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PE exit of the month: BanyanTree beats benchmark with City Union Bank deal

Finance

30 April

PE exit of the month: BanyanTree beats benchmark with City Union Bank deal

In the most profitable private equity exit of the month, BanyanTree sold its entire stake in City Union Bank almost ......

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M&A of the month: Bharti Infratel-Indus deal dials in a telecom tower giant

M&A of the month: Bharti Infratel-Indus deal dials in a telecom tower giant

The merger of Bharti Infratel and Indus Tower, which created a behemoth with over 163,000 towers operating across all 22 ......

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PE deal of the month: ChrysCap backs Mankind in biggest-ever India healthcare bet

Healthcare

30 April

PE deal of the month: ChrysCap backs Mankind in biggest-ever India healthcare bet

In an otherwise lean month of deal-making, domestic private equity major ChrysCapital’s decision to reinvest in Mankind Pharma, barely three ......

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​Manipal-backed ​​​iGenetic to branch out into B2C mass diagnostics vertical

Healthcare

30 April

​Manipal-backed ​​​iGenetic to branch out into B2C mass diagnostics vertical

iGenetic Diagnostics Pvt. Ltd, a healthcare diagnostics firm with a focus on specialised and differentiated tests, will soon offer routine ......

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How Fortis' new board directors are linked to bidders

Healthcare

27 April

How Fortis' new board directors are linked to bidders

The takeover battle for Fortis Healthcare Ltd, the firm behind India’s second largest hospital chain, took fresh turns every day ......

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Online pharmacy 1mg raises fresh capital at $75 mn valuation

TMT

27 April

Online pharmacy 1mg raises fresh capital at $75 mn valuation

Gurugram-based 1mg Technologies Pvt. Ltd, which operates online pharmacy 1mg, has raised fresh capital to scale its business as it ......

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Reliance Naval and Engineering looks to offer one-time settlement to lenders

Reliance Naval and Engineering looks to offer one-time settlement to lenders

Reliance Naval and Engineering Ltd, the defence business of Anil Ambani-led Reliance Group engaged in shipbuilding, is in talks to ......

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Exitability of consumer brands very exciting: Fireside Ventures' Kanwaljit Singh

Finance

27 April

Exitability of consumer brands very exciting: Fireside Ventures' Kanwaljit Singh

Consumer-focused venture capital firm Fireside Ventures, which marked the final close of its debut fund at Rs 340 crore (about ......

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Niira Radia-run firm picks up majority stake in north India-based hospital chain

Healthcare

26 April

Niira Radia-run firm picks up majority stake in north India-based hospital chain

Nayati Healthcare and Research Pvt. Ltd, which is promoted by former corporate lobbyist Niira Radia, has picked up a majority...

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Global VC firm NEA eyes sale of Indian portfolio

Finance

26 April

Global VC firm NEA eyes sale of Indian portfolio

Global venture capital firm New Enterprise Associates (NEA), which has been investing in India for over a decade, is planning ......