Equity Moves

Global private equity (PE) firm KKR is set to invest a significant portion of its new $6.4 billion Asia-focused fund in India’s infrastructure sector, including roads and highways, and renewables. The Asia Pacific Infrastructure Investors […]

Avaana Capital has announced that the Green Climate Fund (GCF) has sanctioned a significant $24.5 million investment in its climate and sustainability fund. The Avaana Capital’s climate and sustainability fund, valued at $120 million, of […]

The Competition Commission of India (CCI) has approved the proposed combination involving the acquisition of 100 per cent shareholding of Coastal Energen Private Limited (CEPL) by Dickey Alternative Investment Trust and Adani Power Limited. CEPL […]

The Competition and Consumer Commission of Singapore (CCCS) has reportedly provided conditional approval for the merger of Vistara with Air India. Singapore Airlines (SIA) owns 49 per cent of Vistara. Following the merger, SIA will […]

I-Squared Capital-backed CGD companies in India, AG&P Pratham and Think Gas Distribution, are set for a stock-for-stock merger, estimated to be valued at over $1.1 billion (Rs 90.96 billion). Both companies are in the CGD […]

Bharti Airtel has waived its right of first refusal to acquire Telecommunications Consultants India Limited’s (TCIL) 30 per cent stake in Bharti Hexacom as it sees no immediate value in such a move. Last month, […]

SpiceJet has received an additional investment of Rs 3.16 billion, taking the total amount of funds raised through a preferential issue to Rs 10.6 billion. On February 21, 2024, the airline’s board of directors approved […]

Welspun One has made its first exit from its maiden fund with a corpus of Rs 5 billion, by selling one of its earliest assets located in the Delhi-National Capital Region (NCR). It has exited […]

The Carlyle Group is reportedly planning to sell its entire 24 per cent stake in Nxtra Data Limited, the data centre subsidiary of Bharti Airtel. Carlyle acquired a 24 per cent stake in Nxtra Data […]

Edelweiss Infrastructure Yield Plus II has raised about Rs 80 billion (about $967 million) for the alternative investment fund (AIF), from limited partners (LPs) including global pension funds, domestic and offshore institutions, family office and […]

Shadowfax has raised $100 million in a funding round led by TPG to extend last mile connectivity services. Besides TPG, existing investors, including Walmart -owned e-commerce platform Flipkart, Mirae Asset, and International Finance Corporation (IFC) […]

SpiceJet has received an additional investment of Rs 3.16 billion, taking the total amount of funds raised to Rs 10.6 billion through a preferential issue. The Board of Directors of the airline on February 21, […]

KKR has raised $6.4 billion for its second Asia-Pacific infrastructure fund, claiming the position of the largest pan-regional infrastructure-dedicated fund. With this, the firm’s Asian infrastructure business now has $13 billion in assets under management.

Wiz Freight, a supply chain startup, has raised Rs 1.25 billion (approximately $15 million) in a Series B funding round led by Japan-based SBI Investment. Other participants included Tiger Global, Nippon Express Holdings, Axilor Technology […]

The Cabinet Committee on Economic Affairs has approved Coal India Limited’s equity investments for two significant projects. The first project entails an investment of Rs 19.97 billion for a coal-to-synthetic natural gas project in West […]

Edelweiss Alternatives has raised over Rs 80 billion for its second infrastructure fund, Edelweiss Alternatives Infrastructure Yield Plus II. Funds have been raised from both domestic and offshore investors, aggregating to more than double the […]

Gensol Engineering Limited has successfully secured Rs 9 billion in equity capital through the issuance of convertible warrants on a preferential basis. The equity capital infusion witnessed involvement from both global and domestic participants, encompassing […]

Cleantech Solar has finalised a substantial long-term senior secured loan of Rs 6.25 billion from Tata Capital Limited. The funds are earmarked for the development of its open access portfolio in India. A portion of […]

Wiz Freight, supply chain startup, has raised Rs 1.25 billion (approximately $15 million) in a Series B funding round led by Japan-based SBI Investment. Other participants included Tiger Global, Nippon Express Holdings, Axilor Technologies Fund, […]

KKR has raised $6.4 billion for its second Asia-Pacific infrastructure fund, claiming the position of the largest pan-regional infrastructure-dedicated fund. With this, the firm’s Asian infrastructure business now has $13 billion in assets under management […]