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India: PE True North invests $200m in KIMS Hospital for 40% stake


True North will buy stake from Ascent Capital, OrbiMed Advisors

India: Chinese firm APUS Group acquires Venture Catalysts-backed Siftr Labs

With this, seed investment platform Venture Catalysts has exited the company.

India: HCG to buy majority stake in Cancer Care Kenya

HCG which made its market debut last year.

India Digest: Puravankara-Hetero Drugs deal; Wadias to up stake in chem firm

Puravankara Projects has sold its entire stake in three subsidiary companies including land to pharma company Hetero Group while business conglomerate Wadia Group is looking to buy Belgium’s Solvay Chemicals in National Peroxide stake in the company. Puravankara sells 3 Hyderabad ventures for $73m Puravankara Projects has sold its entire… Read more »

SunEdison India assets to help double GIC-backed Greenko capacity

GIC and Abu Dhabi fund put in $155 million fresh equity into Greenko

Exclusive: VC firm Ventureast aims to close its $150m sixth fund by mid 2017

The fund had achieved its first close at $85 million last year

India’s Airtel’s Bharti Infratel stake sale: KKR, CPPIB part of bigger agreement?

KKR and Co. Lp and Canadian state-owned pension fund manager CPPIB’s Rs6,193.9-crore investment in Bharti Infratel Ltd on Tuesday for a 10.3% stake is likely part of a broader arrangement under which the investors are also expected to buy Idea Cellular’s stake in Indus Towers Ltd, two people aware of… Read more »

India: Licious raises $10m from Mayfield, others

Bengaluru-based gourmet meat start-up Licious, run by Delightful Gourmet Pvt. Ltd, has secured $10 million in a Series B round of funding led by existing investors Mayfield India and 3one4 Capital, the company said in a statement. Sistema Asia Fund and Neoplux Technology Fund also participated in this round of… Read more »

India: Atria Power in talks to raise $100m in structured debt from Piramal

Atria Power Corp. Ltd, a Bengaluru-based renewable power producer, is in talks with Piramal Group to raise structured debt worth $100 million, two people aware of the development said. Atria, which is backed by marquee investor GE Energy Financial Services, an affiliate of General Electric Co., is seeking to expand… Read more »

Truecaller enters mobile payments in India

Truecaller, the Stockholm-based company that identifies spam calls and helps keep mobile communication safe and efficient, announced two new major features in Truecaller 8, a completely new redesign of its Android app at an event in New Delhi on Tuesday. Users will now be able to take control of their… Read more »