By Deborshi Chaki
Aadhar Housing Finance is a unit of Wadhawan Global Capital which also controls Dewan Housing Finance Co. Ltd (DHFL)
Treebo and FabHotels have been trying to raise fresh capital, but potential investors have so far shied away from putting money into companies competing with SoftBank-backed Oyo
This is InMobi’s second acquisition this year. It acquired AerServe for $90 million this January.
Last year Smule raised a $54 million funding round led by Chinese technology giant Tencent Holdings.
Sequoia is also bringing on board Tejeshwi Sharma, who was managing India investments for Chinese tech giant Tencent.
In August, PremjiInvest led a $100-million Series D round in US e-commerce fraud-prevention company Signifyd.
KKR had invested Rs 520 crore through a structured finance transaction in Kwality in July 2016.
Reliance Industrial Investments and Holdings has acquired a 12.7 per cent stake in US firm SkyTran Inc.
Reliance, controlled by India’s richest man Mukesh Ambani, said it will acquire a 51.3 percent stake in Hathway Cable and Datacom Ltd for $399 million.
The partial exit from Sharechat would give India Quotient a 25-30x return on its initial investment.