India: Kedaara Capital hits road to raise 2nd fund, IFC to invest up to $40m


In 2013 Kedaara raised its maiden fund with a corpus of $540 million

Japan’s Rohto Pharma to acquire stake in India’s for $5m

In the process, the company will divest 13 per cent stake.

India: ASK Group to invest $31m in ATS Infra’s realty project

The investment marks ASK’s entry into the commercial real estate segment

Acko General Insurance raises $30m in one of largest seed rounds in India – SAIF, Accel join

The company has the backing of marquee investors

IFC to provide up to $100m debt to Commercial Bank of Ceylon

IFC is an existing investor in the Sri Lankan lender.

India: IFC to invest $50m in JK Paper through NCDs

IFC is already an investor in JK Paper.

Indian sports training startup TSC hires banker to raise funding

It offers coaching services in soccer, tennis, basketball and badminton

India: Sahara Group’s Aamby Valley auction set for June, valued at $663m

India’s Supreme Court had ordered the sale to recover money owed to investors

India: Restaurant chain Sagar Ratna promoter buys back controlling stake from PE firm

In 2011, IEP had acquired around 77% stake in Sagar Ratna for about Rs 135 crore

Indian refiners eye Saudi Aramco IPO to strengthen ties

India said on Monday its state refiners could become cornerstone investors in Saudi Aramco when it floats its shares next year, as New Delhi seeks to strengthen ties with the world’s largest oil producer. Oil minister Dharmendra Pradhan told Reuters the purchase of a stake in Aramco could be part… Read more »