Bharti Airtel is in discussions with Warburg Pincus to raise up to $1.5 billion for Bharti Airtel International (Netherlands) BV (BAIN BV), the holding company for African operations, while GVK group is in talks with several global investors for selling a minority stake in its airports holding company MIAL. Meanwhile HDFC and Standard Life Investment, the joint venture partners in IPO-bound HDFC Asset Management Co. Ltd, will gradually see their shareholdings dilute in three years after the issue. In the startup funding space, PharmEasy is in talks with Fundamentum Advisors and Eight Roads Ventures to lead a $40-50 million round.
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