Berggruen to invest $30m in Keys hotel chain in India

US-based investor Berggruen to plough $30m into Keys hotel chain in India

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Berggruen Holdings has so far invested $80m in its India arm.

Dubai’s Aster DM Healthcare plans 2018 IPO, to list in India or London

Aster also has medical facilities in India and Philippines


India: W brand owner TCNS Clothing may tap IPO this year

TCNS Clothing is backed by US-based PE firm TA Associates.


India: Helion Venture’s Rahul Chandra to raise $100m early-stage fund

Unitary Helion will look at creating a portfolio of 18 to 20 companies.


Indian startups see higher Series B funding across fewer deals

Series B investments in 2017 so far total $522m as compared to $1b in 2016


Fairfax Financial to sell 12.2% in Indian insurer ICICI Lombard

Fairfax’s stake will come down to about 22.1 per cent.


Exclusive: IFC to extend $60m in loan to India-based vaccine maker Biological E

IFC’s investment involves an “A” loan to co and subscribing to its NCDs.


India Dealbook: Genext, Happn, WhatsLoan & Box8 raise funds

Genext plans to use the money for increasing its team, strengthen its tech backbone and expand the services to new cities.


India: SBI said to pick BofA, Deutsche Bank to arrange its $2b offering

SBI is seeking capital to bolster loan growth after Q4 profit doubled


People Digest: Flipkart CEO takes charge of HR operations; PharmEasy gets new CTO

Flipkart CEO Kalyan Krishnamurthy will now also oversee the human resources department, while pharmacy aggregator PharmEasy has hired Nishu Goyal as its chief technology officer. Flipkart CEO takes charge of HR operations Recently-appointed CEO of Flipkart, Kalyan Krishnamurthy, will now also oversee the human resources department as the e-commerce giant scouts for a… Read more »