Ridhima Saxena
Stories by Ridhima Saxena
India: Sterling and Wilson Solar to launch $453m IPO on August 6
The size of the IPO has been reduced by about 30 per cent from its earlier target of $652 million.
India: PE firms opt for exits via secondary sales over IPO route
So far this year, only 8 companies have gone public to raise around $798 million.
Satin Creditcare raises $9.4m via ECBs led by responsAbility Investments
The firm will use the funds to grow its assets under management by 35% at the end of the ongoing financial year.
Supply chain solutions provider LEAP India bags funding led by TVS Cap
TVS Capital has infused Rs 100 crore into the venture, while Sixth Sense Venture Fund invested Rs 32 crore, and Samena Capital pumped in Rs 40 crore.
Zeta merges its employee benefits business into Sodexo BRS India
The merger comes a day after Sodexo led a close to $60 million investment in Zeta for a minority stake.
L&T Infotech acquires advanced analytics firm Lymbyc
The company has committed $50 million across five acquisitions since its IPO.
India: NIIF likely to invest $100m in Multiples PE’s third fund
The deal is at a very early stage and both parties are evaluating and discussing the investment terms.
Singapore’s Temasek to up the ante on India investments
Temasek grew its India exposure to 5% in FY19, compared to 4% in the previous fiscal year.
India’s Amicus Capital leads $6m investment in Capital Small Finance Bank
Punjab-based Capital Small Finance Bank will use the funds for its expansion.
VC-backed Milkbasket acquires online grocer PSR Supply Chain
PSR Supply Chain, which caters to customers in east Bengaluru, has a network of over 4,000 registered customers.