Allianz Real

Allianz invests over $200m in Edelweiss’ private debt platform


The investment is Allianz’s first private debt commitment in the stressed assets space in India.

Indian govt plans Axis Bank stake sale to raise up to $748m

The government, which holds a 9.56 percent stake in the private sector lender, will sell up to 50.8 million shares, or a 1.98 percent holding.

Private equity firm The Chatterjee Group to buy IDFC Securities stake

SBI Capital Markets and Stock Holding Corporation of India were reportedly also in the fray to acquire the stockbroking arm of IDFC.

India Digest: Mirae Asset-Naver said to invest in Ola; Unicorn Ventures backs OpenApp

Mirae Asset-Naver Asia Growth’s investment will be part of Bengaluru-based Ola’s Series J funding round, pegged at $1 billion.

India Dealbook: M&A updates from Amazon, Dhoot Transmission, Aurobindo, Grover Zampa, RIL

In November, Amazon, through its investment arm, had reportedly signed a term sheet to buy 9.5 per cent stake in Future Retail.

India Digest: HDFC Capital to ink 3 housing JVs; EWPL draws investor interest

HDFC Capital is said to have agreed to form a platform deal with Mumbai-based Rustomjee and is in talks with two other developers for similar deals. 

KKR completes acquisition of 60% stake in India’s Ramky Enviro for $510m

In August last year, KKR had signed an agreement to acquire the stake through a combination of primary and secondary investments.

KKR, General Atlantic may invest in Flipkart’s payments arm PhonePe

The interest from the PE firms comes at a time when PhonePe is looking at a valuation of $10 billion.

Indian multiplex operator PVR looks to raise up to $100m through QIP

PVR has appointed investment banks Kotak Mahindra Capital and CLSA to manage the fundraising process.

Russia’s RTP Global to focus on India through new fund, plans local office

To step up its pace of investments in India, RTP Global hired Kirill Kozhevnikov, who previously launched and managed Sistema Asia Fund.