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Abraaj Group

Kuwaiti lender may nix Abraaj debt settlement, push PE firm to liquidation

Finance

07 June, 2018

Kuwaiti lender may nix Abraaj debt settlement, push PE firm to liquidation

A Kuwaiti creditor is refusing to agree to a debt settlement deal with Abraaj, which could push the private equity ......

BigBasket inches closer to unicorn tag after raising $300 mn from Alibaba, others

TMT

01 February, 2018

BigBasket inches closer to unicorn tag after raising $300 mn from Alibaba, others

SuperMarket Grocery Supplies Pvt Ltd, which owns the BigBasket brand, has raised $300 million (around Rs 1,921 crore) in a ......

Abraaj, ENGIE to set up wind power platform in India

Infrastructure

20 September, 2017

Abraaj, ENGIE to set up wind power platform in India

Dubai-based private equity investor Abraaj Group and French multinational utility company ENGIE will develop a wind power platform in India, ......

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Kitara Capital-backed Krsnaa Diagnostics raises fresh capital

Healthcare

07 June, 2017

Kitara Capital-backed Krsnaa Diagnostics raises fresh capital

Pune-based Krsnaa Diagnostics Pvt. Ltd, which operates radiology and pathology centres through an asset-light business model within hospitals run by ......

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Company watch: CARE Hospitals all hale and hearty after Abraaj's backing

Healthcare

15 May, 2017

Company watch: CARE Hospitals all hale and hearty after Abraaj's backing

In early 2016, Dubai-based private equity firm Abraaj Group made its biggest bet in the Indian healthcare sector when it ......

Aditya Birla Group ties up with Lotus Renewable to launch $100 mn fund

General

02 March, 2017

Aditya Birla Group ties up with Lotus Renewable to launch $100 mn fund

Kumar Mangalam Birla-controlled diversified business conglomerate Aditya Birla Group has joined hands with Sri Lanka-based Lotus Renewable Energy Pvt. Ltd ......

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Peepul Capital readies blueprint for new PE fund

General

24 January, 2017

Peepul Capital readies blueprint for new PE fund

Private equity firm Peepul Capital is preparing to float a new fund, a person close to the development told VCCircle, ......

Abraaj Group in advanced talks to buy majority stake in Medall Healthcare

Healthcare

04 January, 2017

Abraaj Group in advanced talks to buy majority stake in Medall Healthcare

Dubai-based private equity investor Abraaj Group, which struck a deal last year to buy a majority stake in India’s CARE ......

CARE Hospitals' CEO Dilip Jose quits to join TPG Capital

Healthcare

25 July, 2016

CARE Hospitals' CEO Dilip Jose quits to join TPG Capital

Dilip Jose, CEO of the Abraaj Group-owned CARE Hospitals, has resigned to join TPG Capital from October, a person aware ......

BigBasket raises $150M from Abraaj Group, IFC and others

TMT

22 March, 2016

BigBasket raises $150M from Abraaj Group, IFC and others

Online grocer BigBasket.com has raised $150 million (about Rs 1,000 crore) in an expanded round of funding led by the ......