By Ishita Russell
Skechers India subsidiary will continue operating in its existing structure from its current headquarters in Mumbai.
Abu Dhabi’s sovereign wealth fund was the first institutional investor in NIIF’s Master Fund in 2017 with a commitment of $1 billion.
TPG Capital and Manipal Group are currently said to be conducting due diligence on hospital operator Medanta.
The round was led by BeeNext Ventures, Europe-based venture capital fund Speedinvest and 3one4 Capital.
Private equity firms Blackstone and KKR & Co Inc, and Indian fund Kedaara are also expected to put in bids, according to a news report.
Existing investors including Blume Ventures, Straddle Capital, Beenext Pte Ltd, WEH Ventures and DSP Adiko also participated in the round.
The new service called ‘Swiggy Stores’, which will be accessible on its mobile app.
Tiger Global has led a $4.2-million funding round in Bengaluru-based expense management startup Fyle Technologies.
Existing investor General Atlantic is likely to pick up 12% more stake in PNB Housing, while Varde is expected to acquire 10% stake.
KKR’s NBFC arm, KIAFL, has been active in India since 2015 and has invested more than $1.5 billion in the country’s realty sector.