Malvika Joshi
Stories by Malvika Joshi
Macquarie, Italy’s Atlantia, Brookfield look to bid for India’s toll road assets
The three companies are in the process of conducting due diligence on the assets, which have been put up for auction by the National Highways Authorit
India: GMR Infra to pay $482m to PE investors in airports row settlement
GMR Group is also in talks AION Capital to raise around $500 million to buy out existing PE investors before its planned IPO
India: IIFL AMC plans to raise $500m for maiden structured credit fund
The company has also hired two officials, including one from private equity firm KKR and Co. Inc., to lead the structured debt business
Kotak PE plans to exit wellness firm Indus Biotech via IPO
The PE firm had invested close to $4.18 million in the firm for a substantial minority stake in 2007.
Samara Capital, Amazon buy supermarket chain More from Aditya Birla
The transaction is said to be valued at $580 million. It follows Amazon’s plans to build its food retail business in India for which it has made a s
Baring PE Asia in talks to acquire 26% stake in Lakshmi Vilas Bank
Lakshmi Vilas Bank is keen to sell as much as 51% if permitted by the Reserve Bank of India (RBI) but bad loans may cloud a potential deal as Baring w
J.C. Flowers may buy out Ambit Holdings from asset reconstruction JV
J.C. Flowers and Ambit hold 47.5% each in the ARC while entrepreneur Jerry Rao holds 5%.
India: Arohan Financial plans to raise $48.6m, launch IPO in 12-15 months
The micro financier is also looking to launch its IPO in the next 12-15 months to help some of its investors sell their stakes.
TPG Growth appoints senior adviser Shailesh Rao as India head
Rao had been brought in for managing the technology portfolio of the PE firm in India, Asia and the US.
India: LT Foods raises $19.7m from Rabo Equity for its organic food unit
LT Foods Ltd has raised Rs 140 crore from existing investor Rabo Equity Advisors for its wholly-owned subsidiary Nature Bio Foods Ltd (NBFL) in lieu o
