Other Deals
SHREM Infrastructure Investment Trust (Shrem InvIT) has made one of the first issuances by a road sector InvIT on a private placement basis. The InvIT has a large portfolio of operating assets (24 assets) with projects…
Other Deals
Kumar Mangalam Birla is set to partner with Hamed bin Zayed Al Nahyan, the managing director of Abu Dhabi Investment Authority (ADIA), and invest in Zand, a UAE-based digital-only independent bank. Initially, the plan…
Other Deals
Used car marketplace CarDekho's Singapore-based holding entity Global Car Group Pte Ltd has converted into a public company Global Car Group Ltd. Even as it changed status, a couple of existing shareholders in Cars24…
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Sublime Finance, a blockchain-based platform that helps borrowers tap into their "social capital", has raised USD 2.5 million in a seed round co-led by Galaxy Digital and Electric Capital. Other investors included…
Other Deals
Power generation utility NTPC Ltd is looking to acquire around 5% in Power Exchange India Ltd (PXIL), promoted by National Stock Exchange of India Ltd (NSE) and National Commodity & Derivatives Exchange Ltd (NCDEX)…
Other Deals
In an effort to accelerate growth in the Indian rural market, Procter & Gamble (P&G) India is set to invest INR 500 crore through its 'Rural Growth Fund'. It will provide external partners an opportunity to collaborate…
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TrusTrace, a Stockholm- and Coimbatore-based startup which has created a platform for supply chain transparency and product traceability within the fashion, food and retail industries, has raised EUR 5.17 million (USD…
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US-based insurance firm Metlife proposes to raise its stake in its Indian venture by acquiring a 15.27 % stake of IGE (India) Pvt Ltd and Elpro International Ltd in PNB MetLife India Insurance Company. With the…
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Cargo and air freight logistics firm ECU Worldwide is looking to raise funds and has appointed Jefferies Financial to evaluate options. ECU's Mumbai-based parent Allcargo Logistics is seeking a deal that would value…
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SpiceJet's plans to hive off its cargo business has hit a roadblock with the Delhi High Court issuing an interim injunction against the debt-strapped airline preventing it from alienating a part of the assets into a…
