Malvika Joshi
Stories by Malvika Joshi
India: Essel may sell part of financial services business to reduce debt
The group has already initiated talks to sell stakes in broadcaster Zee Entertainment Enterprises Ltd and road and solar power assets.
India: Apax Funds invests $200m in Fractal Analytics
The investment also marks the exit for Malaysian sovereign wealth fund Khazanah Nasional Berhad and TA Associates.
Google Launchpad’s India accelerator to continue focus on AI startups
Agriculture and healthcare technology are two strong emerging themes in India which Google Launchpad is likely to back in the future.
India may see secondary exits pick up pace in 2019
Availability of ample dry powder and the absence of a window for launching IPOs will lead more PEs to seek exit through secondary transactions in 2019
US-based Global Infrastructure Partners plans India-focused fund
GIP will be investing in buyout opportunities, besides assisting global infrastructure developers and operators willing to set up shop in India to de-
India: Multiples PE acquires 37% stake in Gunit Chadha’s APAC Financial
After the fund-raise, APAC’s total capital is at ₹400 crore with Chadha holding a majority stake.
PE firm Carlyle may exit India’s Metropolis Healthcare before IPO
The diagnostics chain is in talks with investors to raise money to buy back the stake. Separately, Carlye is also reaching out to outside investors in
India: Oriental Bank of Commerce starts process to sell stake in life insurance JV
The bank is expected to raise around Rs 1,400 crore-Rs 1,500 crore through the deal.
Investment bankers reach out to potential buyers for IL&FS assets
Bankers are said to have approached Macquarie and Brookfield for the sale of IL&FS' road assets.
Rabo Equity looks to raise up to $400m for third fund
The homegrown fund will also be exploring investment opportunities in distressed food and agriculture businesses.