Search Results for:Reghu Balakrishnan

India: True North founding partner Vikram Nirula quits

Nirula was responsible for investments in consumer companies, retail firms, financial services and industrials.

Ergo, Manulife in talks to acquire 26% stake in IndiaFirst Life Insurance

UK’s Legal & General Group Plc plans to sell its 26% stake in IndiaFirst and has hired investment bank Ambit Corporate Finance to find a buyer for it.

India: JSW Infrastructure-Srei to buy Sterling Port in Dahej

The JSW-Srei combine has reached an agreement with lenders of Sterling Port, which includes Srei Infrastructure Finance, Andhra Bank and Corporation Bank

Kedaara Capital in talks to buy NBFC Indian School Finance

Kedaara plans to invest about $50 million in two tranches and acquire controlling stake from existing investors, Grey Matters Capital and Caspian Impact Advisors, and promoters.

ChrysCapital Advisors in talks for stake in Bengaluru NBFC Varthana

The investment in the company, which lends to affordable private schools, will be around $50 million.

India sees food services sector return on private equity radar

India’s food services industry will be worth Rs4.98 trillion by 2021, according to a report by the National Restaurant Association of India.

India: Bira eyes $30m funding from private equity firms

TPG Growth, Blackstone and New York-based Veronis Suhler Stevenson (VSS) are among funds interested in the Delhi-based beer maker.

JPMorgan unit to exit maiden India-focused real estate fund

In 2006, JPMorgan Asset Management had raised $360 million for its maiden real estate fund in India called JPMorgan India Property Fund.

India: CPPIB, GIC eye Baring PE’s stake in developer RMZ Corp

Besides Baring whose 21% stake is valued at Rs2,400 crore, QIA is also looking to exit RMZ through a buyback option.

India IPO activity likely to remain high next year: JPMorgan’s Kulkarni

There’s a good opportunity now for the PEs who invested for 4-5 years and want to exit with scaled up companies.