Private Equity

KKR, five others show interest in debt-laden Monnet Ispat

Sep 18, 2017/The Economic Times/- MUMBAI: Private equity funds KKR, Apollo Global Management, Oaktree Capital, SSG Asia, Piramal Capital, and Aeon have shown their initial interest in debt-laden steel company Monnet Ispat and Energy, which has been admitted for recovery…
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Chennai Angels, others back IoT startup Hetrogenous Communications

13 September, 2017/VCCiRCLE/- Hetrogenous Communications Technologies Pvt. Ltd, a Chennai-based telecommunications and Internet-of-Things (IoT) startup, has raised Rs 5 crore (around $780,000) in fresh funding from The Chennai Angels, Keiretsu Forum and a group of individual investors. The firm will…
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Alibaba, Paytm investment in BigBasket almost a done deal

11 September, 2017/VCCiRCLE/- Chinese e-tailing giant Alibaba and homegrown e-wallet company Paytm are set to invest about $200 million (Rs 1,277 crore) in SuperMarket Grocery Supplies Pvt. Ltd-owned BigBasket, people familiar with development told VCCircle. The announcement may just be…
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Sequoia leads $6 mn round in cancer diagnostics startup OncoStem

06 September, 2017/VCCiRCLE/- OncoStem Diagnostics Pvt. Ltd, which develops prognostic and predictive tests for cancer treatment, has raised $6 million (Rs 38.5 crore) in a funding round led by Sequoia Capital India, it said in a press statement. Silicon Valley-based…
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Brigade Group to invest in realty-tech startup Snaptrude

30 August, 2017/VCCiRCLE/- Bengaluru-based developer Brigade Enterprises Ltd said it will invest, alongside other developers, in Snaptrude, an intelligence-enabled 3D rapid modelling solution for real estate projects. The announcement was made at the graduation event of its second batch of…
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Cadila, Torrent in merger talks; Alok Industries on radar of PE investors

22 August, 2017/VCCiRCLE/- Drugmakers Cadila Healthcare Ltd and Torrent Pharmaceuticals Ltd are in the nascent stages of negotiations for a merger between the two companies, a report by business news channel ET NOW stated citing multiple people in the know….
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Piramal Finance extends loans worth Rs 1,000 crore to Rustomjee Group

Aug 21, 2017/The Economic Times/- MUMBAI: Piramal Finance, the financial services arm of Ajay Piramal-led Piramal Enterprises, has extended loans worth Rs 1,000 crore to realty developer Rustomjee Group as growth capital across its multiple projects. These projects include redevelopment,…
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Japan’s AnyPay marks debut Indian investment with payment startup Instamojo

18 August, 2017/VCCiRCLE/- Bengaluru-based Instamojo Technologies Pvt. Ltd, which runs an on-demand payments and e-commerce platform for small businesses, has raised an undisclosed amount in a pre-Series B round from Japanese payments firm AnyPay. This was AnyPay’s debut investment in…
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