India Digest: Bid talks for Cipla; Nazara to raise up to $12m; BharatPe eyes $100m

Bain Capital is reportedly in talks with Dr Reddy’s Laboratories to consider a joint bid for buying out promoters’ stake in Cipla. Fintech firm BharatPe has approached its existing investors to raise $100 million in an equity funding round while Nazara Technologies is looking to raise up to $12 million.