Search Results for:Pramugdha Mamgain

India Digest: Dr. Reddy’s sells API unit; Spoonshot buys Brisky; Oyo’s UAE foray

Dr. Reddy’s intends to streamline manufacturing operations and reduce costs through this sale.


Asia headed for deeper buyout penetration, say leading PE players

About 70-80 per cent of buyouts in Asia today are secondaries i.e. from one PE firm to another. 


India: Food ordering platform Zomato raises $210m from Alipay

The development comes almost eight months after Zomato raised $200m in a funding round led by Ant Financial.


China’s Morningside Venture Capital raises $1b USD-denominated fund

The fund attracted investments from endowment funds, family offices, pension funds, sovereign wealth funds, fund-of-funds and foundations.


US-based Concept Medical raises $60m to boost India, global operations

A portion of the funds will be used to bolster manufacturing operations in existing and new markets to meet global demand.


JLL India names Chirag Agrawal as head of investment banking unit

Agrawal will be based out of Mumbai and will be responsible for the firm’s central capital markets businesses.


India Dealbook: Chiratae, Alkemi back Elawoman; Sattvaponics, Betterhalf raise funding

Elawoman, a data-driven fertility platform, has raised $3 million in a Series A funding round co-led by Chiratae Ventures (formerly IDG Ventures India) and Alkemi Venture Partners.


Advent acquires Manjushree Technopack, Kedaara fully exits

Advent has acquired all the shares held by Kedaara Capital, and a portion of the promoter Kedia family’s stake in Manjushree Technopack.


India Digest: ThomasLloyd, P&G-Merck in M&A; PNB, Carlyle scrap housing fin unit sale

PNB and US private equity investor Carlyle have reportedly shelved plans to sell their stakes in PNB Housing Finance Ltd owing to drop in its valuation.


India Dealbook: Bain, Infosys back TidalScale; Truebil bags $1m; RevFin raises seed round

Truebil, an online marketplace to buy and sell second-hand cars, has raised close to $1 million in a fresh round from existing investor Kalaari Capital.