private equity

New Delhi, March 27 A total of six companies, including SAEL Industries Ltd, Vishvaraj Environment Ltd, and Symbiotec Pharmalab Ltd, have secured approval from Sebi to raise funds through initial public offerings (IPOs), according to an update from the market regulator on Friday.Other...

New Delhi, March 25 The Burmese specialty restaurant chain, Burma Burma, announced on Wednesday that it had raised over ₹38 crore in a private funding round, valuing the company at approximately ₹500 crore.The fresh capital will be used to support expansion into new cities and strengthen its...

On March 24, Bengaluru, a consortium led by the Aditya Birla Group (ABG) acquired 100% equity stake in the IPL franchise, Royal Challengers Bengaluru, from its current owner, United Spirits Limited, for a staggering $1.78 billion (approximately ₹16,706 crore).Other parties involved in the...

New Delhi, March 19 Shubham Housing Development Finance, a provider of affordable housing finance, has raised USD 96 million (approximately Rs 870 crore) from existing investor LeapFrog Investments and others, including Creador.The transaction strengthens Shubham's future growth with a strong...

New Delhi, March 17 The Fair Trade regulator, CCI, approved Bentley Asia Holdings II Pte Ltd's proposal to acquire an additional stake in Baby Memorial Hospital on Tuesday.Baby Memorial Hospital Ltd (BMH) is a multispecialty healthcare network operating several hospitals across various cities...

Mumbai, March 17 Private equity firm L Catterton is not seeing any impact from the West Asia conflict on its deal-making operations, and plans to invest at least USD 100 million more in India by the end of 2027, a top official said on Tuesday.The consumer sector-focused firm has over USD 440...

New Delhi, March 17 Venture Catalysts announced on Tuesday that it has exited its investment in the women's hygiene brand Pee Safe, achieving a 9.60x return and an XIRR of 30.53 percent, following the company's recent USD 32 million funding round led by OrbiMed.The exit, completed in January...

New Delhi, March 16 The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified changes in the FDI policy to allow overseas companies with Chinese shareholding of up to 10 per cent to invest in India under the automatic route.These investments will be subject to...

New Delhi, March 11 Overseas companies with Chinese shareholding of up to 10 percent will be eligible to invest in India under the automatic route across sectors; however, the relaxed FDI norms will not apply to entities registered in China/Hong Kong or other countries sharing land borders with...

New Delhi, March 11 The fair trade regulator, CCI, has approved Temasek Holdings' proposal to acquire a stake in Curefit Healthcare, the sovereign wealth fund.Temasek Holdings, based in Singapore, is acquiring the stake through its affiliate, MacRitchie Investments Pte Ltd."The proposed...

New Delhi, March 9 Mumbai-based True North divested a 3.6 per cent stake in Anthem Biosciences for Rs 1,261 crore through a transaction in the open market on Monday.Private equity firm True North, through its affiliate Viridity Tone LLP, sold a total of 2,03,13,795 shares, representing a 3.62...

New Delhi, March 9 Truhome Finance, backed by private equity major Warburg Pincus, filed preliminary papers with the market regulator Sebi on Monday to raise ₹3,000 crore through an initial public offering (IPO).According to the draft red herring prospectus (DRHP), the housing finance...

New Delhi, March 9 Pirojsha Adi Godrej bought nearly 1.8 per cent stake in real estate developer Arvind SmartSpaces for Rs 40.7 crore from an affiliate of HDFC Capital through a private transaction.Pirojsha Godrej is the Executive Chairperson of Godrej Properties, Godrej Housing Finance, and a...

New Delhi, March 9 Edelweiss Financial Services announced on Monday that it has completed the sale of 4.4 per cent of common equity in its subsidiary, EAAA India Alternatives, for ₹375 crore.The proceeds have been allocated to key Limited Partners and select individual investors, Edelweiss...

New Delhi, February 27 Samayat Services LLP, one of the promoter entities of the supermarket chain Vishal Mega Mart, divested nearly a 14 per cent stake in the company for Rs 7,635 crore through open market transactions on Friday.Samayat Services LLP is a special-purpose vehicle owned by...

New Delhi, February 27 Private hospital revenue is expected to grow by 14-15 per cent in the next fiscal, driven by healthy occupancy and ongoing bed additions, according to Crisil Ratings.This will mark the fifth consecutive year of double-digit revenue growth, while revenue per occupied bed...

New Delhi, February 26 The initial public offer of PNGS Reva Diamond Jewellery Ltd was subscribed 1.23 times on the final day of bidding on Thursday.The Rs 380-crore IPO received bids for 70,31,776 shares against 57,06,235 shares on offer, according to NSE data.The portion for...

Mumbai, February 26 Motilal Oswal Alternates announced on Thursday the first closure of its private credit fund, India Credit Excellence Fund - I, at Rs 1,700 crore.The fund also includes a commitment of Rs 200 crore from the Motilal Oswal Group, the company statement said.The fund will...

New Delhi, February 25 The initial share sale of PNGS Reva Diamond Jewellery Ltd received subscriptions for 83,000 shares on the second day of bidding on Wednesday.According to NSE data, the company's Initial Public Offering (IPO) received bids for 47,23,424 shares against 57,06,235 shares on...

New Delhi, February 20 Shares of Novartis India surged 20 per cent to hit the upper circuit limit on Friday after its parent firm Novartis AG agreed to sell a majority stake in its Indian unit to private equity firm ChrysCapital.The stock soared 20 per cent to Rs 996.50 per share – its upper...