bankruptcy
Consumer
US firm Perfect Day to invest in Sterling Biotech under bankruptcy; to invest 1.5x more
Perfect Day, a US-based food technology startup that acquired Gujarat-based Sterling Biotech through the liquidation process under the bankruptcy process, ......
Finance
Oaktree, Hinduja and others bid for Reliance Cap; Advent stays away
US private equity major Oaktree Capital, Hinduja Group and Ahmedabad-based Torrent - a consortium of Piramal and Cosmea Financial - ......
Infrastructure
Värde Partners draws up $1 bn India investment plan
US alternative investment firm Värde Partners plans to invest as much as $1 billion to grow its portfolio in India ......
Finance
'Bankrupt companies selling in parts better than sale to single bidder'
A mix of investors buying different parts of a bankrupt company is better than a single investor picking up the ......
Finance
Edtech firm Lido Learning files for insolvency
Ronnie Screwvala’s Unilazer Ventures-backed Quality Tutorials Pvt. Ltd, which runs edtech platform Lido Learning, has filed for insolvency, according to ......
Consumer
Nandan Nilekani-funded ShopX files for bankruptcy
Bengaluru-based ShopX has decided to ‘wind down its operations’ and has filed an application for insolvency and bankruptcy under Section ......
Finance
9Unicorns -backed Legalpay marks first exit from insolvency financing
Venture capital-backed litigation financing startup, Legalpay has made its first successful exit in less than a year of providing interim ......
Finance
Future Group shares plummet after Reliance calls off $3.4 bn deal
Shares of Future Group companies have fallen sharply, some as much as 20%, after oil-to-telecom conglomerate Reliance called off its ......
Manufacturing
Nithia Capital acquires stressed steel firm for $80 mn
UK-based advisor and distressed steel investor Nithia Capital announced it has completed the acquisition of Crest Steel and Power Pvt ......
Finance
Brookfield, Multiples, Adani, Blackstone arm among 55 interested bidders for Reliance Capital
Brookfield, Ares SSG Capital, Edelweiss, Blackstone’s asset reconstruction arm, Multiples private equity, JC Flowers and Co, True North and TPG ......
