NIIF is leading a $390 million (Rs 28.7 billion) funding round in Ayana Renewable Power. The proposed transaction will make NIIF, which will invest $284 million, a majority shareholder in Ayana. The CDC Group, the […]
National Investment and Infrastructure Fund Limited (NIIF) has marked the final close of its NIIF Master Fund at $2.34 billion (Rs 172.93 billion) after receiving commitments from the fifth set of limited partners. Canadian pension […]
The CDC Group Plc, the UK’s development finance institution, has acquired a minority stake in TVS Industrial and Logistics Parks Private Limited, a JV of TVS Supply Chain Solutions Limited and Ravi Swaminathan Associates. This […]
GIC Pte Limited and ESR Cayman Limited have formed a JV to develop and acquire industrial and logistics assets in India. GIC will hold an 80 per cent stake in the JV and ESR, an […]
NHAI has received an upfront consideration of Rs 50.11 billion from Cube Highways and Infrastructure, under the third bundle of the TOT model. The Singapore-based firm had delayed the payment to NHAI amidst the uncertainties […]
Diptab Ventures Private Limited, which operates the intra-city logistics marketplace LetsTransport, has raised Rs 560 million (about $7.5 million) in an extension of its Series B funding round. LetsTransport raised this capital from investors including […]
Private equity firm KKR has launched Virescent Infrastructure, a platform to acquire renewable energy assets in India. Virescent aims to expand its portfolio of operational renewable energy assets, facilitated by investments predominantly made through KKR’s […]
US-based Carlyle Group has entered into an agreement to buy a 25 per cent stake in Bharti Airtel’s data centre arm Nxtra Data Limited for $235 million. The acquisition will give Airtel’s Nxtra an enterprise […]
Social venture capital investor Acumen has marked a full exit from Orb Energy Private Limited which it had backed nine years ago. The impact investor has exited Orb Energy via a secondary share sale to […]
Reportedly, EverSource Capital is set to take over IL&FS Environmental Infrastructure and Services Limited (IEISL) and its subsidiaries, as it has emerged the highest bidder for them. The deal is likely to reduce the debt […]
Saudi Arabia’s Public Investment Fund (PIF) has invested Rs 113.67 billion ($1.5 billion) in Jio Platforms. PIF’s investment will translate into a 2.32 per cent equity stake in Jio Platforms on a fully diluted basis. […]
RIL has announced that PE firms TPG and L Catterton will invest Rs 45.47 billion ($600 million) and Rs 18.94 billion ($250 million), respectively, in Jio Platforms. TPG’s investment will translate into a 0.93 per […]
Private equity firm Convergent Finance LLP will invest $14.1 million (nearly Rs 1.07 billion at the current exchange rate) in Jyoti International Foods Private Limited, a supply chain solutions provider for the food services industry. […]
Cube Highways and Infrastructure Pte Limited’s plan to acquire a road project in northern India has fallen through after the $263 million deal could not be completed within the stipulated time frame. Cube Highways had […]
Japan’s SoftBank Group is looking to sell its entire stake in Indian green energy firm SBG Cleantech, an 80:20 joint venture between SoftBank and Bharti Enterprises. For this, it is in separate talks with the […]
PE firm Apis Partners LLP’s planned investment in L&T Infra Debt Fund (L&T IDF) has been called off. The transaction was terminated as it could not be completed within the deadline. L&T Finance, the financial […]
Singapore-based Gateway Partners is acquiring a minority stake in TVS Supply Chain Solutions Limited, the logistics arm of the TVS Group, for $100 million (about Rs 7.4 billion). The investment involves both a primary […]
The Maharashtra Maritime Board is expected to acquire an equity stake of at least 26 per cent in the proposed major port at Vadhavan, near Dahanu, in Maharashtra. The port will be developed on the […]
Singapore-based waste management firm Blue Planet Environmental Solutions Pte Limited has invested in waste management services provider Zigma Global Environ Solutions Private Limited. The financial details have not been disclosed. The investment in Zigma will […]
The TVS Group and a group of investors, including AION Capital, the India Resurgence Fund and SSG Capital Management, are in talks with CG Power and Industrial Solutions to invest Rs 5 billion in fresh […]
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