Private Equity
General
IDFC Alternatives expects to close $1B infra fund by year end
The private equity arm of IDFC Ltd has raised $644 million for the first close of its second infrastructure fund, ......
Construction
GMR divests 74% stake in highway unit to IDFC for $35M
GMR's road development arm, GMR Highways has signed a definitive agreement with IDFC's India Infrastructure Fund......
Infrastructure
Morgan Stanley Realty Fund's proposed $175M investment in Wadhwa's commercial project falls through
Mumbai-based realtor Wadhwa Group’s proposed deal to raise Rs 1,100 crore ($175 million) from Morgan Stanley Real Estate Fund for ......
Consumer
Footwear retailer Khadim's in talks to raise $12.7M from Reliance Equity Advisors
Kolkata-based footwear manufacturer and retailer Khadim India Ltd, which runs its operations under the brand Khadim’s, is in advanced talks ......
General
Micro Housing Finance Corp raises $5.4M in new equity funding
Urban lower income-focused housing finance company, Micro Housing Finance Corporation (MHFC), has raised Rs 35 crore ($5.4 million) in new ......
Infrastructure
Wells Fargo folding realty investment unit in India
American banking giant Wells Fargo is shutting its real estate investment unit in India, three independent sources privy to the ......
Infrastructure
Red Fort Capital invests $57M in township project of Lotus Greens Developers
Real estate dedicated private equity firm Red Fort Capital has invested Rs 365 crore ($57 million) in a Gurgaon-based project ......
Healthcare
Shalby Hospitals in talks with PE firms to raise up to $39M, eyes acquisitions
Ahmedabad-based multispecialty hospital chain Shalby Ltd is in talks with various private equity players to raise Rs 150-250 crore ($24-39 ......
TMT
ChrysCapital starts selling stake in JMT Auto, pares more stake in Hexaware
Private equity major ChrysCapital has started selling stake in Jamshedpur-based JMT Auto Ltd, cutting nearly a third of its stake ......
Healthcare
TPG Growth picks stake in Sutures for $23.6M, eyes control deals in healthcare space
TPG Growth, the mid-market and growth equity platform of alternatives major TPG, is looking to step up its investments in ......
