India digest: Total raises funding from HDFC Capital; Amplus closes real estate fund

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Total Environment has raised funding from HDFC Capitlal and Amplus has held first close of second fund. Total Environment raises funding from HDFC Capital Bangalore-based real estate developer Total Environment Building Systems Pvt. Ltd has raised $48 million from HDFC Capital‘s offshore fund, it said in a statement. The investment will… Read more »


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India: Apollo LogiSolutions in talks with Piramal Capital’s SFG to raise $46m

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Integrated logistics solutions provider Apollo LogiSolutions Ltd (ALS) is in talks with Piramal Capital’s structured financing group (SFG) to raise around Rs300 crore of credit, said two people aware of the development. ALS is 90% owned by Apollo International, which is part of the Onkar Kanwar-promoted diversified business house Apollo… Read more »

India Dealbook: DropKaffe, Commut raise funds; LogiNext acquires YourGuy

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Dairy beverage manufacturer DropKaffe has raised a $500,00 bridge loan, while shuttle service provider Commut has raised $200,000 from 50K Ventures. Also, logistics solution platform LogiNext has acquired last mile delivery firm YourGuy. DropKaffe raises $500k bridge round from angel investors Dairy beverage maker DropKaffe has raised a bridge round of $500,000 led… Read more »

CPPIB acquires 48% stake in GlobalLogic from Apax Partners

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Canada Pension Plan Investment Board has agreed to acquire around 48 per cent stake in digital product development services firm GlobalLogic Inc.,from private equity fund Apax Partners LLP. According to a statement, Apax funds will retain an equal stake to CPPIB in the company. Founded in 2000, US-based GlobalLogic is aproduct engineering services… Read more »