Nexus Venture, top angel investors back social video platform Mitron
Mitron TV Pvt. Ltd, which operates an eponymous social video platform, has raised $5 million (Rs 37.41 crore at current exchange...
Brookfield to add new asset class via upcoming real estate deal
Brookfield Asset Management Inc. is likely to add a new asset class to its India portfolio with an upcoming deal as it continues...
Why Quess Corp decided to sell its last-mile logistics business
Fairfax-controlled Quess Corp Ltd is all set to disengage from the last-mile logistics space that it says runs mostly on wafer-thin...
ixigo-backed gogoBus acquires Ranchi travel platform BusYar
Inter-city mobility startup gogoBus has acquired BusYar, a Ranchi-based bus transport aggregator. The acquisition, which is...
Govt wants auto companies to cut royalties to foreign parents
India's commerce minister has asked automakers to find ways to reduce royalty payments to foreign parent companies for use...
Ashok Leyland scales back stake ownership plan for NBFC arm
Hinduja Group flagship Ashok Leyland Ltd will acquire a lower amount of stake in Hinduja Leyland Finance Ltd than originally planned. The...
Pressured equity: Asia buyout firms struggle with COVID-hit portfolio
Baring Private Equity Asia and CITIC Capital have sold the China business of Wall Street English (WSE) at a deep discount in just...
Mumbai industrial group eyes final close of PIPE fund by March-end
A diversified business conglomerate based in Mumbai is aiming for the final close of its public equity-focused alternative investment...
Blackstone-backed Mindspace REIT’s IPO covered 13 times on final day
The initial public offering of Mindspace Business Parks REIT was covered almost 13 times on the final day Wednesday thanks to...
New chief executive takes IL&FS PE's helm in mid-storm
A new CEO has taken the helm of the troubled IL&FS group’s private equity arm at a difficult juncture, given that uncertainty...
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