Monthly Archive: July 2017

IDFC infrastructure fund set to buy First Solar’s India portfolio for $300 million

Jul 31, 2017/The Economic Times/- MUMBAI: The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects in…
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Lanco to sell office rental business for Rs 1,000 cr

Jul 31, 2017/The Economic Times/- Bengaluru: The debt-laden Lanco Group is holding advanced talks to sell its commercial office space business to southern builder Divyasree Developers for Rs 1,000 crore, or $160 million, people familiar with the matter said. DivyaSree…
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Hero FinCorp looks to raise Rs 800 crore from ChrysCap

Jul 29, 2017/The Economic Times/- MUMBAI: Hero FinCorp, the vehiclefinance arm of two-wheeler maker Hero MotoCorp, is looking to raise about $120 million, or Rs 800 crore, from India-focused private equity (PE) firm ChrysCapital, two people aware of the development…
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Fitness aggregator Gympik raises money from existing investor

28 July, 2017/VCCiRCLE/- Gympik.com, an online marketplace for discovering fitness centres and gyms, has secured a second tranche of funding from existing investor RoundGlass Partners. Amaresh Ojha, founder and CEO, Gympik, said the company has raised about $1 million (Rs…
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