Treebo last raised capital in 2017, when Hong Kong-based investment firms Ward Ferry Management and Karst Peak Capital led a $34 million investment.
The JV would have created Europe’s second-largest steel maker after ArcelorMittal by merging the two companies’ operations.
Leapfrog has already started investing from the third fund and has made five investments so far.
Olympia Group and Apollo Global will hold a 51 per cent and 49 per cent stake, respectively, in the venture.
Tiger Global is in talks to invest up to $80-90 million in Moglix, and $20-30 million in Upstox.
SoftBank Ventures Asia will look to sign cheques worth $10-20 million in the consumer internet space.
The move marks an end to the fast-food chain’s association with Bakshi, who opened the first McDonald’s restaurant in the country in the mid-199
HealthKart plans to use the funds to expand its offline store network and develop additional direct-to-consumer nutrition brands.
The acquisition marks the first buy by billionaire Mukesh Ambani-owned Reliance Industries of an overseas retail brand.
By crossing the 25% shareholding mark, L&T gets a board seat and the power to propose or block special resolutions.
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