Swaraj Singh Dhanjal

TPG Capital, Manipal in exclusive talks to acquire Medanta

TPG Capital and Manipal Group are currently said to be conducting due diligence on hospital operator Medanta.

Indian multiplex operator PVR looks to raise up to $100m through QIP

PVR has appointed investment banks Kotak Mahindra Capital and CLSA to manage the fundraising process.

2019 kicks off at slow pace with 49% fall in India PE, VC investments in Jan: EY

The drop in deal value is mainly due to the lack of large, $1-billion-plus deals last month.

India: Samunnati Financial gets $5m debt from Symbiotics

The funds were raised through issuance of NCDs, making it the lender’s fifth such offshore debt fund-raise in the last seven months.

India: Essel may sell part of financial services business to reduce debt

The group has already initiated talks to sell stakes in broadcaster Zee Entertainment Enterprises Ltd and road and solar power assets.

India: TPG Growth to invest $30m in Solara Active Pharma

This marks TPG Growth’s first investment in India’s growing life sciences sector and adds to its portfolio of domestic healthcare companies.

Bahrain’s Investcorp kicks off India debut with acquisition of IDFC Alternatives’ PE, realty units

The transaction marks Investcorp’s entry into India and is in line with its long-term strategy of expanding its footprint and client base globally.

Strides to exit Australia, announces acquisitions in North America

Strides Pharma Global has approved the sale of its entire business in Australia for $282 million.

Indian mortgage lender DHFL raises $193m from Oaktree Capital funds

DHFL intends to further reduce its real estate project finance exposure through such transactions in the future.

India’s Chalet Hotels to launch $230m IPO on 29 January

The company has priced its shares in the range of Rs275-280 per share.