India: IndoStar Capital appoints R Sridhar as CEO, executive VC

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Ex-chief Bhandari will remain on IndoStar’s board and stay as a shareholder.

India: Government to divest 10% stake in Nalco, may get over $200m

The divestment is a part of govt’s asset sale programme.


Kia Motors to soon announce India car factory, says executive

The planned factory involves a total investment of $1.6b


Cochin Shipyard, HAL among big-ticket asset sales in Indian arms space

Want to buy a stake in an aircraft-carrier builder? How about a fighter-jet maker?


India Digest: Myntra, Asset Vantage sign M&A deals; Omni Hospitals raises $50m

Myntra has acqui-hired logistics startups InLogg, while fintech firm Asset Vantage has acquired US-based Financial Navigator. Also, Omni Hospitals is in talks with private equity firms to raise $50 million. Myntra acqui-hires logistics startup InLogg Myntra has acqui-hired logistics startup InLogg for an undisclosed amount. As part of the deal, InLogg team… Read more »


India: Motilal Oswal Real Estate to invest $123m in current fiscal

Motilal Oswal Real Estate is currently raising capital for IREF-III, a Rs1,250 crore fund


India: Lighthouse plans $200m third fund

Lighthouse Funds currently has a corpus of approximately $235m.


India: Hyperlocal startups BigBasket, Grofers begin merger talks

Deal completion will see will SoftBank participate in a $60-100m fundraising round.


India Dealbook: MapmyIndia acquires VidTeq, Be U Salons raises funding

In December 2015, MapmyIndia had raised a funding from Flipkart.


India Digest: Jubilant Life Sciences raises $15m, Warburg Pincus to sell stake in Capital First

Last month, Jubilant received its board approval to buy a specialty pharma business in the US.