Joseph Rai - Author at VCCircle
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Joseph Rai

Chinese group behind Golden Tulip buys majority stake in PE-backed Sarovar Hotels

Consumer

12 January, 2017

Chinese group behind Golden Tulip buys majority stake in PE-backed Sarovar Hotels

Domestic hospitality major Sarovar Hotels & Resorts will sell a majority stake to Europe-based Louvre Hotels Group, which is part ......

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Samara scouting for buyers for healthcare portfolio firm

Healthcare

12 January, 2017

Samara scouting for buyers for healthcare portfolio firm

Samara Capital Management Ltd, which is investing out of its second fund, has engaged an investment banking firm to scout ......

Private investment deals in India fall 30% in Q4; M&As bright spot: News Corp VCCEdge

General

12 January, 2017

Private investment deals in India fall 30% in Q4; M&As bright spot: News Corp VCCEdge

Private investments in companies dropped by over 30% in the final quarter of 2016 primarily pulled down by tepid interest ......

BCCL's Brand Capital backs nutritional supplements maker Genmedic Healthcare

Healthcare

11 January, 2017

BCCL's Brand Capital backs nutritional supplements maker Genmedic Healthcare

Genmedic Healthcare Pvt Ltd, which makes vegetarian nutritional supplements under the Super Gummy brand, on Wednesday said it has raised ......

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CalPERS' India exposure falls for second year in a row

General

11 January, 2017

CalPERS' India exposure falls for second year in a row

The California Public Employees' Retirement System (CalPERS), the largest US pension fund, has posted a drop in its India exposure ......

US-based PerkinElmer to acquire Tulip Diagnostics

Healthcare

10 January, 2017

US-based PerkinElmer to acquire Tulip Diagnostics

US-based PerkinElmer, Inc. on Tuesday said it has agreed to acquire in vitro diagnostics (IVD) company Tulip Diagnostics Pvt. Ltd ......

KKR raises $160 mn under new India credit fund

General

09 January, 2017

KKR raises $160 mn under new India credit fund

Private equity giant Kohlberg Kravis Roberts & Co Ltd (KKR) has marked the pre-close of its second India-focussed credit fund ......

Logistics firm Stellar buys majority stake in Kelvin Cold Chain; Ambit Pragma partially exits

Infrastructure

09 January, 2017

Logistics firm Stellar buys majority stake in Kelvin Cold Chain; Ambit Pragma partially exits

Stellar Value Chain Solutions Pvt Ltd, a third-party logistics company floated last year by former chief of Kishore Biyani-led Future ......

Former Dr. Reddy's exec-led Slayback Pharma raises $60 mn from KKR

Healthcare

09 January, 2017

Former Dr. Reddy's exec-led Slayback Pharma raises $60 mn from KKR

Slayback Pharma, LLC, a privately held pharmaceutical company founded by a former executive of Indian drugmaker Dr. Reddy's Laboratories Ltd, ......

Aurobindo Pharma to buy Portugal's Generis Farmaceutica for $142 mn

Healthcare

07 January, 2017

Aurobindo Pharma to buy Portugal's Generis Farmaceutica for $142 mn

Drugmaker Aurobindo Pharma Ltd said on Saturday that it has agreed to acquire Portugal-based pharmaceuticals products and supplier Generis Farmaceutica ......