Fund News
Swedish furnishing major IKEA, part of the Ingka Group, is bringing its investment arm - Ingka Investments - to India. The areas of investments being considered by Ingka Investments could range from taking stake in…
Liquidity Events
Beauty and skincare company VLCC is to acquire direct-to-consumer (D2C) men's grooming brand Ustraa - owned by Happily Unmarried Marketing - through a combination of secondary buy-out and share swap. Ustraa's existing…
Liquidity Events
Baring Asia has sold a 13.76% stake in publicly-listed CMS Info Systems Ltd for INR 637.69 crore. Post the sale, Baring Asia would hold a 46.48% stake in the company.
Liquidity Events
Adani Group's proposed acquisition of Air Works, an aircraft maintenance and repairs company, for INR 400 crore has passed its long stop date and the two companies are not in talks to extend deal timelines. This adds…
VC Fund Investments
Health Basix, a provider of health information platform and In-School / Community Clinic operated by Coimbatore-based Toro Health Pvt Ltd has raised a bridge funding round led by Dr. GSK Velu and Callapina Capital…
VC Fund Investments
Chennai-based neighbourhood delivery facilitator Fullfily has raised a seed round led by TamilNadu Infrastructure Fund Management Corporation Ltd (TNIFMC) and joined by other venture capital funds, accelerators…
PE Fund Investments
Premji Invest will acquire a 9.7% equity stake in Chennai-based non-banking financial company TVS Credit Services for INR 737 crore, via a combination of primary and secondary investments. Nomura Financial Advisory and…
PE Fund Investments
Japan's Sumitomo Mitsui Banking Corp. (SMBC) and Asian Infrastructure Investment Bank (AIIB) are to invest USD 200 million in Bengaluru-based renewable energy platform Amp Energy India. This follows the announcement…
Liquidity Events
Canada Pension Plan Investment Board (CPPIB) has sold 33,000,000 equity shares (1.66% stake) at INR 1,855.64 per share of publicly-listed Kotak Mahindra Bank Ltd on Jun 9, 2023 through a bulk deal on the BSE. The sale…
Fund News
TVS Capital Funds has appointed Naveen Unni as Managing Partner. Unni has a 20-year track record of leadership at McKinsey and Company, where he served as the Managing Partner for the Chennai office and led the India…
