Swaraj Singh Dhanjal
Stories by Swaraj Singh Dhanjal
India’s capital market regulator relaxes post-IPO lock-in requirements
The move is likely to benefit many new-age technology companies and firms backed by financial investors.
KM Birla steps down as chairman of beleaguered Indian telco Voda Idea
Vodafone Group has ruled out any further equity infusion into Vodafone Idea.
Carlyle to sell remaining 1.9% stake in Indian life insurer SBI Life
Carlye is exiting just two-and-a-half years after it picked up 9% in the life insurer.
Canadian pension fund OMERS to buy 19.36% in Azure Power Global
Canadian pension funds have been placing significant India bets and represent the so-called patient capital.
Baring PE Asia plans partial exit from Indian cash management firm CMS via IPO
The PE firm will look to exploit a runaway rally in stock markets this year to profit from its 2015 purchase.
Tiger Global in talks to lead $350m funding in India’s BharatPe
Existing investors Coatue Management and Ribbit Capital will also participate in the round.
Indian online auto marketplace Droom raises $200m at $1.2b valuation
The company is pursuing a dual-track for a possible IPO and aims to be listed either on Nasdaq or in India in 2022.
Everstone, Yondr to jointly deploy $1b to develop data centres in India
Yondr Group is a global developer, owner-operator and service provider of hyperscale data centres.
Trifecta Capital raises $130m in first close of debut VC fund
Existing investors of Trifecta Capital’s venture debt funds have made significant investments.
Investec eyes opportunities in LBO financing as PE market deepens in India
Investec is also looking to beef up its private credit lending practice in India.