Consumer
Fulcrum-backed Four Fountains Spa acquires Power Spa, charts expansion plans
Fulcrum Ventures-backed The Four Fountains Spa (TFFS) has acquired Power Spa, a five-year-old mobile spa service provider, for an undisclosed ......
Manufacturing
Blackstone acquires majority stake in Sree Jayajothi Cements for $100M
Private equity giant Blackstone has struck a deal to acquire 53 per cent stake in Sree Jayajothi Cements Ltd for ......
Infrastructure
Eredene in talks with StanChart PE for exit from Ocean Sparkle; may pocket modest IRR
AIM-listed investor Eredene Capital Plc is in talks with Standard Chartered Private Equity, among other investors, to sell its less ......
General
Post Haribhakti split, BDO to form JV with MZS & Associates for India play
BDO International, the $6 billion Belgium-based auditing firm, is in the final stages of announcing a joint venture (JV) with ......
General
Tata Capital set to launch Africa-focused PE fund in partnership with multilateral firms
Tata Capital is in the process of raising an overseas private equity fund for Africa market and is in partnership ......
General
Regulatory norms for factoring NBFCs may be relaxed
The Reserve Bank of India may consider relaxing some norms such as reporting, refinance options and provisioning requirements for the ......
General
Gold loan companies feel growth pangs
Muthoot Finance and Manappuram Finance, the PE-backed non-banking finance companies (NBFCs) who lend against gold, have hit rough weather since ......
General
IndoStar MD Vimal Bhandari on growth plans, investment outlook and impact of RBI guidelines on NBFCs
IndoStar makes for an interesting experiment for private equity investors who have bet on such non-banking finance companies (NBFCs) post ......
General
IFMR Rural Channels eyes $5M in second round of private funding
IFMR Rural Channels & Services Ltd (IRCS), which specialises in rural distribution of financial products and services, is in discussion ......
General
Urban microlender Satin Creditcare eyes $15M in fresh private funding
Delhi-based microfinance institution Satin Creditcare is in advanced talks for an equity infusion of up to Rs 81 crore which ......