Senior Writer & Content Specialist, India
The investment firm has dry powder of around Rs 450 crore currently.
The firm will invest in home-grown startups at the seed to early-stage levels.
The proposed equity sale in GMR Airports, which could generate Rs 7,000-8,000 crore, is likely to be announced very soon.
The deal marks his first investment following his near $1-billion exit from Flipkart after it was bought by US-based retail giant Walmart for around $16 billion.
Technology giant Apple and Mukesh Ambani-led Reliance Industries are also said to be eying Zee Entertainment’s stake.
EverSource Capital is looking to invest around $100 million in Ayana Renewable Power, which operates in India and South Asian markets.
Hopscotch has reportedly appointed Barclays as the investment banker to raise around $60 million.
Delhivery is reportedly set to join the coveted unicorn club as it seeks to raise $250-450 million from potential investors, including SoftBank Vision Fund.
Emami is looking to to repay some of its high-cost debt and raise funds for working capital requirements through the deal.
The potential deal with Kellogg is likely to value Haldiram’s at around $3 billion.