Hero Future in talks to buy Fotowatio’s solar project in India

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India’s renewable energy space has also seen consolidation in the backdrop of considerable overseas interest.

IFC invests in JinkoSolar's Malaysian unit

China’s Hony Capital-backed Playtika acquires Austrian card games firm Supertreat

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Playtika continues to diversify into casual games with its acquisition of leading “Solitaire with a Twist” game developer.


India Dealbook: Komparify acquires iReff; Techstars backs CometChat

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With the acquisition, Komparify aims to expand its presence in prepaid plans application space and broaden its mobile app capabilities.


India Dealbook: Aurobindo to acquire Spectrum products; L&T Infotech buys Ruletronics

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Larsen & Toubro Infotech has acquired business process management solutions provider Ruletronics for an enterprise value of $7.48 million. 


Thailand’s furniture maker ECF to buy 51% stake in IT trading firm S-Trek

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The deal, conducted through a share swap, is expected to be completed in the second quarter of this year.


SoftBank takes small step to reduce debt pile with bond buyback

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It plans to purchase $750 million worth of outstanding dollar- and euro-denominated notes, and will pay with cash on hand.


India Dealbook: Innovaccer, ITILITE, Aye Finance secure fresh funding

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In August 2016, Innovaccer had raised $15.6 million in a Series A round of funding led by Westbridge Capital.


India: SBI puts $2.2b loan exposure to Essar Steel on block

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This is SBI’s second attempt to sell its Essar Steel loan exposure after dropping the process in September last year.


Malaysia’s e-commerce startup Signature Market raises $980k Series A

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The direct-to-consumer retailer of natural and organic snacks has secured funding from investors including RHL Ventures and Axiata Digital Innovation Fund.


India Digest: Indoco to sell part of domestic biz; EaseMyTrip plans $210m IPO

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Indoco Remedies has initiated discussions with private equity funds including TPG Capital Management and Temasek Holdings for the sale.