India Dealbook: Infibeam backs IGPL; Guiddoo, Nagpur Wholesale raise funds


Infibeam has invested Rs 6 crore in exchange for 14,400 equity shares in IGPL.

India: Asia Climate Partners-backed supply chain firm ColdEX files draft IPO papers

Private equity fund Asia Climate Partners is expected to partially exit ColdEX in the IPO.

India: Shrimp exporter Nekkanti buys back pre-IPO investors

The pre-IPO shares represented a 4-5% stake in the company. The shares were issued at ₹533 per share and were bought back at the same price.

Unilever agrees to buy GSK’s Indian Horlicks business in $3.75b deal

Unilever’s share of the total deal price is 3.3 billion euros ($3.75 billion), payable using cash, and shares in its subsidiary in India.

Amazon’s deal with Future Retail seen as big step in building offline presence

Amazon has been testing the waters with stakes in smaller offline companies, including Shoppers Stop Ltd and Aditya Birla Group’s food and grocery retail chain, More.

India Digest: NIIT Tech, Tata Sons, Mahindra First Choice in M&A news

NIIT Tech’s listed parent, NIIT Ltd, owns 23.54 per cent of the total 30.61 per cent that is up for sale.

In a rare move, India’s bad-debt buyer Edelweiss to purchase consumer loans

Edelweiss Asset Reconstruction Co is setting up a team for that and seeks to start purchases in 2019.

Blackstone close to buying 50% stake in Indiabulls’ two office projects

In November, Indiabulls had said that it was selling a stake in two Gurugram office projects, but had not disclosed the investor’s name.

Singapore’s Grab may invest $100m in OYO’s latest funding round: Report

The funding is likely to come in as a part of OYO’s ongoing $1-billion funding round

Chinese investors lead charge for Indian content startups

Investor frenzy for content startups is set to translate into companies in this space raising close to half-a-billion dollars over the next couple of months.