One97 Mobility Fund expects to make a fresh investment in the coming week while one of its portfolio companies is set to raise money from a ‘marquee investor’.
The tower arm, which is also backed by KKR, India Equity Partners and Axa PE among others, has as many as 13 investment bankers involved in the IPO.
Bharti Infratel is backed by marquee names like KKR and Temasek, among others, who have cumulatively put in $1.27B.
Second overseas acquisition by Kavveri Telecom group in less than a year.
The deal would help seven-year-old Altruist double its revenues in FY13 and set up a launch pad into developed markets like Europe and the US.
PE-backed handset maker Micromax has pushed back its proposed IPO but recently raised fresh funding from Chinese fables semiconductor maker.
A failed Singapore issue for undersea cable arm is the latest of many setbacks for the telecom giant to raise cash for retiring debt.
The company is aiming to become a pan-Asia player in Cloud-based digital marketing and customer engagement platform.
As a part of the investment, Sanjay Swamy, Shripati Acharya and Bala Parthasarathy from the early-stage investment firm join the Ezetap board.
The Bangalore-based company had earlier attracted VC investors like Norwest Venture Partners and Bessemer Venture Partners.
With $138 million of outstanding, the company is struggling to meet the August deadline.
Comp-U-Learn has acquired five companies in the past three years including two this year.
The VAS company, which has been facing pressure on its bottomline, has seen two CFO exits in less than six months.
Acquisition will give Bharti Airtel access to 4 telecom zones, including the lucrative Delhi and Mumbai cities.
Deal value reported at Rs 200 crore; digital media firm ValueFirst plans IPO in the next 24 months.
Vodafone had filed a petition in the Supreme Court seeking protection against a notice from the India's tax authorities.
Funds will be used for branding and hiring.
The company is backed by Intel Capital, SCSI Capital, Citicorp, Sasken and Cheekotel.
Telenor is seeking to scrap the JV and migrate its business to a new company for fresh operating licences.
Telenor owns 67.25% of the joint venture, while Unitech owns the remainder.
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