Swaraj Singh Dhanjal

Pizza Hut’s India franchisee Sapphire Foods raises $32m led by Edelweiss PE

The company operates more than 350 KFC, Pizza Hut and Taco Bell restaurants across India, Sri Lanka and the Maldives.

India: Multiples PE acquires 37% stake in Gunit Chadha’s APAC Financial

After the fund-raise, APAC’s total capital is at ₹400 crore with Chadha holding a majority stake.

India: Samunnati Financial in talks with PE firms to raise $35m

Samunnati has appointed investment bank Kotak Mahindra Capital to help them raise fresh equity capital.

NBFC crisis was a reality check, says Avendus’ Ritesh Chandra

The industry will see consolidation among NBFCs and HFCs, partly propelled by financial investors in these companies, Chandra said.

India Grid Trust kickstarts roadshows to raise fresh capital of up to $420m

IndiGrid is raising capital to acquire new assets. The final quantum will depend on the demand from investors.

Auto finance firm WheelsEMI raises $14m Series B round led by Faering Capital

Faering has invested Rs 64 crore, while the rest was invested by existing investor Elevar.

India: Xponentia Capital in talks to invest $10m in pilot training centre FSTC

In August, Samara Capital and Xponentia acquired Spoton Logistics, in a Rs 550 crore deal with India Equity Partners.

Infrastructure fund I Squared Capital to set up renewable energy platform

Global infrastructure fund I Squared Capital is creating a new renewable assets platform that will acquire and develop utility-scale projects.

India: How Hindustan Unilever clinched GSK Consumer Healthcare deal

An unrivalled all-stock offer is what it took Hindustan Unilever Ltd to stave off several suitors for GlaxoSmithKline Consumer Healthcare Ltd.

India: Shrimp exporter Nekkanti buys back pre-IPO investors

The pre-IPO shares represented a 4-5% stake in the company. The shares were issued at ₹533 per share and were bought back at the same price.