cars

Lower fleet-wise emissions for small cars in latest BEE draft

time to read

4 mins

September 26, 2025

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