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 […]
An India-focused private equity (PE) fund managed by global investment firm Morgan Stanley is set to raise capital from Dutch development bank FMO. North Haven India Infrastructure Fund (NHIIF), which focuses mostly on asset-light infrastructure, […]
ZunRoof, an Indian start-up in the rooftop solar segment, has received Series A funding of $3 million from the Godrej Investment Office. This is the second round of investment by Godrej after its $1.2 million […]
The Asian Development Bank (ADB) will invest $100 million in the National Investment and Infrastructure Fund (NIIF) of India Fund of Funds (FoF). With ADB’s investment in the NIIF platform, the FoF has now secured […]
JSW Energy Limited has entered into an agreement with Jaiprakash Power Ventures Limited (JPVL) to restructure the principal outstanding amount of Rs 7.52 billion owed by the latter. Under key terms of the agreement, an […]
Fairfax India Holdings Corporation is trimming its stake in Bangalore International Airport Limited (BIAL), as the investment vehicle monetises a bet it first made less than four years ago. Fairfax India will reduce its stake […]
PROPARCO, a French development financial institution, has made a Rs 1.07 billion equity investment in Avaada Energy Private Limited. Avaada has 405 MW of operational large-scale solar projects in India and about 1 GW of […]
Fairfax India has infused an additional Rs 850 million equivalent to a 7 per cent stake in Mumbai-based Seven Islands Shipping Limited. Fairfax India had first picked up a 41.4 per cent stake in Seven […]
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