By Ishita Russell
Last year IDFC Asset had launched two major open-ended schemes—a balanced fund and a credit opportunities fund.
In March 2017, the Bengaluru-based investment firm had reached the first close of its maiden fund at $13 million.
The latest funding round comes more than a year after the start-up raised $75 million in Series C round led by Warburg.
Jaypee owns 2,200 MW of hydro and coal-fired power generation assets, with Rs 12,000 crore in loans following a debt restructuring.
Greenko is planning to enter the transmission business amid low green energy tariffs in India.
Andrew Marks has picked up a significant minority stake in ValueQuest Capital that manages close to $200 million in its public markets fund.
An area of growing interest at 500 Startups in India has been blockchain and cryptocurrencies.
Ofo will be the first international company to launch bike sharing in India.
UK’s Legal & General Group Plc plans to sell its 26% stake in IndiaFirst and has hired investment bank Ambit Corporate Finance to find a buyer for it.
The group is expected to raise at least Rs1,000 crore via the IPO.