India: KKR in talks to pick controlling stake in Aadhar Housing Finance


Aadhar Housing Finance is a unit of Wadhawan Global Capital which also controls Dewan Housing Finance Co. Ltd (DHFL)

India: Budget hotel brands Treebo and FabHotels initiate merger talks

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

Indian adtech firm InMobi buys US-based Pinsight Media

This is InMobi’s second acquisition this year. It acquired AerServe for $90 million this January.

US-based music app Smule raises $20m for India expansion

Last year Smule raised a $54 million funding round led by Chinese technology giant Tencent Holdings.

Sequoia India rejigs structure, splits investment team into growth, venture verticals

Sequoia is also bringing on board Tejeshwi Sharma, who was managing India investments for Chinese tech giant Tencent.

PremjiInvest backs US startup Devoted Health’s $300m Series B round

In August, PremjiInvest led a $100-million Series D round in US e-commerce fraud-prevention company Signifyd.

India: KKR drags dairy firm Kwality to NCLT over loan default

KKR had invested Rs 520 crore through a structured finance transaction in Kwality in July 2016.

India Dealbook: Aurionpro Solutions, One Co.Work, Reliance Industrial in M&A

Reliance Industrial Investments and Holdings has acquired a 12.7 per cent stake in US firm SkyTran Inc.

India: Reliance to buy controlling stakes in Hathway, Den Networks for $710m

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.

India Dealbook: Updates from ShareChat, Truebil, Drivezy, POWERED Accelerator

The partial exit from Sharechat would give India Quotient a 25-30x return on its initial investment.