Search Results for:Ishita Russell

India Digest: SoftBank agrees to sell Flipkart stake; Bharti co looks to exit Future Retail

Last week SoftBank head Masayoshi Son had said he was still undecided on the Flipkart stake sale.

Indian grocery delivery startup Milkbasket raises $7m in round led by Kalaari Capital

In January this year, the Gurgaon-based startup had raised $3 million in a Pre-Series A round led by Unilever Ventures Ltd.

L Catterton Asia to snap up around 10% stake in India’s Future Lifestyle

As per estimates based on the current share price of around Rs 421, the deal could be valued at over Rs 800 crore.

India: Kedaara, Partners Group to acquire Vishal Mega Mart from TPG

While the financial details of the deal were not disclosed, media reports have pegged the deal size to be around Rs 5,000 crore ($735 million).

India Roundup: Precision Camshafts, Inditrade, NIIT China ink M&As; ImpactGuru, FreightBazaar raise funds

The acquisition will help Precision Camshafts to expand into to mature such as Europe, North America and Australia.

India: Temasek unit Camas to invest $147m in AU Small Finance Bank

The funds are being raised through a mix of equity sale and issue of convertible warrants to Camas Investments.

Exclusive: Motilal Oswal PE targets to close third fund next month, says CEO Vishal Tulsyan

The investment firm had marked the first close of its India Business Excellence Fund-III fund at $147m in September last year.

India: Quess buys out Comtel; Biocon pares stake in Syngene; Avenue promoter to sell 1%

In 2016, Quess had announced that it was acquiring 64% stake in Comtel Solutions for about $20 million.

India Dealbook: Open raises funds; IIFL AMC and Crest Ventures ink M&As

Existing investors ISME-ACE and BetterCapital AngelList syndicate also participated in Open’s funding round.

India Digest: Dai-ichi lifts stake in Union Bank AMC; Altico extends $50m to Assetz

The deal marks the Dai-Chi Life’s foray into the Indian asset management space.