Equity Moves

Welspun One Logistics Parks has launched its debut alternative investment fund (AIF) focused on warehousing in India. The fund, Welspun One Logistics Parks Fund I, has a target corpus of Rs 5 billion with a […]

Private equity major Blackstone Group is looking to acquire Embassy Industrial Parks from Warburg Pincus and the Embassy Group at an enterprise value of $700 million (Rs 51 billion). The transaction between Blackstone, Warburg Pincus […]

National Investment and Infrastructure Fund Limited (NIIFL) has announced a commitment of $100 million from the New Development Bank (NDB) into the NIIF Fund of Funds (FoF). With the NDB’s investment, the FoF has secured […]

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 […]