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Actis

Actis takes on management of two Abraaj funds

Finance

16 July, 2019

Actis takes on management of two Abraaj funds

Private equity firm Actis said on Monday it had acquired the rights to manage two private equity funds previously managed ......

Kuwaiti PE firm NBK Capital scraps talks to buy Abraaj's credit fund

Finance

21 June, 2019

Kuwaiti PE firm NBK Capital scraps talks to buy Abraaj's credit fund

NBK Capital Partners, owned by Kuwait's biggest lender, has walked away from advanced talks to buy a global credit fund ......

Ola's Foodpanda suspends food delivery; Ex-Ostro execs seek PE funding for new firm

General

22 May, 2019

Ola's Foodpanda suspends food delivery; Ex-Ostro execs seek PE funding for new firm

Ride-hailing firm Ola has ended the contracts of most of its 1,500 food-delivery executives and sacked 40 mid- to entry-level ......

CureFit may raise capital at $500-mn valuation; Hydreq gets new bidders

General

15 April, 2019

CureFit may raise capital at $500-mn valuation; Hydreq gets new bidders

Venture capital firms Accel Growth and Chiratae Ventures, earlier known as IDG Ventures India, are in talks to lead a ......

Reliance Jio, Airtel plan to bid for Zee stake; Actis eyes Engie's India solar biz

General

04 April, 2019

Reliance Jio, Airtel plan to bid for Zee stake; Actis eyes Engie's India solar biz

Reliance Jio Infocomm Ltd and Bharti Airtel Ltd, led by billionaires Mukesh Ambani and Sunil Bharti Mittal, respectively, are planning ......

Actis' Sprng Energy acquires Shapoorji Pallonji's solar energy business

Infrastructure

01 April, 2019

Actis' Sprng Energy acquires Shapoorji Pallonji's solar energy business

Sprng Energy, a renewable energy platform set up in India by British private equity firm Actis, has acquired the operating ......

Actis may sell Super-Max stake after dispute with founders; Quadria, DEG to exit Medica

General

26 March, 2019

Actis may sell Super-Max stake after dispute with founders; Quadria, DEG to exit Medica

Amid a legal battle with the founders of Super-Max, British private equity firm Actis has hired Morgan Stanley to sell ......

Blackstone may fund Manipal in Medanta acquisition; EverSource eyes stake in Ayana

General

18 February, 2019

Blackstone may fund Manipal in Medanta acquisition; EverSource eyes stake in Ayana

Private equity giant Blackstone may invest in Ranjan Pai-led Manipal Education and Medical Group to finance its acquisition of Global ......

Kellogg's eyes Haldiram's; Suitors line up for True North-backed VKL Seasoning

General

14 February, 2019

Kellogg's eyes Haldiram's; Suitors line up for True North-backed VKL Seasoning

US-based packaged foods giant The Kellogg Company is in talks to pick up a significant stake in snacks maker Haldiram’s, ......

Narayana Murthy ups stake in JV with Amazon; Actis may float new renewables entity

General

07 February, 2019

Narayana Murthy ups stake in JV with Amazon; Actis may float new renewables entity

Infosys co-founder NR Narayana Murthy’s family office has increased its stake from 51% to 76% in its joint venture with ......