Kotak Mahindra subsidiary exits outsourcing firm Matrix Business Services
Kotak Mahindra Investments Ltd (KMIL), a wholly-owned real estate and corporate financing subsidiary of Kotak Mahindra Bank, has...
Uber finance head Gautam Gupta quits; Jan-March loss narrows
Uber Technologies Inc said its head of finance is leaving, and the privately held ride-hailing company also said that its first-quarter loss narrowed substantially from the prior quarter, putting it on a path toward profitability.Head of finance Gautam Gupta is leaving in July to join another startup in San Francisco, ......
Online pharmacy 1mg gets $10 mn from Korean healthcare fund, others
Gurugram-based 1mg Technologies Pvt. Ltd, which operates an eponymous online pharmacy, has raised $10.32 million (Rs 65.37 crore)...
Hong Kong's PAG closes $6 bn third fund, plans to invest in India
Hong Kong-based investment firm PAG has closed fundraising for its third Asia-focused buyout fund at $6 billion (Rs 42,849 crore),...
Altico Capital backs Century Group's affordable housing project
Non-banking financial company Altico Capital said on Monday that it has invested Rs 120 crore (around $17 million at current exchange...
Asian private equity firm PAG names KKR exec as India chief
Asian alternative investment management firm Pacific Alliance Group, which is set to enter the India market, will appoint senior...
How Pakistan "helped" India open the disinvestment account in new fiscal year
Life Insurance Corporation (LIC) of India and two other state-run insurers have acquired the so-called "enemy shares"...
Impact investor Omnivore hits final close for second fund, exceeds target
Omnivore Capital Management Advisors Pvt. Ltd said on Thursday it has marked the final close of its second fund at $97 million...
Expect strategic sales to account for 40% of our exits: Evolvence's Ajit Kumar
Last year, private equity firm Evolvence India Fund made a quick exit from the foreign exchange unit of Centrum Capital by selling its stake to Ebix Inc. This was its first exit from its second fund even as it is in its final stages of exits from its debut 2006 ......
Reliance Jio, Airtel plan to bid for Zee stake; Actis eyes Engie's India solar biz
Private equity firm Bain Capital is looking to refinance the debt it had taken to invest in Axis Bank, a media report said. Bain...
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