PRIVATE EQUITY
Temasek bets $25.7M in HealthCare Global; EILSF exits with 2.2x returns
March 11, 2013 | Lohit Jagwani
Cancer care provider HCG has capex of Rs 250-300 crore to double its network to 45 to 50 centres in the next three years.
Eredene Capital looking to exit Ocean Sparkle, appoints MAPE
March 11, 2013 | Bruhadeeswaran R
Eredene has a portfolio of nine principal investments in India.
CX Partners picks stake in two old-generation private banks for $28M
March 08, 2013 | Madhav A Chanchani
The PE firm joins ChrysCapital and Norwest Venture Partners, which have separately placed multiple bets on the banking sector.
Karmic Lifesciences eyeing up to $10M in PE funding, appoints banker
March 08, 2013 | Diksha Dutta
The firm has raised funding from angel investors and VC firm Basil Partners between 2008 and 2011.
After Financial Technologies, Blackstone buys into India's largest commodity exchange MCX
March 08, 2013 | Madhav A Chanchani
In 2012 Blackstone picked up 6.1 per cent stake in Financial Technologies, which started MCX and currently owns 26%.
Pragnya Advisors invests $5M in Habitat Ventures' Bangalore project
March 07, 2013 | Pooja Sarkar
Pumps in another $5 million in a commercial development project in Colombo.
Partners Group closes 3rd global fund of fund with $886M
March 07, 2013 | Bhawna Gupta
The firm will use more than 50 per cent of this fund in private equity investments.
CX Partners close to finalising deal with Australia’s Transaction Solutions
March 07, 2013 | TEAM VCC
The PE firm plans to buy 75% in the India ATM business of Australia’s Transaction Solutions for $22m.
International Oncology eyes $9M in PE funding in 8-10 months
March 06, 2013 | Lohit Jagwani
The VC-backed company is also evaluating plans to expand overseas.
Bennett, Coleman & Co to pick 12% stake in olive and canola oil firm Dalmia Continental
March 05, 2013 | TEAM VCC
Dalmia Continental is flagship group firm of VN Dalmia, the son of late industrialist Ramkrishna Dalmia, who once controlled a conglomerate which included Bennett, Coleman & Co.
Godrej Properties may bring other investors in joint Mumbai commercial project with Jet Airways
March 05, 2013 | TEAM VCC
The developer has projected revenue generation of up to Rs 4,000 crore from the project against construction and development cost of up to Rs 2,500 crore.
Grameen Koota raises $10M round led by Creation Investments
March 05, 2013 | Madhav A Chanchani
Besides Grameen, several small-to-mid-sized MFIs have managed to raise fresh equity rounds in the past 5-6 months.
Avendus PE launches third PIPE fund; eyes $94M corpus
March 04, 2013 | Bruhadeeswaran R
The last two PIPE funds from Avendus have outperformed the broader indices and the new fund would invest in high quality listed mid-cap companies.
Norwegian Microfinance Initiative fund, Incofin-Rural Impulse invest $4.5M in Fusion Microfinance
March 04, 2013 | Bruhadeeswaran R
The MFI plans to diversify its revenue streams by supplementing its group loan product with an individual lending model, based on small ticket vehicle loans.
CARE Group-backed medical devices firm Relisys in talks to raise up to $15M in PE funding
March 01, 2013 | Lohit Jagwani
CARE Group’s flagship firm Quality Care, which had raised funding and given exits to three private investors in the past, scooped a large round last year from top tier international PE firm Advent.
IndiaHomes looking to raise $20M afresh in private funding, appoints banker
March 01, 2013 | Pooja Sarkar
The firm, which earlier raised funding from Helion Venture Partners and Foundation Capital, is also launching two other business verticals.
Apax Partners continues exit from Apollo Hospitals, sells stake worth $83M
February 28, 2013 | TEAM VCC
Apax’s move comes amid a string of part and full exits by various PE firms from their India portfolio over the past one month.
Flipkart to raise another round of private funding before going public, IPO 2-5 years away
February 27, 2013 | Anand Rai
The firm, which has been adding new product categories in a frenetic pace over the past 12 months, has just entered a big vertical by adding women’s wear.
ArthVeda eyes final close of $46M mid-income housing fund next week
February 27, 2013 | Pooja Sarkar
The fund has already marked six investments across cities with investments ranging from Rs 4.5-17 crore.
PE/VC industry expects clarity on long-term capital gains tax rate in 2013-14 budget
February 26, 2013 | TEAM VCC
Keeping in mind the investor focus, the government should come up with some much-needed clarifications and amendments, says the PE/VC industry.
