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Grapevine: Tiger, others may invest in Freshworks; Essel may sell 6 roads to NIIF

General

17 October, 2019

Grapevine: Tiger, others may invest in Freshworks; Essel may sell 6 roads to NIIF

Freshworks Inc., one of India’s largest software-as-a-service (SaaS) companies, is looking to raise a fresh round of funding...

Grapevine: CDPQ to buy roads from GIP; KKR, others may bid for Emami cement unit

General

16 October, 2019

Grapevine: CDPQ to buy roads from GIP; KKR, others may bid for Emami cement unit

Blackstone-owned Nexus Malls and Bengaluru-based Prestige Group are in initial talks to merge their mall businesses to create...

Grapevine: T Rowe, D1, Discovery Capital may back Paytm; Doodhwala shuts

General

15 October, 2019

Grapevine: T Rowe, D1, Discovery Capital may back Paytm; Doodhwala shuts

Leading US-based asset management firms and hedge funds T Rowe Price, D1 Capital and Discovery Capital are in talks to ......

Grapevine: Altico resolution plan soon; DHFL may sell wholesale book to Oaktree

General

14 October, 2019

Grapevine: Altico resolution plan soon; DHFL may sell wholesale book to Oaktree

Altico Capital India Ltd, the real estate-focused lender that defaulted on interest payments in September, may float a resolution...

Grapevine: Multiples may lead Kissht funding; govt to invite bids for Air India soon

General

09 October, 2019

Grapevine: Multiples may lead Kissht funding; govt to invite bids for Air India soon

Multiples Alternate Asset Management Pvt. Ltd is in talks to lead a $60 million (about Rs 427 crore at current ......

Grapevine: TPG, others eye Yes Bank stake; UTI AMC's IPO in six months

General

07 October, 2019

Grapevine: TPG, others eye Yes Bank stake; UTI AMC's IPO in six months

Yes Bank is in talks with global private equity firms — TPG, The Carlyle Group and Farallon Capital — for ......

Grapevine: Accel plans sixth India fund; Ant Financial to lead Zomato funding

General

04 October, 2019

Grapevine: Accel plans sixth India fund; Ant Financial to lead Zomato funding

Online food delivery and restaurant discovery platform Zomato is in the process of raising $600 million (about Rs 4,254 crore...

Grapevine: Fosun to buy 2 Pfizer factories; Sunil Mittal to up stake in CG Power

General

03 October, 2019

Grapevine: Fosun to buy 2 Pfizer factories; Sunil Mittal to up stake in CG Power

Gland Pharma, owned by Chinese firm Fosun Pharma, has emerged as the front-runner to acquire the two factories in Chennai ......

Grapevine: Airtel weighs tower unit sale; Apollo Global, Cerberus may bet on Altico

General

01 October, 2019

Grapevine: Airtel weighs tower unit sale; Apollo Global, Cerberus may bet on Altico

Telecom firm Bharti Airtel Ltd is exploring the option of completely selling its stake in its tower infrastructure business to...

Grapevine: Goldman invests in Ozone park; HDFC Capital Advisors may raise $1 bn

General

30 September, 2019

Grapevine: Goldman invests in Ozone park; HDFC Capital Advisors may raise $1 bn

Global institutional investor Goldman Sachs Group has invested around Rs 500 crore ($70.8 million at current exchange rate) in...

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