The move will help the Swedish behemoth enhance its online retail operations in India.
The deal is in line with the startup's mission to build a global music media business.
Leapfrog has already started investing from the third fund and has made five investments so far.
Bansal co-founded BAC Acquisitions with his IIT-Delhi batchmate Ankit Agarwal in December last year to invest in sectors such as data sciences, health
Manipal Hospitals investors TPG and Temasek are expected to partially fund the proposed acquisition, with new investor Blackstone also likely to pitch
IL&FS's wholly subsidiary ITNL International Pte Ltd as invited expressions of interest from potential investors for the purpose.
The proposed investment will be used by the NBFC to support small and medium enterprises in Low Income States in India to purchase commercial vehicles
With the exchange deal, Naspers will now own 5.6 per cent in the Chinese travel major.
KIFM plans to tap pension funds and sovereign wealth funds in countries such as North America, Europe, West Asia and South East Asia to raise a Rs 2,0
The deal will help Quikr expand its operations and strengthen its vertical for pre-owned products, according to an announcement.
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