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Grapevine: Udaan eyes $2.7 bn valuation in new round; Canadian funds in race for GIP's road assets

General

29 July, 2019

Grapevine: Udaan eyes $2.7 bn valuation in new round; Canadian funds in race for GIP's road assets

Business-to-business e-commerce platform Udaan is looking to raise $500 million in new round of funding that it is likely to ......

Swiggy investor Coatue may back Faasos; Ikea invests in Livspace

General

20 May, 2019

Swiggy investor Coatue may back Faasos; Ikea invests in Livspace

New York-based hedge fund Coatue Management is in talks to lead a $120 million (Rs 835 crore) funding round in ......

Dewan Housing may sell loans biz; PE firm GIP eyes RattanIndia's solar assets

General

26 April, 2019

Dewan Housing may sell loans biz; PE firm GIP eyes RattanIndia's solar assets

Dewan Housing Finance Corporation Ltd (DHFL) is planning to split its retail and wholesale loans businesses and will sell them ......

Snapdeal in talks to acquire ShopClues; Canadian funds, Piramal eye GIP road portfolio

General

09 April, 2019

Snapdeal in talks to acquire ShopClues; Canadian funds, Piramal eye GIP road portfolio

Online retailer Snapdeal is in talks to acquire rival ShopClues, two media reports said. Citing a source familiar with the negotiations, ......

Everstone to buy controlling stake in Sahyadri Hospitals

Healthcare

07 April, 2019

Everstone to buy controlling stake in Sahyadri Hospitals

The Everstone Group has agreed to acquire a controlling stake in Sahyadri Hospitals Ltd, as the private equity firm expands ......

Brookfield hires Apax exec; Canadian funds, NIIF eye GIP's road platform

General

28 January, 2019

Brookfield hires Apax exec; Canadian funds, NIIF eye GIP's road platform

Canadian investment firm Brookfield Asset Management has hired Aditya Joshi, a principal in Apax Partners’ healthcare team, a media report ......

Brookfield, KKR eye IL&FS green energy assets; Bharti Airtel may buy Telkom Kenya

General

15 January, 2019

Brookfield, KKR eye IL&FS green energy assets; Bharti Airtel may buy Telkom Kenya

Debt-laden Infrastructure Leasing & Financial Services Ltd (IL&FS) has drawn interest from as many as 15 large investment firms for ......

World Bank's Kim to join PE firm Global Infrastructure Partners

Finance

09 January, 2019

World Bank's Kim to join PE firm Global Infrastructure Partners

World Bank Group President Jim Yong Kim will join Global Infrastructure Partners (GIP), a private equity fund that invests in ......

GIP plans to raise India-focussed fund next year

Finance

21 December, 2018

GIP plans to raise India-focussed fund next year

US-based infrastructure investor Global Infrastructure Partners will raise an India-focussed fund early next year, a top company executive said. MK Sinha, ......

Brookfield eyes Leela hotels; GIP plans to sell road platform

General

17 December, 2018

Brookfield eyes Leela hotels; GIP plans to sell road platform

Canadian alternative asset manager Brookfield Asset Management is in advanced discussions to buy at least four luxury hotels and a ......