Sneh Susmit
Stories by Sneh Susmit
India: Crisil to acquire data analytics firm Pragmatix Services for $8.6m
CRISIL said Pragmatix had revenue of Rs17.2 crore in fiscal 2017, up 20% from the previous fiscal.
India: Aavishkaar raises $95m in first close of largest impact investment fund
The group has cumulatively raised around $200 million across its previous five funds.
India: Buoyant market attracting investors to pre-IPO funding rounds
So far this year, companies have raised at least $600 million through pre-IPO funding rounds
India: Public market-focussed alternative funds see record capital inflows at $1.3b
They are attracting interest because of the bull run in the Indian stock markets in the past three years.
Khadim India raises nearly $24.4m from anchor investors ahead of IPO
Franklin India, UTI Mutual Fund, HSBC Global Investment Fund & Nomura Singapore participated in the anchor book allocation.
India: Schneider emerges as top bidder for L&T’s electrical unit, Temasek, too, may join
Schneider will bring in Singapore government’s investment arm Temasek Holdings to jointly bid for the assets, the cost of which is expected to be in
India: IndoSpace launches third fund with $550m target corpus
The new fund would take IndoSpace’s total assets under management to above $1 billion.
India: Toro Finserve gets Sebi approval for healthcare fund
The fund will invest in healthcare real estate with long-term leases.
India: Mahindra Logistics IPO opens today, $38m raised from anchor investors
The share sale is a purely secondary offering, which will see parent M&M and private equity firm Kedaara Capital sell 19.33 million shares.
Footwear retailer Khadim India IPO opens on 2 November
The company has set a price range of Rs745-750 per share for the IPO, which values it at Rs1,288-1,297 crore.
