China’s Tencent, US private equity firm Warburg Pincus and Canada’s Fairfax led investment activity in India last week.

Tencent took part in a Series D funding round of $55 million in Bengaluru-based digital healthcare platform Practo while Warburg Pincus invested $120 million for a 14% stake in multiplex chain PVR Ltd in a deal where Multiples PE partially exit.

In another deal, Indian-origin Canadian billionaire Prem Watsa’s Fairfax India Holdings Corporation struck a deal to acquire a 51% stake in Saurashtra Freight for $30 million.

In the M&A space, India’s largest auto-component maker Motherson Sumi Systems Ltd offered to acquire Helsinki-based PKC Group Plc for $610 million.

Tractor and automaker Mahindra & Mahindra Ltd agreed to acquire a 75.1% stake in Turkish farm equipment maker Hisarlar for $19 million.

In other deals, drugmaker Zydus Cadilla acquired US-based Sentynl Therapeutics while ed-tech platform Byju’s acquired learning guidance tool and student profile-builder Vidyartha.

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