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IFC sells 10.88% stake in Kanoria Chemicals, exits with modest dollar gains

Manufacturing

14 December

IFC sells 10.88% stake in Kanoria Chemicals, exits with modest dollar gains

International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, has exited its five-year-old investment in ......

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Infrastructure

13 December

Puravankara promoters hiring bankers for stake dilution, decision by Jan-end

Promoters of Bangalore-based real estate developer Puravankara Projects Ltd are looking to hire bankers and are likely to come up ......

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Consumer

13 December

Devyani International eyes $27M in another PE round, pushes back IPO to 2014

ICICI Venture-backed Devyani International Ltd is looking to raise Rs 150 crore ($27 million) in another round of private equity ......

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General

12 December

Hedge fund manager Blue Mountain Capital raises $35M VC fund, sees first deal in early 2013

Blue Mountain Capital Management (), a Bangalore-based hedge fund manager which also provides wealth management services, has raised a venture ......

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General

12 December

PE investors sit on 40% gain in CARE IPO

The maiden offering of Credit Analysis & Research Ltd (CARE), one of India’s largest credit rating agencies, was subscribed nearly ......

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General

14 December

StanChart PE puts $600M in India in past 18 months; to continue same investment pace

Standard Chartered Private Equity expects to retain its investment pace in spite of the fact that there is some negative ......

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Infrastructure

11 December

Idealab in talks to exit plug-and-play solar power device-maker Duron Energy

California-based technology incubator Idealab is in talks with three power companies to sell its majority stake in plug-and-play solar power ......

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TMT

11 December

Cloud-based billing solutions firm ChargeBee raises $350K from US angels

BubblePath Inc, which operates under the brand ChargeBee and provides cloud-based subscription billing & recurring billing solutions to small & ......

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General

07 December

Swadhaar facing margin squeeze as it enters ‘billion rupee' loan club, scripting expansion

Mumbai-based urban microfinance institution Swadhaar FinServe is set to enter the Rs 100 crore (Rs 1 billion) loan-book club by ......

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Healthcare

06 December

Strides Arcolab promoters may sell their entire stake for $540M, Pfizer front-runner

Promoters of Strides Arcolab Ltd, who were earlier involved in negotiations for selling the injectables business of the public listed ......