Baiju Kalesh
Stories by Baiju Kalesh
Indian payments startup MobiKwik targets IPO by September, looks to raise up to $250m
The company plans to hold a pre-IPO funding round that could give the startup a valuation of $700m.
Baring Asia mulls listing CitiusTech in US via SPAC merger
Baring Asia could seek a valuation of about $1 billion for Citiustech in a listing.
SoftBank-backed Indian online grocer Grofers weighs US listing via SPAC deal
Grofers is seeking a deal that would value the firm at about $1 billion.
Former Morgan Stanley India head Ramachandran’s SPAC to tap US diaspora
KludeIn 1 Acquisition Corp., a SPAC, raised about $173 million in an IPO in January.
TPG-backed Indian cosmetics retailer Nykaa E-Retail plans IPO at $3b valuation
Nykaa is leaning toward a domestic listing, though an overseas IPO is also under consideration.
Global investors Blackstone, Brookfield snap up office spaces in India
High returns are luring investors to REITs amid low interest rates globally.
Blackstone agrees to buy glass unit of India’s Piramal Enterprises for $1b
PE giant in talks with banks for a $400m loan to fund the deal.
Blackstone nears $2b India property deal with Prestige
Blackstone is the largest owner of commercial real estate in India with a total investment of $7.8 billion as of March 2020.
Tata Consumer said to mull bid for Coffee Day’s vending unit
Coffee Day is looking to induct strategic and financial partners into its units as part of a reconstructing exercise.
Indian tycoon Anil Agarwal, Centricus plan fund to invest in distressed companies
The fund will also buy firms being sold under India's $29b divestment plan.