Swaraj Singh Dhanjal
The IPO is likely to fetch around $400-500 million although the final number will depend on the eventual stake dilution and the valuation of the company.
Blackstone sent an arbitration notice following the logistics company’s failure to buy back the PE firm’s stake in a subsidiary company.
With the general elections scheduled for early next year and volatility still seen in markets, 2019 is expected to be a challenging year.
Edelweiss marked the first close of the fund in May, raising around ₹2,000 crore and has set itself a target of raising ₹6,500 crore for the infrastructure fund.
RPG Ventures is planning to tap the private markets to raise funds for senior citizen-care product startup Seniority Pvt. Ltd, which it had incubated in 2016, a senior executive said in an interview. Seniority sells products that make everyday life easier for senior citizens, with mobility aids, wellness products and… Read more »
Tranzmeo is the first AI startup in Kerala to receive funds from a state-run Fortune 500 company.
Deal activity looks set to increase as the industry holds $56 billion in dry powder, pushing total AUM to $199 billion.
The company has been engaged in talks with a few private equity funds and specialist pre-IPO investors to raise up to Rs 100 crore ahead of its IPO.
The deal marks the first issuance of green bonds in India’s impact investing space, said Northern Arc.
Cube Highways was set up by I Squared Capital along with World Bank arm International Finance Corp.