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LIC, PSU banks bail out New India Assurance's $1.5 bn IPO; Khadim subscribed 45%

Finance

03 November, 2017

LIC, PSU banks bail out New India Assurance's $1.5 bn IPO; Khadim subscribed 45%

Life Insurance Corporation of India and a clutch of state-owned banks rescued New India Assurance’s Rs 9,600 crore ($1.5 billion) ......

Fairwinds PE-backed Khadim's IPO off to slow start; anchor investors put $25 mn

Manufacturing

02 November, 2017

Fairwinds PE-backed Khadim's IPO off to slow start; anchor investors put $25 mn

The initial public offering (IPO) of Khadim India Ltd, a footwear maker backed by private equity firm Fairwinds, made a ......

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WestBridge Capital hikes stake in consumer goods firm

Consumer

14 March, 2017

WestBridge Capital hikes stake in consumer goods firm

Public markets-focused private equity firm WestBridge Capital Partners has raised its holding in a consumer goods company after first picking ......

IAN invests in B2B marketplace for leather products ShoeKonnect

TMT

12 September, 2016

IAN invests in B2B marketplace for leather products ShoeKonnect

Agra-based business-to-business (B2B) marketplace for leather products ShoeKonnect has raised an undisclosed amount in an angel round of funding from ......