Pooja Sarkar
Stories by Pooja Sarkar
India: Homegrown PE ICICI Venture hits first close for fourth fund at $190m
This marks the “first close” for the ‘India Advantage Fund Series 4’, which has raised capital from existing investors and from a large Asian
Goldman Sachs unit to invest in Indian fintech startups
The average investment size would be $2-10 million. The investments bank is open to tie-ups with other venture capital funds operating in India to inv
India: Piramal to partner pension fund to launch $250m realty platform
Piramal likely to tie-up with a global pension fund for the platform, also eyes exits from previous funds
GIC, Temasek, Blackstone, Barings Asia PE, others vie for LafargeHolcim India cement units
Strategic investors Shree Cement Ltd, JSW Cement Ltd and Irish cement maker CRH Plc have also expressed interest in acquiring the Indian assets of Laf
IL&FS unit to list its Indian road assets as infrastructure investment trust
IL&FS Transportation Networks has 30 road projects, of which 13 are operational, while five to six more will be functional next fiscal.
Consolidation among Indian consumer Internet firms remains brisk
Consolidation in the consumer Internet segment, which picked up in 2015, has continued at a brisk pace in the early months of 2016. Since January, 13
Aion Capital in race for LafargeHolcim’s cement assets in India
In February, LafargeHolcim announced its plans to sell its entire cement portfolio held under Lafarge India in its bid to comply with anti-trust regul
TPG Growth looks to invest in Indian consumer Internet start-ups
TPG Growth, which owns a minority stake in Lenskart, is looking to partner with venture capitalists for future funding rounds
Turnaround specialist Wilbur Ross in talks with Indian banks for stressed assets
Ross, among other foreign and domestic investors, sees an opportunity in investing in assets that are troubled, but can be revived with capital infusi
