By Ishita Russell
Last year, L Catterton Asia had sold its around 40 per cent stake in Genesis Luxury to Reliance Retail.
India is now the its most important market outside the US after it sold its businesses in China and South-east Asia to local start-ups Didi Chuxing and Grab, respectively.
This is the second time that JSW Energy has expressed interest in Monnet Power.
In a recent deal, India Resurgent Fund (IRF), a JV between Piramal Enterprises and Bain Capital Credit, invested Rs 800 crore in Archean Chemical Industries Ltd, buying out its lenders
This is SeaLink’s second deal from debut fund after NephroPlus Health in August 2016.
In 2015, the Hyderabad-based solar energy company had raised $2 million from clean tech fund, Infuse Ventures and others.
The PE firms are looking to acquire Tata Capital’s 33 per cent stake in Sai Life Sciences for around $130 million.
Nirlep will become a wholly owned subsidiary of Bajaj Electricals following the deal
Losses, which exclude net interest income, tax and notional losses on derivatives contracts, were well over three times revenue.
Cisco Systems Inc., which has acquired over 200 companies over the past three decades.