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Grapevine: I Squared plans an exit; Ola Electric IPO likely in August

General

25 July, 2024

Grapevine: I Squared plans an exit; Ola Electric IPO likely in August

Private equity firm I Squared Capital and sovereigh wealth fund Abu Dhabi Investment Authority (ADIA) plan to sell up to $400 million worth of their ......

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Bottomline: How PE-backed Cube Highways' InvIT performed in its first year of listing

Infrastructure

11 July, 2024

Bottomline: How PE-backed Cube Highways' InvIT performed in its first year of listing

Cube Highways Trust, the infrastructure investment trust (InvIT) backed by private equity firm I Squared Capital, eked out a yield ......

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Grapevine: Peak XV-backed Kenko may shut shop; Zepto gets more investors

General

12 June, 2024

Grapevine: Peak XV-backed Kenko may shut shop; Zepto gets more investors

Kenko Health, which is backed by Peak XV Partners and Orios Venture Partners, is on the brink of shutdown due to a shareholder ......

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Grapevine: CPPIB, Cube Highways eye NIIF assets; Warburg Pincus, ChrysCap join race for BSV

General

07 June, 2024

Grapevine: CPPIB, Cube Highways eye NIIF assets; Warburg Pincus, ChrysCap join race for BSV

Canada Pension Plan Investment Board (CPPIB) and Cube Highways are final contenders for the road assets of National Investment and Infrastructure Fund’s Athaang ......

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Grapevine: Brookfield, GIC eye Blackstone's PGP Glass; Cube Highways may sell road projects

General

26 February, 2024

Grapevine: Brookfield, GIC eye Blackstone's PGP Glass; Cube Highways may sell road projects

Global investment firms, including Brookfield, GIC of Singapore, and Alpha Wave, are in contention for a minimum 50% stake in ......

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Grapevine: KKR explores exit from Avendus; Flipkart eyes Dunzo

General

21 February, 2024

Grapevine: KKR explores exit from Avendus; Flipkart eyes Dunzo

US private equity firm KKR is considering an exit from Avendus Capital, a leading Indian financial services firm, more than ......

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Grapevine: GIC, Sterlite Power mull JV; KKR, Cube Highways eye road assets

General

25 October, 2023

Grapevine: GIC, Sterlite Power mull JV; KKR, Cube Highways eye road assets

Singapore sovereign wealth fund GIC plans to set up a $1-billion joint venture platform with power transmission developer Sterlite Power, ......

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Grapevine: KKR, CDPQ eye road asset; JBM Auto leads race for SML Isuzu

General

16 June, 2023

Grapevine: KKR, CDPQ eye road asset; JBM Auto leads race for SML Isuzu

US-based private equity firm KKR and Canadian pension fund CDPQ are among a number of foreign investors looking to acquire ......

Grapevine: KKR, Sekura eye road assets; Max leads race for TPG's Care Hospitals

General

21 April, 2023

Grapevine: KKR, Sekura eye road assets; Max leads race for TPG's Care Hospitals

Global private equity giant KKR, Edelweiss platform Sekura, road and infrastructure operator Shrem InvIT and infrastructure investor I Squared Capital-backed ......

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Infra PE firm I Squared pushes up India asset deal value

Infrastructure

29 March, 2023

Infra PE firm I Squared pushes up India asset deal value

Infrastructure-focused private equity firm I Squared Capital's India highways platform has pushed up the value of a deal it first ......