By Pramugdha Mamgain
JISL is investing about $50 million in expanding its operations.
The first project will be an 18 million sq ft development in Gurugram with cost in excess of $2 billion.
Hailey Hu from B Capital builds a case for the impending shift in India’s healthcare sector towards private insurance, helped by tech startups.
Dailyhunt claims to be India’s largest news and local language content application with over 155 million app installs.
The association would aid Federal Bank in offering a host of products including wealth management services to high-net-worth individuals.
VCs have been unable to get exits from all of the portfolio companies of their first funds. Consequently, they are exploring four options — selling leftover portfolio companies to specialist secondary funds; seeking another one-year extension to their funds; exploring discussions with new investors or LPs; and returning shares in leftover companies to the LPs.
A Chinese consortium that included the Shenzhen and Shanghai stock exchanges had previously purchased 40% of the Pakistan Stock Exchange in 2016.
The project covers national highways across the states of Andhra Pradesh and Gujarat that are expected to fetch around $1 billion.
HDFC Property Fund plans to invest in commercial office projects and residential developments in top property markets from the $500-million fund.
Existing investors Bain Capital Ventures and Hyde Park Venture Partners also invested as part of the round.