Ridhima Saxena
Stories by Ridhima Saxena
Religare Enterprises to sell NBFC arm to TCG Advisory Services for $46m
The funds raised from the stake sale will be used to repay the outstanding loans to group companies, third parties and for other general corporate pur
India sees surge in bulge-bracket PE, M&A deals
From January 2015 to April 2019, 60 deals worth $120 billion accounted for 39% of the total 3,600 M&A deals.
India: General Atlantic commits $100m to fund Karvy Fintech growth plans
General Atlantic took a majority stake in Karvy Fintech last November.
India: Five small finance banks gear up for IPOs worth $571.4m
Fincare, ESAF and Utkarsh among those looking to list as an RBI deadline for public listing draws closer.
Japan’s Nippon Express to acquire 22% stake in India’s Future Supply Chain
The capital will be used to fund FSC’s near‐term growth plans.
Indian PE firms defer exit plans amid market volatility
Between 1 January and 14 September this year, 29 companies chose to let regulatory approvals for their initial public offerings (IPO) lapse.
JM Financial closes second India fund with commitments from Sidbi, Quilvest
Quilvest invested more than ₹100 crore in the second fund, along with Indian development financier Sidbi that put in another ₹122 crore.
PE-VC investments in India touch all-time high of $36.7b in January-August
Large investments in the infrastructure sector have added momentum to PE/VC investment activity in India.
Affirma Capital acquires minority stake in Prodapt Solutions for $75m
This marks Affirma Capital’s fourth investment in India in the past twelve months.
Everstone-backed Modern Foods acquires 75% stake in Supreme Baker
Modern Foods purchased a 75% stake in Supreme Baker, which sells Citi Fresh and Topsim Food brands.
