Search Results for:Ishita Russell
New fund to take its assets under management in India to over $1 billion.
Kirloskar Oil Engines Ltd will acquire submersible pumpsets manufacturer La-Gajjar Machineries Pvt. Ltd, while Tech Mahindra has agreed to sell its unit, LCC Pakistan Pvt Ltd, for $5.2 million. Kirlosar Oil to acquire La-Gajjar Machineries Diesel engines and generator sets manufacturer Kirloskar Oil Engines Ltd said it will acquire Gujarat-based submersible pumpsets… Read more »
The funding round is likely to have valued the firm at around $200 million.
ABB is in talks to acquire L&T’s electrical and automation division, while Shriram Properties is looking to raise $116 million to foray into commercial realty. Also, co-working space firm Innov8 is looking to raise $15 million. ABB in talks to buy L&T’s electrical & automation division ABB is in talks… Read more »
Aavishkaar had earlier invested in Sri Lankan firm Ma’s Tropical Foods.
Darwinbox, a human resources software-as-a-service (SaaS) startup, has raised $4 million in a Series A funding round led by Lightspeed India Partners. Existing investors including Endiya Partners, Mohandas Pai’s 3one4 Capital and StartupXseed Ventures also participated in the round. The Hyderabad-based startup plans to use the funds raised for product… Read more »
Temasek has roped in an executive search firm to look for replacements.
India Digest: INDASDA may buy Moshe’s; Kedaara to trim stake via Mahindra Logistics IPO, Janalakshmi Fin funding
New Silk Route is likely to sell Moshe’s Fine Foods to INDASDA Group, while Kedaara Capital is looking to sell part of its stake in Mahindra Logistics through the company’s IPO. Also, Janalakshmi Financial is in talks to raise funds. NSR likely to sell Moshe’s Fine Foods to INDASDA Group Private equity… Read more »
The company is now going national and might possibly even go overseas.
Last year, Kotak Realty had raised $250 million to invest in residential projects.