Monthly Archive: March 2017

AION Capital Partners picks up majority stake in Essel-Shyam Group’s PlanetCast

March 22, 2017/The Economic Times/- MUMBAI: AION Capital Partners would buy a majority stake in PlanetCast Media Services, run among others by the Essel-Shyam Group, providing evidence of satellite broadcasting’s increasing appeal in the world’s second most populous nation that…
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GVK Power sells 33% stake in BIAL for Rs 2,202 crore

March 24, 2017/The Economic Times/- NEW DELHI: GVK Power & Infrastructure today said that it has divested 33 per cent stake in the Bangalore International Airport to FIH Mauritius and Fairfax India Holdings for Rs 2,202 crore to bring down…
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Altico Capital provides credit line of up to Rs 300 crore to Phoenix Group

Mar 24, 2017/The Economic Times/- MUMBAI: Clearwater Capital-backed non-banking financial company Altico Capital has provided a credit line of up to Rs 300 crore to Hyderabad-based real estate developer Phoenix Group. Phoenix Group will use the funds to repay some…
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MarketsandMarkets gets $56 mn from FTV Capital, Zodius

23 March 2017,VCCiRCLE/- Pune-based industry research and consulting company MarketsandMarkets Research Pvt. Ltd has secured $56 million (Rs 367 crore) in its first institutional fundraising round. Private equity firm FTV Capital led the round, marking a rare PE activity in…
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Sequoia, Fosun invest $15 mn in travel marketplace Ixigo

22 March,2017,VCCiRCLE/- Gurgaon-based Le Travenues Technology Pvt Ltd, which runs online travel search engine ixigo, has raised $15 million in a Series B funding round led by Sequoia Capital. Fosun Kinzon Capital Pvt Ltd, the venture capital arm of Chinese…
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AION Capital Partners acquires Planetcast Media Services

22 March,2017,VCCiRCLE/- AION Capital Partners Ltd, a joint private equity fund sponsored and run by Apollo Global Management India Advisors Private Limited and ICICI Venture Funds Management Company Ltd, has acquired a majority stake in Planetcast Media Services Ltd, representatives…
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