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Ascent Capital signing off from a decade-old portfolio company

Infrastructure

10 October, 2024

Ascent Capital signing off from a decade-old portfolio company

Indian private equity firm Ascent Capital, a growth equity provider that has been more active in striking mid-stage venture capital-style ......

Orbimed, Accel-backed companies get IPO nod; GEF-backed Hero Motors opts out

Healthcare

08 October, 2024

Orbimed, Accel-backed companies get IPO nod; GEF-backed Hero Motors opts out

Two private equity-backed firms' draft red herring prospectuses received the Securities and Exchange Board of India's (SEBI) nod for an ......

Ola Electric shares tumble after founder's spat with comedian Kunal Kamra

Infrastructure

07 October, 2024

Ola Electric shares tumble after founder's spat with comedian Kunal Kamra

Ola Electric's shares tumbled 9% on Monday after a public spat between the founder of India's biggest e-scooter maker and ......

Qatar Airways to buy 25% stake in Virgin Australia from Bain Capital

Infrastructure

01 October, 2024

Qatar Airways to buy 25% stake in Virgin Australia from Bain Capital

Qatar Airways will buy a 25% stake in Virgin Australia from U.S. private equity firm Bain Capital, posing a tougher contest for Qantas ......

Carlyle Aviation to write off $40 mn of SpiceJet's lease arrears

Infrastructure

10 September, 2024

Carlyle Aviation to write off $40 mn of SpiceJet's lease arrears

India's SpiceJet said on Tuesday that Carlyle Group's commercial aviation investment and servicing unit will write off $40.2 million of ......

Blackstone's India logistics platform inks deal to manage govt warehouses

Infrastructure

02 September, 2024

Blackstone's India logistics platform inks deal to manage govt warehouses

Private equity giant Blackstone, which operates in India’s logistics market via Horizon Industrial Parks, has entered into an agreement with ......

Singapore Airlines gets FDI approval for Air India-Vistara merger

Infrastructure

30 August, 2024

Singapore Airlines gets FDI approval for Air India-Vistara merger

Singapore Airlines has received Indian government approval for foreign direct investment, clearing a significant hurdle in the merger of airline ......

Pro
How juicy was Nexus Venture Partners' third portfolio exit move this year?

Infrastructure

23 August, 2024

How juicy was Nexus Venture Partners' third portfolio exit move this year?

Nexus Venture Partners, which has raised more than $2 billion across its seven India and US-focused venture capital funds and garnered ......

Qatar Airways to buy 25% stake in South African carrier Airlink

Infrastructure

21 August, 2024

Qatar Airways to buy 25% stake in South African carrier Airlink

Qatar Airways will take a 25% stake in South Africa-based regional carrier Airlink as both airlines seek to boost services ......

Premium
PE-backed Everest Fleet raising Series C funding, taps new investor

Infrastructure

05 August, 2024

PE-backed Everest Fleet raising Series C funding, taps new investor

Mumbai-based fleet management company Everest Fleet Pvt Ltd is raising Series C funding and bringing on board a marquee offshore investor, ......