By Ka Kay Lum
Owned by tycoon Richard Li, FWD is now the largest shareholder in the joint venture and intends to rename the business to FWD Takaful Bhd.
Netmeds said it is acquiring health-tech startup KiViHealth and will invest about $10 million to integrate and grow the latter’s business.
The investment in Avaada will enable it to expand its renewable energy capacity.
Xander had acquired a minority stake in PVR a decade ago at an average price of Rs 114 per share.
EverSource Capital is the JV between Everstone Capital and global solar project developer Lightsource BP. It will invest through its Green Growth Equity Fund.
The US ride-hailing giant will pay $1.4 billion in cash and $1.7 billion in convertible notes for Careem.
GVK’s plans to divest its own stake in MIAL to raise funds could run into trouble in view of the latest developments.
The plan is to invest in 100 companies over the next three to five years.
The acquisition comes during a time of heightened scrutiny over the role of Chinese investment in Israel.
Aujas has raised $11 million since 2008 from Chiratae Ventures, IvyCap Ventures and Rajasthan Venture Capital fund.