Ridhima Saxena
Stories by Ridhima Saxena
JM Financial PE acquires stake in India’s Innovcare
Innovcare plans to use the funds to augment its current product portfolio.
India: Private equity investments, exits in auto parts sector dry up
Lack of deals in the sector adds to the woes of an existing credit crunch in the market.
India: IRCTC files for IPO, eyes to raise up to $85.71m
The government plans to reduce its stake in the company by about 12.5 per cent.
US’s Falcon Edge invests $1m in Indian startup vPhrase Analytics
The startup plans to use the funding to expand its operations and launch its latest product Explorazor.
India: DHFL parent WGC said to sell its loan distribution unit to Metdist Group
The sale of Andromeda is part of WGC’s attempts to raise capital to meet debt obligations at the group’s flagship company DHFL.
Deal activity in India’s roads sector gathers steam as foreign investors buy up assets
About ₹1.4 trillion is estimated to be invested by the private sector between 2018-22 to build new road assets.
Kotak reaches final close of special situations fund at $1b
The fund is anchored by a $500 million pledge from Abu Dhabi Investment Authority (ADIA).
India: Tata Capital looks to tap offshore markets to raise debt
In the last few months, Tata Capital has tapped the external commercial borrowing route for its subsidiaries.
India: NIIF makes third close of its Master Fund at about $2b
The fund received further commitments worth $10m from HDFC Life, Kotak Bank in the third round.
Everstone Capital eyes up to $100m IPO for Burger King India
Everstone has recently started work on the draft prospectus for the IPO, which it aims to file with the markets regulator Sebi in the next two months.
