UK’s Green Investment Bank to back Lightsource India


This follows Macquarie-led consortium buying GIB last week.

India: Serum Institute buys defunct Czech vaccine maker for $78m

The current acquisition by the company is the second overseas one since 2012,

India shortlists investment banks for IPO of railway public sector unit IRFC

IDFC Bank, ICICI Securities and HSBC have been shortlisted.

India: IRB Infra fixes InvIT price band, aims to raise $783m in listing

The trust will own six operational BOT road assets.

Former JLL India head Anuj Puri buys firm’s residential brokerage business

Property advisory firm JLL India on Tuesday said it is selling its residential services business to the company’s former India head Anuj Puri, who recently left the organization to start his own venture, for an undisclosed sum. JLL’s residential business employs around 200 brokers and 250 support staff in eight… Read more »

India Digest: VLCC buys Vanity Cube; Frapperz eyes funds; MakeMyTrip may back Fab Hotels

While VLCC has acquired Vanity Cube, MakeMyTrip is looking to acquire strategic stake in Fab Hotels. Also, Frapperz is in talks to raise an additional $400,000. VLCC acquires on-demand beauty firm Vanity Cube Beauty and wellness firm VLCC has acquired Vanity Cube to get a greater hold in the the on-demand beauty… Read more »

Sequoia India invests $3m in Satya Paul brand owner Genesis Colors

The firm filed its draft IPO papers in September.

Shenzhen bourse to facilitate Indian tech startups’ access to Chinese investments

The Shenzhen Stock Exchange is the largest in China by trading volume

India Dealbook: SAIF hikes stake in Fiem Industries, Bikanervala eyes stake sale

The VC firm bought an additional 1.5% stake in the company for around Rs 20 crore ($3.1 million).

India: Oyo close to raising $250m funding round led by Softbank

The round could value the budget hotel aggregator at $850m