Strides Pharma Global will hold 70 per cent of the issued capital of Fairmed.
Truebil has raised $1 million in fresh funding from Japanese venture capital firm Spiral Ventures.
The stake sale is part of Indiabulls' efforts to achieve zero net debt in the current financial year.
Swiggy is also in advanced stages of closing a $700-750-million round that will be led by existing investor Naspers.
Flipkart has secured about $224 million (Rs 1,616 crore) from its Singapore-based parent entity.
Varun Beverages Tuesday said it has agreed to acquire a 20 per cent stake in Lunarmech Technologies Pvt Ltd for Rs 15 crore.
The round has valued the Chennai-based home loan company at about $706 million.
Yes Bank has been under pressure to raise fresh capital to improve its capital adequacy ratio.
Previously, Vogo was also reportedly talking to Tiger Global Management and SoftBank for fundraising.
Last month, CCI had approved the Canadian pension fund's proposal to acquire up to 8 per cent stake in Delhivery.
© Copyright DEALSTREETASIA 2014-2019 All rights reserved.
Forgot your password?
We will never share your information with third parties.
Already have an account? Sign in here
If you don’t already have an account click the button below to create your account.
Unlock your competitive advantage in a
rapidly evolving landscape. Our packages
come with exclusive access to archive
content, data, discount on summit tickets & more.
Be a part of our growing community now.