India: Kalyan Jewellers eyes IPO in two years to fund global expansion


Kalyan Jewellers India Ltd., the company giving away Volkswagen AG’s Audi cars as freebies to lure customers, is exploring an initial public offering within the next two years as the company seeks to raise funds to expand its global footprint. “You will hear of an IPO soon — we won’t… Read more »

India: Paytm to start payments bank operations from May 23

It has received the final nod from Reserve Bank of India.

India Dealbook: Amazon invests $10.5m in payment arm; Telr, Isparva, raise funds

While Amazon has invested $10.5 million in Amazon Pay, startups Telr, Isparva and Niki. ai have also raised funds. Amazon, Singapore unit invest $10.5 m in Amazon Pay E-commerce giant Amazon‘s Indian payment portal Amazon Pay has got funding worth Rs 67 crore ($10.46 million) from its Singapore-based arm Amazon Corporate Holdings Pvt… Read more »

India: Apollo LogiSolutions in talks with Piramal Capital’s SFG to raise $46m

Integrated logistics solutions provider Apollo LogiSolutions Ltd (ALS) is in talks with Piramal Capital’s structured financing group (SFG) to raise around Rs300 crore of credit, said two people aware of the development. ALS is 90% owned by Apollo International, which is part of the Onkar Kanwar-promoted diversified business house Apollo… Read more »

Exclusive: IFC to extend up to $75m to Max Healthcare via NCDs

To help fund Max Healthcare’s acquisition and expansion plans.

India: GTPL Hathway gets Sebi approval for IPO

GTPL Hathway Ltd, which offers cable TV and broadband services, has received approval for its proposed initial public offering (IPO) from the Securities and Exchange Board of India (Sebi). With this, GTPL Hathway became the 14th company to receive the capital markets regulator’s nod for a public issue in 2017…. Read more »

India: Edelweiss in talks to invest $70m in JM Baxi Group via structured debt

The funding will be deployed through Edelweiss Special Opportunities Fund

India: BanyanTree acquires minority stake in Kanakadurga Finance

This marks its second investment in the auto finance sector.

India: Future Group partners UAE’s Khimji Ramdas for garments sale in Oman

India’s Future Group on Tuesday said it had tied up with UAE’s Khimji Ramdas Group to sell garments in Oman, and eventually across the Gulf region, in its first international foray. The Indian consumer goods firm, which sells everything from electronic goods and groceries to fashion apparel, plans to initially… Read more »

Did Snapdeal abandon group buying model too early?

With this, an entire category within e-commerce has been abandoned without being fully explored.