Search Results for:Swaraj Singh Dhanjal
ITI is a financial services player, offering equity and derivatives trading, equity and commodity market research.
Existing investors CDC Group, UK’s Development Finance Institution, and anchor investor P. Surendra Pai also participated in the round.
IFC, which holds a 15% stake in the company, is looking to sell close to half of its holding.
This acquisition is the first investment from the NIIF’s Strategic Fund and the first control transaction for the NIIF.
A successful completion of the InvIT plan will make ACME Solar the first renewable energy producer in India to tap the trust route for raising funds.
The carrier needs to urgently raise cash to stay afloat, as a rally in jet fuel prices and a weak rupee have eroded its financial health.
Goldman Sachs was ReNew’s first investor while CPPIB entered with a $391 million investment earlier this year. Goldman Sachs owns 48.6% stake in ReNew Power while CPPIB holds 16.2%.
Financial services, consumer and healthcare will be the latest fund’s areas of focus, while it will also opportunistically look at the industrials sector.
TVS Capital has invested in companies such as National Stock Exchange of India Ltd, Indian Energy Exchange Ltd, RBL Bank Ltd, City Union Bank Ltd, Wonderla Holidays Ltd and Nykaa.com.
MSREI is currently investing from its ninth fund, which has raised well over $2 billion for real estate investments worldwide.