India Digest: Abu Dhabi fund in talks for Greenko stake; Laurus Labs plans IPO; Arvind to invest $10m in new omni-channel

Posted by & filed under Deals & Investment

Abu Dhabi Investment Authority is in advanced negotiations to pick up minority stake in Greenko Group for $170-$200 million, while Laurus Labs is planning to float an IPO to raise up to $150 million. Also Arvind Internet plans to invest $10 million in its new omni-venture channel. Abu Dhabi fund in talks to… Read more »

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

Posted by & filed under Deals & Investment

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 »

SCPE buys 49% in Omni Capital, to form JV

Posted by & filed under Private Equity

Standard Chartered PE (SCPE), the investment arm of the British Bank, will inject up to $50 million, into a company that is wholly owned by TT International, a Singapore based player that undertakes global trading of consumer electronics. SPCE will invest in TT International company Omni Capital through a share… Read more »

Hedge funds betting against China eye ‘Soros moment’

Posted by & filed under IPOs & Markets

Many players say that whether outflows resume in earnest after the Chinese New Year break in the second week of February should show whether funds are right to expect more dramatic declines. That has prompted comparisons with the victories of George Soros-led funds over European governments in the early 1990s.